Latest official figures show 500,000 jobs lost in past 6 months but other data points to much bigger job looses: 782,000 drop in payrolls + about 500k decline in self-employment = nearly 1.3 million. True unemployment rate is probably 6-7pc, compared to the official 4.8pc rate.
Andrew Sentance Tue 10 Nov 2020 07:54

Where is the latest UK data on #Coronavirus cases, hospitalisations and deaths which is normally released at 4pm? Maybe health journalists like @BBCHughPym can tell us. The PM is giving a press conference but no mention of the latest data. Very odd!
Andrew Sentance Mon 09 Nov 2020 17:34

RT @CambridgeEcon: A new Cambridge Econometrics report published today by @Greenpeaceuk shows that a 2030 ban on internal combustion engine…
Andrew Sentance Mon 09 Nov 2020 16:19

RT @jhawksworth5: Good piece by @PJTheEconomist highlighting that near zero interest rates/QE may be great news for homeowners and a Chance…
Andrew Sentance Mon 09 Nov 2020 16:04

More fireworks tonight. I doubt these are socially distanced fireworks parties following lockdown regs. Businesses have been shut down and people ignore the regulations. It makes me sick!
Andrew Sentance Fri 06 Nov 2020 17:41

What makes Fleetwood Mac such a good band? (1) Mick Fleetwood and John McVie - a drum/bass engine. (2) An exceptional guitarist - Lindsey Buckingham (3) Brilliant songwriters - Christine, Lindsey, Stevie.
Andrew Sentance Fri 06 Nov 2020 15:46

Joe Biden takes the lead in Pennsylvania. Time to put some Philly Soul on the turntable to celebrate!
Andrew Sentance Fri 06 Nov 2020 14:06

RT @CambridgeEcon: Our Senior Advisor @asentance was interviewed on this morning's @BBCr4today on whether or not the latest #QE from the @b…
Andrew Sentance Fri 06 Nov 2020 10:16

RT @BruceReuters: One thing I've been struck by - doesn't matter if it's a Democrat or Republican-run area, there's a lot of pride in local…
Andrew Sentance Fri 06 Nov 2020 08:01

RT @robyounguk: As the furlough scheme is extended until March, have businesses and workers got enough financial help to get through a "dif…
Andrew Sentance Fri 06 Nov 2020 07:46

If Biden wins Arizona, Pennsylvania, Georgia and Nevada - a very likely outcome - he gets 306 college votes compared to Trump on 232.That would be a pretty convincing victory and unlikely to be overturned by legal appeals. Goodbye Donald J Trump!
Andrew Sentance Fri 06 Nov 2020 07:41

I am pretty sure we will see massive non-compliance with the latest Lockdown restrictions in England.
Andrew Sentance Thu 05 Nov 2020 19:45

So, we know a big problem with #Coronavirus restrictions is lack of compliance. So very disappointed to hear massive firework parties going on locally this evening. What is the point of us following the rules when there is so much flagrant abuse.
Andrew Sentance Thu 05 Nov 2020 19:10

I can hear many fireworks being set off locally here in #Broxbourbe. I can’t believe these firework parties are being confined to one household, but I may be wrong.
Andrew Sentance Thu 05 Nov 2020 18:55

Listening to this classic album this evening ... https://t.co/2Crpyd1Hro
Andrew Sentance Thu 05 Nov 2020 18:40

Favourite FMac album? Fleetwood Mac (1975), Rumours, Tusk, Mirage? Surely @notayesmansecon will have a view!
Andrew Sentance Thu 05 Nov 2020 17:35

I like Joe Biden. I like the way he conducts himself - calm and measured. Trump is wild and erratic, and often lies. I know who I would prefer to be next President. Let’s hope it all works out.
Andrew Sentance Thu 05 Nov 2020 15:15

So much contrast between the humility of Joe Biden and the self-promoting of bombast from Donald Trump. Let us hope that the best man wins.
Andrew Sentance Thu 05 Nov 2020 11:50

Just watched Andrew Bailey on @SkyNews. He is not a man who inspires confidence in his management of the economy.
Andrew Sentance Thu 05 Nov 2020 11:20

I hope everyone has read the SAGE advice from September. Link No suggestion of shutting down non-essential retail.
Andrew Sentance Thu 05 Nov 2020 11:00

Hi @IanKingSky - you say #BoE will own a quarter of UK gilts. More like a half. @notayesmansecon may have a better view. The last figure I saw for UK gilt issuance was £1.5 trn at end-2018. Adjusting for recent QE and recent borrowing trends, #BoE had more than half, not 1/4.
Andrew Sentance Thu 05 Nov 2020 10:40

RT @HenryPryor: The @bankofengland is to pump another £150bn into the UK economy to help it through the coronavirus pandemic, in another ro…
Andrew Sentance Thu 05 Nov 2020 08:50

RT @PhilAldrick: BOE ramps up QE by another £150bn, more than the £100bn expected. Rates held at 0.1pc, Corproate bonds steady at £20bn. To…
Andrew Sentance Thu 05 Nov 2020 08:40

Another predictable injection of #QE by @bankofengland. 150bn takes total since March to £470bn, more than in previous 11 years! Not clear this is necessary or desirable in the current situation. Public health measures & fiscal support are needed, not excessive monetary stimulus
Andrew Sentance Thu 05 Nov 2020 07:55

RT @AlpeshPaleja: Good piece on why more QE may have less bang for its buck Bank of England faces new doubts over potency of buying bonds…
Andrew Sentance Tue 03 Nov 2020 11:08