Commodity prices may spoil the party
Article Abstract:
Commodity prices have been very volatile since late 1997, and financial markets have been unable to completely overlook their impact. The decline in commodity prices in 1998 may have had a more beneficial effect on the world economy than has generally been acknowledged. Indeed, the fall in oil prices may have directly cut global inflation by around 0.4%. Falls in other commodity prices probably made a slight contribution to this disinflationary effect. However, the recent revival in oil prices will almost precisely balance out the improvement in inflation coming from the manufacturing sector.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 1999
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How Labour gained from its shift to the centre
Article Abstract:
It appears that the UK Labour party's significant shift towards the centre on key economic issues was successful in gaining new votes for the party. It was clear to voters that the nature of the party had changed, and there is evidence that Labour's commitment to freeze income tax rates was particularly beneficial. Labour was able to attract centre-right votes at the 1997 general election, and was particularly successful in the most important geographical areas. However, there is mixed evidence about whether Labour's core supporters were alienated by the party's shift to the centre.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 1998
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We cannot delay the EMU decision much longer
Article Abstract:
The timing of European monetary union (EMU) is an issue which is driving an even wider gap between those who believe that the UK should establish closer economic and political links with the European Union and those who believe that the UK should not participate in European Union moves towards federation. Pro-Europeans are determined that the UK government should keep its options open, and fear that there will be disastrous consequences if EMU becomes a general election issue.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 1996
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