Latest articles

16 July 2014

Can Modi’s budget boost India’s economy?

By Anubhav Mohanty Arun Jaitley, India’s Finance Minister presented the Modi-government’s first budget last week. In a speech that lasted a little more than two hours, the Finance Minister outlined his road map for the economy which included measures to improve infrastructure, reform the tax system and allow more foreign... Read more

09 July 2014

UK economy takes off – but it could still be a bumpy ride

By John Hawksworth Our latest UK Economic Outlook report, published today, suggests that the economy is on a clear upward trend. GDP growth has accelerated from a sluggish 0.3% in 2012 to 1.7% in 2013 and we expect it to pick up to around 3% on average in 2014. It... Read more

06 June 2014

What does it take to win the World Cup?

By William Zimmern and Dan Broadfield As the 2014 World Cup in Brazil draws closer, there’s increasing interest in what makes a successful World Cup nation, and which countries are the strongest contenders to win the tournament. We find that the following factors are important in how well a country... Read more

29 May 2014

Inequality and the Piketty debate

By John Hawksworth and Andrew Sentance Thomas Piketty is the French “rock star” economist whose magnum opus, Capital in the Twenty-First Century, has become a surprise bestseller on both sides of the Atlantic and one of the most talked about books on economics in recent times. It has also attracted... Read more

20 May 2014

London takes the crown – notes from a resident

By John Hawksworth London has for the first time claimed top spot as a centre for business, finance and culture in Cities of Opportunity - PwC’s sixth annual index of 30 major cities internationally. London has edged ahead of New York since last year, with Singapore coming in a strong... Read more

09 May 2014

China overtakes the US – a symbol of shifting global economic power

By John Hawksworth According to one measure of economic size, GDP at purchasing power parities (PPPs), China could overtake the US as early as 2014 according to new estimates by the World Bank published last week. This is three years earlier than projected in our own ‘World in 2050’ study... Read more

25 April 2014

UK set to recover 5th place in global economic league

By Andrew Sentance, Senior Economic Adviser, PwC The latest IMF economic forecast grabbed the headlines in the UK earlier this month when it suggested that the UK would be the fastest growing G7 economy in 2014. This encouraged me to go back to the IMF’s database and work out how... Read more

01 April 2014

Pay and productivity – an economic perspective

By John Hawksworth The UK economy is recovering, but so far pay and productivity have been the two key missing pieces in the jigsaw. How do they fit together and when might they also mount a strong recovery? Economic theory suggests that pay and productivity are closely linked, since if... Read more

25 March 2014

Is there a house price bubble in the UK?

By William Zimmern & Tom Fisher UK House prices hit £250,000 on average at the end of 2013 according to the latest figures from the ONS, and the average London home would set you back £200,000 more on top of this. In nominal terms UK house prices have now climbed... Read more

20 March 2014

The 2014 Budget – as “good as it gets” for now

By Andrew Sentance, Senior Economic Adviser, PwC 2014 may be “as good as it gets” for the growth of the British economy, according to the latest OBR forecasts released in yesterday’s Budget. GDP growth is projected to be 2.7% this year, but is then expected to be around 2.5% over... Read more

Latest tweets