Hamish McRae

The Centre for Economics and Business Research calculates the overall effect will be to cut national output by nearly 9 per cent by the end of the decade.

A huge shift of economic power is taking place

Markets here are nervous about the Budget - but the outcome of the US election is more important for Britons.

There are three headwinds that the economy has to push against

It will take a few weeks for people, both individually and as managers, to work out what to do.

Cross your fingers that the American electors will at least deliver a clear choice for their president - whatever that choice may be.

The business community, taken as a whole, seems to like the outcome of this election

Let's step back from all the politics and try to figure out what Donald Trump's victory really means for our economy here.

Public-sector productivity has long been a concern for the UK

If the Chancellor wants to keep older people in paid work, and paying tax, she will be pushing at an open door.