Simon Pittaway
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simonpittaway.bsky.social
Simon Pittaway
@simonpittaway.bsky.social
Working on macro, wealth and household balance sheets at the Resolution Foundation.
New research out from me today: why has Britain experienced so little productivity growth in recent years? And why (at least up until now) has the US has performed so much better?

Spoiler: it’s not just tech companies and energy prices 🧵
April 8, 2025 at 9:49 AM
The UK economy unexpectedly grew by 0.1% in the last quarter of 2024 on the back of an unexpectedly strong December. But yet another fall in GDP per capita underlines our ongoing living standards squeeze. A thread on the key takeaways from today’s data.🧵
February 13, 2025 at 9:58 AM
Reposted by Simon Pittaway
One reason why UK low-income households are especially poor (by intl. standards) is the cost of goods & services for this demographic. What’s behind this – and what should be done? @simonpittaway.bsky.social of @resfoundation.bsky.social explores #LSEInequalitiesBlog
Why is Britain a particularly pricey place to be poor?
Lower-income households in the UK are significantly poorer than their counterparts in countries like France and Germany. What’s more, the gap in living standards gets wider still when you fac…
buff.ly
January 29, 2025 at 9:41 AM
Are any marketsy people on here able to explain why gilt-OIS spreads have risen so much over the past year?

The timing is consistent with QT being the driver, but that's only circumstantial evidence.
January 29, 2025 at 9:08 AM
When comparing incomes across countries, we adjust for the local price of all goods and services (known as purchasing power parity, or PPP). But when comparing the incomes of poorer households, shouldn’t we focus on the price of things that matter most to them?🧵
January 13, 2025 at 12:21 PM