Hints and tips:
...Ruth Lea, Arbuthnot Banking Group: I am no expert on Scotland – and I do not expect them to vote for independence....
...Amit Kara, UBS: Hopefully that productivity has improved and that the puzzle is behind us....
...Ruth Lea, Arbuthnot Banking Group: I briefly mentioned the housing market above. The housing market does not need to be restrained at the moment, though it does need to be kept under vigilance....
...Ruth Lea, Arbuthnot Banking Group: I don’t expect the Bank to change its forward guidance next year and, given the caveats attached to it, I don’t think it needs to do....
...Amit Kara, UBS: Economic growth will likely moderate, but we see healthy economic growth next year as well....
...Ruth Lea, Arbuthnot Banking Group: It depends what is meant by “plan A”....
...Ruth Lea, Arbuthnot Banking Group: It is impossible to say how long rising employment can remain consistent with stagnant output....
...If only London were less attractive to overseas purchasers … Ruth Lea, Arbuthnot Banking Group: It depends what criteria are used – and for whom (first time buyers?)?...
...Amit Kara, UBS: The euro sceptic stance adopted by the Conservative and Labour parties essentially reflects the views of the electorate and as such this debate is likely to rumble on....
...Ruth Lea, Arbuthnot Banking Group: As my central case I forecast a weak though sustained recovery in 2013, driven by higher personal consumption growth, which in turn reflects a less aggressive squeeze...
...The SEC filed its first case in 2009 against Maynard Jenkins, the former chief executive of CSK Auto, seeking $4m in bonuses and stock profits....
...Amit Kara, UBS: In our view the Treasury should not change the BoE’s remit....
...Amit Kara, UBS: If ‘Plan A’ is defined as achieving the new fiscal rules, the government has already on a different plan....
...Ruth Lea, Arbuthnot Banking Group: The most direct way of improving credit would be to relax the tight capital adequacy requirements for banks....
...Amit Kara, UBS: Credit easing will be a evolutionary process. Neville Hill, Credit Suisse: Not really....
...Ruth Lea, Arbuthnot Banking group: I expect CPI inflation to be back to 2-3 per cent by the end of 2012....
...Ruth Lea, Arbuthnot Banking group: Productivity tends to be cyclical. As growth slows productivity growth slows as there is a lag between economic activity & labour market behaviour....
...Ruth Lea, Arbuthnot Banking group: There is a fair chance (50 per cent) that the eurozone will have been reconfigured by the end of 2012 – it SHOULD be....
...Amit Kara, UBS did not answer: Neville Hill, Credit Suisse: Keeping the labour market active is critical....
...Amit Kara, UBS: Back in 2008 fiscal spending was fashionable. That sentiment shifted and the UK policymakers responded quickly....
...Amit Kara, UBS: For us, the UK economy will stagnate next year especially if, as we expect, the eurozone shrinks under the weight of a fiscal squeeze and credit tightening....
...Ruth Lea, economic adviser, Arbuthnot Banking Group On some measures – eg price to earnings ratios – still expensive....
...Amit Kara, UBS Emerging economies will be important drivers for global growth but as far as the UK is concerned, it’s the euro area that is most important....
...Amit Kara, UBS Economic growth is likely to surprise on the upside in 2010 simply because the forces that drive a cyclical recovery likely dominate the structural headwinds....
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