Main menu For students For teachers Explore our subjects Student events & courses

Explore

More for students
Sign in

Teaching Economics

Blog

Twin Peaks for the UK Economy

Geoff Riley

19th October 2014

Share this content:

Newnight's Economics Editor Duncan Weldon looks at prospects for the UK economy.

How well the economy is doing depends on where you look. Unemployment is falling but real wages for people in work are stagnant or falling.

And the productivity gap between the UK and the rest of the world is widening once more. Newly-released data shows that output per hour in the UK was 17 percentage points below the average for the rest of the major G7 industrialised economies in 2013, the widest productivity gap since 1992.

Share this content:

Geoff Riley

Geoff Riley FRSA has been teaching Economics for nearly forty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD and Revision conferences in the UK and overseas.

@tutor2uGeoff

You might also like

2026 A-Level Economics: The UK Economy Numbers That Matter Most

20th April 2026

Macro Case Study: UK debt

Topical case studies

Navigating the 2026 Stagflation Trap - How Resilient is the UK Economy?

29th March 2026

The £2.8 Trillion Question: Understanding the UK’s National Debt

14th March 2026

Surging Oil Prices and the Risk of Stagflation for the UK

14th March 2026

Britain’s Youth Brain Drain Explained I UK Economy News

30th December 2025

2025 Budget Breakdown | Fiscal Policy & Tax Rises I UK Economy

27th November 2025

A Big Drop in UK Net Migration I Economics in the News

27th November 2025