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Andrew Verity
BBC economics correspondent. Should mean I'm corresponding with everyone: get in touch. Views mine: facts, everyone's.
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Andrew Verity Jul 21
Leading the business section right now:
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Andrew Verity Jul 21
Lloyds under fire over HBOS fraud compensation - BBC News
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Andrew Verity Jul 21
Net debt up to 87.4% of GDP. Remember when it was supposed to be coming down by the end of 2015? And deficit now widening again.
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Andrew Verity retweeted
BBC Stories Jul 17
'Donald Trump is deporting our parents'
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Andrew Verity Jul 20
I'm still recovering from this shock from the IFS. Kids in poverty when 1 parent (mostly dad) works but earns little more than 20 years ago:
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Andrew Verity Jul 19
Replying to @AdamGashead
Good point
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Andrew Verity Jul 19
You can make sure you don't lose from the pension age by taking the Beegees' advice: stay alive!
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Andrew Verity Jul 19
2/2 Obvs the flipside is that those who have to work longer (aged 40-46) will get £74bn less in state pension than they otherwise would have
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Andrew Verity Jul 19
1/2 Work and pensions secretary David Gauke says the govt will save £74bn in yrs to 2046 by asking many now aged 40-46 to work a yr longer
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Andrew Verity Jul 19
Hundreds of thousands of people born from 1971 to 1977 will have to work a year longer before drawing pension - to age 68, govt's announced.
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Andrew Verity Jul 19
Median earnings for men with dependent children have risen just 0.3% pa since 1994 (compared with 2.2% for working mothers) - IFS
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Andrew Verity Jul 19
Growth in pay for fathers has been much weaker than for mothers - leading to growth in poverty among one-earner families (IFS)
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Andrew Verity Jul 19
Based on OBR projections and planned cuts to in-work benefits, the IFS expects to see a rise in children in absolute poverty.
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Andrew Verity Jul 19
Absolute poverty has hardly dropped over 10 yrs and is lowest among pensioners (14%) and highest among children (27%) - IFS
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Andrew Verity Jul 19
Real median earnings in London dropped 10.2% from 2007 to 2016. That reduced inequality cos benefits were rising with inflation (IFS)
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Andrew Verity retweeted
ResolutionFoundation Jul 18
House prices continue to contribute to the living standards squeeze by outpacing average earnings across the UK
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Andrew Verity retweeted
simon read Jul 18
Pushes aside trout and stout lunch and gazes dolefully at glass of water
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Andrew Verity Jul 18
You'll suffer a big rise in costs if you eat fish (up 12.6%) or drink beer (up 7.7%). But mineral water got cheaper (down 2.1% - hooray!)
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Mark Dampier Jul 18
Replying to @andyverity
Forecasters wrong (again!)
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Andrew Verity Jul 18
Inflation has dipped to 2.6% in June (from previous 2.9% for May) on official CPI measure
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