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All the economics you need. Welcome to EconomicsUK, the personal website of David Smith, Economics Editor of The Sunday Times, London.

The site, independent of the newspaper, aims to provide knowledge and stimulate debate on economics, for business people, students,economists and others. As well as my own articles and observations, it also includes material by other people and organisations, which is always welcome. Enjoy the site, and please take part in our forum.

• US and UK labour markets - a contrast in flexibility
• Insolvencies rise, company failures fall
• QE held at £200 billion, Bank rate at 0.5%
• Car sales strong; Halifax up 0.6%
• Service sector weaker, jobs growth up

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