We explore the importance of the Bank Rate, or base rate, as a tool for the Bank of England to control inflation. This base rate is just part of the Bank of England's role in maintaining monetary stability and overseeing the UK's financial functions.
As delegates from around the world gather in Glasgow for the COP26 climate change conference, GAD looks at what is set to be debated and what the conclusions could mean for our clients.
The benefits of small data thinking in a big data world is examined in this latest blog. The process of verifying data has been central to analytical modelling for decades, but does this approach apply to big data?
Raising finance is important in allowing a business to function. In particular, working capital enables the day-to-day operations of the business. The need for this finance was the main focus for all businesses during the pandemic, especially for the smaller ones.
We look at the challenges and benefits of algorithms used by government on a daily basis. They are used in decision-making processes and these decisions can have an impact on our lives. In this blog we examine how the pandemic has given the government the impetus to test the art of the possible.
In this blog we focus on how actuaries are examining issues and upcoming problems associated with biodiversity loss. GAD actuary Georgi Bedenham looks at the role of actuaries and how they can help.
This blog looks at how inflation was affected over the pandemic and the outcome of a consultation to reform the UK’s longest standing measure of inflation, the Retail Price Index.
Spotlight on apprentices - in this blog we find out the experiences of our apprentices, including current apprentices and those who have moved into a role.
In GAD, modelling is a core part of our work. We use it to ‘chart plausible futures.’ In this guest blog, Michael Hodge, the Head of Automation and Technology at the Office for Statistics Regulation talks about using the Code of Practice for Statistics to develop a new socio-technical guidance for modelling.
This month we consider why negative interest rates might be chosen and what might happen as a result. In looking at the lowdown, we also examine the impact of negative interest rates and what these mean for consumers and for the banking industry.
After the end of 2021, the LIBOR rate, which used to price many financial instruments, will cease to be published. This blog looks at SONIA, the UK replacement, and the transition from LIBOR to SONIA.