Manufacturing firms reported that both their total and export order books had strengthened to multi-decade highs in June, according to the CBI’s latest Industrial Trends Survey. Read more: UK Manufacturing Booming, CBI Industrial Trends Survey Hits Highest Level Since 1988
Bank of England Chief Economist Andy Haldane sent ripples across financial markets on Wednesday, June 22 having stated that a “partial withdrawal of the additional policy insurance the MPC put in place last year would be prudent relatively soon”.
Read more: A November Interest Rate Rise at Bank of England just Became more Likely
The British Pound was buoyed by the release of stronger-than-forecast inflation data on June 13, next up on the docket are employment and wage earnings data.
Read more: Employment and Wage Data Paint Mixed Picture for UK's Economic Outlook
A huge inflation-themed headache lies ahead for policy-makers at the European Central Bank (ECB) who are likely to preside over Eurozone inflation falling well below their 2% target over coming months.
Read more: Trouble Brews for ECB as their Inflation Forecasts Could Prove too Optimistic
Whatever the end result in Thursday’s general election the economy won’t change, only the personnel running the country.
Read more: Looking Beyond the Election UK Confidence is Fading
UK Retail Sales, out this morning will show the state of high street spending and provide and insight into the UK economy
Read more: Better Days Ahead for UK Retail Sales, May's Data Could Represent the Low
The Financial Spreads election spread-betting markets estimate the Conservatives will win 366 - 370 seats.
Read more: Spread-Betting Markets Show Conservatives to win 360 to 380 Seats
