American consumer spending rose from reduced levels in May but the recovery was weaker than economists had hoped for and incomes fell after so-called stimulus cheques shrank last month.
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The UK economy appears to have reached a nadir in June, according to flash PMI data released on Tuesday that came in well ahead of analyst expectations.
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The UK's debt at the end of May 2020 was 100.9% of gross domestic product (GDP), the first time that debt as a percentage of GDP has exceeded 100% since the financial year ending March 1963, says t…
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Retail sales grew 12.0% month-on-month in May reports the ONS, a strong recovery on the previous month's slump of -18% and ahead of consensus estimates for a figure of 5.7% to be announced.
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The UK's rate of inflation has fallen to its lowest level since 2016 thanks largely to the global slump in oil prices, but a recovery in oil and an exit from lockdown should mean that the economy s…
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The UK added 6K jobs in the three months to April according to the ONS, which was a surprising result for a market that was anticipating a fall in employment to the tune of 83K.
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Prime Minister Boris Johnson has confirmed today that the UK's cut-off date for a Brexit deal is the end of July.
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