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Economy Shrank in November Shows Latest GDP Data, Paves Way to an Interest Rate Cut

UK economy

GDP data for November - out on Monday morning - showed that the UK economy contracted 0.3% that month. The ONS also reports that manufacturing production slumped 1.7%, much deeper than the 0.3% contraction that had been predicted by markets.

January 13,2020

"Unprecedented Rise in Business Sentiment" Hints at Economic Upturn in Early 2020

Busines generic

Business confidence has surged amongst the UK's CFOs following the December General Election result, according to the latest Deloitte CFO Survey.

January 10,2020

UK House Prices in Fastest Increase in 13 Years, More Gains seen in 2020

Houses for sale Halifax

Halifax data shows UK house prices posted their strongest monthly increase in nearly 13 years in December with a +1.7% month-on-month, taking the year-on-year increase to 4%.

January 8,2020

Election Result Nudges UK Business Confidence Higher: Services PMI

The UK services sector provided proof on Monday of some life being left in the economy at year-end when the IHS Markit PMI was revised higher for the December month, after output stablised following a decline in the prior month. 

January 6,2020

UK Manufacturing Desperately Seeks a Boris Bounce

UK manufacturing

The decisive message sent by the UK electorate in mid-December has yet to register in the economy, with the latest numbers out of the manufacturing sector showing production decreased at the sharpest pace in almost seven-and-a-half years.

January 2,2020

Eurozone Manufacturing Sector Remains 'Grim' at Start of 2020

manufacturing PMI

The latest set of manufacturing data out of the Eurozone confirms a poor end to a bad year for manufacturers on the continent.

January 2,2020

UK Inflation Beats Expectations but 2020 Bank of England Rate Cut Cannot Be Ruled Out

UK inflation figures for November beat market expectations on Wednesday but consumer price growth is still running below the Bank of England (BoE) target while recent economic and political developments have made a 2020 interest rate cut more likely. 

December 18,2019

More Articles …

  1. UK Jobs Data Leaves Economists Weighing Prospect of Bank of England Interest Rate Cut
  2. UK Economy Seen Flat-lining in Final Quarter as BoE Rate Cut Draws Closer
  3. UK Economy Stalls in October, Sees Weak Start to Final Quarter 
  4. House Price Rebound Tipped to Stall on Hung Parliament
  5. UK Economic Growth to "Far Exceed" that of European Union in 2020 if Conservatives Win Majority
  6. Services PMI Still Underestimating UK Growth Even after Upward Revision
  7. UK Construction Firms Struggled Again in November as Political Uncertainty Takes Toll
  8. Manufacturing Downturn Extends, but Tentative Improvements Noted

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