23 June 2020 UK's Economy at a Turning Point after June PMI Data Shows "Vastly Improved Overall Picture"

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.

Read more … →
19 June 2020 UK's Ballooning Debt: Expect the Government's Thirst for Cash to Start Fading from Here

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 tโ€ฆ

Read more … →
19 June 2020 UK Retail Sales: Economic Rebound Might Have Started Earlier than Expected

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.

Read more … →
17 June 2020 UK Inflation Outlook: 0% Ahead

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 sโ€ฆ

Read more … →
16 June 2020 UK Records "Remarkably Small Rise" in Unemployment

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.

Read more … →
15 June 2020 Brexit Trade Negotiation Cut-off is end-July says Johnson

Prime Minister Boris Johnson has confirmed today that the UK's cut-off date for a Brexit deal is the end of July.

Read more … →
12 June 2020 Economic Slump is "the Biggest the UK has ever seen"

The first official data showing the economic impact of the covid-19 lockdown crisis has been released, and the numbers are worse than economists had been expecting.

Read more … →