11 February 2020 UK Scores Record Quarterly Trade Surplus But It's Just a Mirage, Economists Say

The UK achieved a record quarterly trade surplus in late 2019 but the Office for National Statistics (ONS) suggests it's just a mirage because an increase in precious metals movements disguised wha…

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07 February 2020 Halifax House Price Report has "Blown Market Expectations out of the Water"

UK house prices rose 4.1% in the year to January 2020 according to Halifax, a result that eclipses the market's expectation for growth of 3.0% and suggests the pickup in activity that was first rec…

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05 February 2020 UK Services Sector Offers More Signs of January Economic Rebound

The UK services sector offered up further signs of a January economic rebound Wednesday when the IHS Markit PMI was revised to its highest level since September 2018 although the path ahead is litt…

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04 February 2020 Construction Sector Stirs in January but Brexit Uncertainty to Haunt Firms 

The UK construction industry showed signs of life in January, according to the latest IHS Markit PMI survey, although the nascent ebbing of a protracted downturn might not last for long because the…

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30 January 2020 The Bank of England Says Risks to Outlook "Broadly Balanced," after Forecast Downgrades

The Bank of England (BoE) said Thursday that risks to its outlook for the economy are "broadly balanced" after downgrading forecasts for growth in the wake of what was expected to be a knife-edge d…

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30 January 2020 Bank of England Meeting: Economist Predictions

Economists give their predictions on whether or not the Bank of England will cut interest rates on Thursday, but all acknowledge the outcome is ultimately too close to call with any sense of real c…

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28 January 2020 50% of UK firms believe Brexit will Boost business

51% of UK businesses believe geopolitical tensions, including Brexit, will have a positive effect on their business in 2020, according to new research released today by trade finance provider Stenn…

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