04 December 2019 Services PMI Still Underestimating UK Growth Even after Upward Revision

The UK services industry fared less poorly than was initially feared, according to the IHS Markit final PMI survey released on Wednesday although economists say the influential baromter is still unโ€ฆ

Read more … →
03 December 2019 UK Construction Firms Struggled Again in November as Political Uncertainty Takes Toll

The UK construction industry remained mired in a downturn in November, according to the latest IHS Markit PMI survey, with uncertainty over the December election outcome leading to inertia in clienโ€ฆ

Read more … →
02 December 2019 Manufacturing Downturn Extends, but Tentative Improvements Noted

The IHS Markit Manufacturing PMI for November confirmed the slump being experienced by the sector extended, however the data came in on the stronger side of expectations.

Read more … →
29 November 2019 Businesses Confidence Rises to Highest Level Since January: Lloyds Business Barometer

A survey of UK businesses shows that confidence has reached its highest since the start of 2019, thanks to an improved assessment of the impact of Brexit on business prospects.

Read more … →
22 November 2019 UK Economy in Contractionary Territory Suggest Flash PMIs

The UK economy looked to have been in reverse gear in November, with the first ever set of flash PMIs from IHS Markit showing the dominant services sector contracted.

Read more … →
14 November 2019 Drop in Retail Sales Knocks UK Economic Outlook

The UK economic outlook received another knock Thursday after Office for National Statistics (ONS) figures revealed a surprise fall in retail sales for last month, further imperilling an already-beโ€ฆ

Read more … →
13 November 2019 UK Inflation Leaves Some Economists Eyeing a BoE Rate Cut in 2020, as Others Tip a Rate Hike

Inflation figures for the month of October highlighted benign consumer price pressures on Wednesday and led some economists to warn of an interest rate cut from the Bank of England (BoE) in the firโ€ฆ

Read more … →