Most analysts explain plans to raise interest rates as a desire to tackle inflation by strengthening the Pound, however, Barenberg sees a deeper economic argument too.
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"We expect a November hike because of what the BoE has said, not what the data have done," Bank of America Merrill Lynch.
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The outlook for German industry is brightening, albeit at a slower than expected pace, while prospects for Eurozone economic development have deteriorated.
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UK manufacturing output has grown 3% since the referendum when it should have grown by around 11%, according to Bank of America, who observe that links between UK and European industrial sectors ar…
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Concerns over how long the City of London can weather Brexit uncertainty were raised today when one of the leading recruiters for the finance sector conformed a 13% drop in job availability year-on…
Read more … →The BoE's allusion to a possible rate rise is beginning to look like "policy error", according to one strategist, but if the bank rescinds its earlier guidance then bearish voices around Sterling w…
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Past cycles show the Bank of England (BOE) usually raises interest rates much more frequently than the market expects, according to research by Nomura, which could mean a stronger Pound going forwa…
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