Banks are becoming more discerning on consumer credit after rise in default rates. Mortgage supply and demand is stable while costs have come down. Credit demand from businesses has dipped after anโฆ
Read more … →Both manufacturing and construction industries showed signs of life in August while recent data has shown wages and consumer spending more resilient than first thought
Read more … →Beyond the third quarter, the broader trend in trade is more positive and the prospect remains that it could still add meaningfully to growth over the coming quarters.
Read more … →A "No Deal" WTO Brexit would mean the Pound-to-Dollar rate falls to 1.10 and the economy enters recession, contracting by 1%.
Read more … →Analysts at Bank of America Merrill Lynch have cut their forecasts for the UKโs economy saying a combination of interest rate rises, Brexit uncertainty and subdued consumer confidence will weigh.
Read more … →โWe slightly favour EUR/USD climbing back to the 1.1820 area over the next 24 hours,โ - ING Group
Read more … →The cost being placed on employers in a labour-intensive construction industry show why populist political ideology threatens jobs.
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