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…
Read more … →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…
Read more … →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 an…
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 UK’s economy saying a combination of interest rate rises, Brexit uncertainty and subdued consumer confidence will weigh.
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