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UK Economy Seen at Stall Speed Again in First-quarter after Services PMI Shock

  • Written by James Skinner

The UK economy is likely to have stalled in the first quarter if Wednesday's IHS Markit services PMI is anything to go by, according to Capital Economics, as the sharp slowdown observed in the UK's largest economic sector means GDP growth will also have suffered.

Read more: UK Economy Seen at Stall Speed Again in First-quarter after Services PMI Shock

March Manufacturing Surge Provides More Evidence of Economic Pick-up in the First-quarter 

  • Written by James Skinner

The UK manufacturing sector rebounded from its winter lull in March after activity surged ahead of the UK's pending departure from the EU, leading economists to suggest the sector could make a larger contribution to first-quarter GDP growth than previously thought.

Read more: March Manufacturing Surge Provides More Evidence of Economic Pick-up in the First-quarter 

Chances of a 'No Deal' Brexit Have Actually Risen Following May's Overture to Corbyn

  • Written by Gary Howes

Brexit

Analysts at Berenberg Bank have this morning taken another look at potential Brexit outcomes following news that Prime Minister Theresa May has reached out to opposition leader Jeremy Corbyn to try and establish a Brexit deal that can secure the support of the House of Commons.

Read more: Chances of a 'No Deal' Brexit Have Actually Risen Following May's Overture to Corbyn

UK Economy Seen Gaining Momentum in First-quarter after ONS Revision to 2018 Number

  • Written by Joaquin Monfort

The UK economy slowed in the final quarter of last year but growth during 2018 as a whole was faster than previously thought, according to data released on Friday by the Office for National Statistics, and economists are forecasting a pick-up for the current quarter too.

Read more: UK Economy Seen Gaining Momentum in First-quarter after ONS Revision to 2018 Number

Construction Industry to Stagnate in First-quarter but Brexit Resolution would Spark Recovery says UK's No.1 Forecaster

  • Written by James Skinner

The UK construction industry is likely to have stagnated during the first quarter, Pantheon Macroeconomics says, after the latest IHS Markit PMI showed activity among commercial bulilders and civil engineering firms stalling in March. 

Read more: Construction Industry to Stagnate in First-quarter but Brexit Resolution would Spark Recovery says...

Bank of England Interest Rate Outlook: Everything You Need to Know from the Latest Policy Update

  • Written by James Skinner

Sterling stabilised on Thursday after the Bank of England (BoE) reiterated its commitment to raising its interest rate over the coming quarters, in stark contrast to the stance of other developed world central banks, but the outlook is hinged mostly on the outcome of the Brexit saga. 

Read more: Bank of England Interest Rate Outlook: Everything You Need to Know from the Latest Policy Update