The Bank of England has had a "crossing the rubicon" moment and will hike interest rates by a further 100 basis points before the year is done says NatWest Markets.

June 22,2023

By the end of 2023 more than a million households (4% of all UK households) will run out of savings as a result of higher UK interest rates according to research from the NIER.

June 22,2023

The current "shocking decline in the money supply" is being ignored by central bankers, and this could yet result in "financial collapse" warns Albert Edwards, Co-head of Global Strategy at Société Générale.

June 22,2023

Homeowners in the UK are facing increased financial strain as the interest rates on standard two-year fixed mortgage deals have surpassed 6% for the first time since December of last year.

June 22,2023

Pound Sterling was swamped with widespread losses as currency and interest rate markets responded to a further increase in one of the UK's most important measures of inflation barely more than a day out from the latest Bank of England (BoE) policy decision, leading to a wave of forecast changes among analysts and economists. 

June 22,2023

There was some good news contained in the tranche of inflation data released midweek: the price pressure pipeline is weakening as UK manufacturers see falling costs.

June 21,2023