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The UK is often said to have one of the tightest labour markets in the world and recent Office for National Statistics figures have appeared to confirm it but the portfolio strategy research team at Goldman Sachs says this has implications for corporate profits and share prices in London and far beyond.
February 24,2023
The Bank of England must continue hiking interest rates and avoid a pivot as UK financial conditions have eased warns Catherine Mann.
February 23,2023
But the end of favourable tax incentives and a looming corporation tax rise means a recent recovery could prove fleeting.
February 23,2023
The UK unexpectedly recorded a budget surplus in January, as markets had been expecting another deficit to be recorded on the national accounts.
February 21,2023
The UK economic outlook has improved significantly owing to the recent fall in wholesale gas prices, which analysts say will ease the pressures bearing down on households from July onwards.
February 20,2023
The Bank of England (BoE) would risk going too far if it continues to lift Bank Rate as fast as it has in recent months, its chief economist Huw Pill has said, suggesting that he too could favour a return to more conventional sized increases, if any, as a response to lingering inflation risks up ahead.
February 17,2023
Retail sales unexpectedly rose in January as UK consumers continue to spend, with one analyst saying the economic picture is "looking a lot less grim".
February 17,2023
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