The UK's most authoritative survey of consumer confidence continues to show an ongoing improvement, led by firming household finances and expectations for the economy.
Read more … →
The UK will head to the polls on July 4th. This election has been expected for some time, so it is no wonder that UK asset prices have been remarkably stable on the back of this news.
Read more … →
Economists at JP Morgan expect the Bank of England to cut interest rates in August, but details in the April inflation print warn of growing risks that a 2024 rate cut might not happen at all.
Read more … →
The odds of a June interest rate cut at the Bank of England have fallen to just 15% from above 50% in the days before Wednesday's UK inflation release.
Read more … →
According to a much-watched survey, UK manufacturers reported that output volumes rose in the three months to May, for the first time since November 2022.
Read more … →
The Bank of England, City economists and 'the market' are far too optimistic in their expectations for a sharp fall in UK inflation to be reported by the ONS on Wednesday.
Read more … →
Wednesday's inflation print merely has to print in line with the Bank of England's forecast to trigger an interest rate cut.
Read more … →