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Leading indicators suggest job losses will soon drive unemployment higher and that it could climb faster than many forecasters expect, according to Pantheon Macroeconomics, meaning that a commonly-relented shortage of labour in the UK may now be about to dissipate as if it were a phantom.
November 25,2022
The UK economy shrunk in November according to the latest S&P Global PMI readings, however business expectations for the year ahead rebounded from a 30-month low.
November 23,2022
Eurozone PMIs confirmed the bloc's economy shrunk in November, however, the scale of the decline was less severe than markets were expecting.
November 23,2022
The market has not yet capitulated, current market downturn resembles 2002, S&P 500 could base at 3000.
November 24,2022
Own goals in HM Treasury's latest budget will add a percentage point to the inflation rate from April and force the taxpayer to cough up nearly an extra £5 billion of funds to cover the resulting increase in debt interest costs for the subsequent year even without any impact on Bank of England (BoE) interest rate policy.
November 22,2022
"Entrepreneurs are being penalised with the increase in taxes on both capital gains and dividends"
November 17,2022
"Hunt has cast aside Kwarteng's theory that you can cut taxes to increase revenue" - Quilter.
November 17,2022
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