Germany's economic engine continues to misfire with data out Friday revealing another contraction in the manufacturing sector, setting up the prospect of a rare three-quarter-long recession.
Read more … →A key Bank of England yardstick used to ascertain domestic inflationary pressures confirms UK wage inflation remains resolutely sticky, casting doubts on the Bank's ability to bring inflation back โฆ
Read more … →According to the Lloyds Bank Business Barometer, businesses haven't been this chipper since last May as they report a 9ppt improvement in sentiment.
Read more … →The Great British public has "stepped up remarkably" in funding government borrowing shows a new analysis from Deutsche Bank.
Read more … →Berenberg says UK to avoid a recession, Pantheon Macroeconomics says mortgage hit to be contained, but Capital Economics still reckons recession is likely.
Read more … →The Bank of England pushed back against market expectations that showed it was expected to cut interest rates from 2024, warning inflation would prove too persistent in nature to facilitate lower rโฆ
Read more … →Bank of England (BoE) Governor Andrew Bailey indicated on Thursday that Bank Rate may already have risen as far as it's likely to as a result of the recent increase in workforce pay and the reboundโฆ
Read more … →