The dramatic plunge in sterling and UK gilt prices following Kwarteng’s unsupported tax cuts announcement drew many to radical conclusions.
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UK inflation could be around five percent higher than otherwise from April 2023 if the latest Chancellor's plan to means-test access to the government's Energy Price Guarantee goes ahead, according…
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The Bank of England will not have to raise interest rates as high as previously feared following the recent interventions by the UK's new finance minister.
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The UK economy shrank notably during August in an outcome that leaves GDP on course for a quarterly fall that would come sooner than many forecasters had anticipated and which could challenge the c…
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The Bank of England's (BoE) plan to curtail its emergency intervention in the government bond market at the end of this week could deepen a pending recession and impair the credibility of UK instit…
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The UK economy contracted at its fastest pace since April in a poorer-than-expected August performance that took economists by surprise and which indicates that growth will likely be negative for t…
Read more … →Strong labour and wage data out of the UK suggests the Bank of England has little choice but to continue raising interest rates in order to stem demand and ultimately lower inflation.
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