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No, the UK is not Heading for Emerging Market Status

  • Written by Joshua Roberts, Associate Director at JCRA

UK not heading for emerging market status

 

Joshua Roberts at JCRA - an independent financial risk advisor - puts the recent decline in Pound Sterling and the UK's heightened political uncertainty into context saying comparing the UK with emerging market economies is misjudged, damaging, and discourteous.

Read more: No, the UK is not Heading for Emerging Market Status

9-Month High for UK Services PMI

  • Written by Gary Howes

Services PMI

The latest UK services PMI came in stronger than analyst expectations thanks largely to a pick-up in new orders from overseas.

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UK Shoppers Rescued Economy from Contraction in Second-quarter, Economists Say 

  • Written by James Skinner

Retail sales figures for the month of June took the financial markets by surprise Thursday when revealing a sharp increase in spending on the high street, giving number-crunchers in the City reasons for cheer as most had feared that the economy contraced in the second-quarter. 

Read more: UK Shoppers Rescued Economy from Contraction in Second-quarter, Economists Say 

Why China's Economy is Doing Better than the Official Data Suggests

  • Written by Joaquin Monfort

Chinese economic data likely not as bad as expected

Recent data showed the Chinese economy grew by a slower 6.2% rate in Q2, the slowest rate of growth since 1992, yet the data may not be reflecting an accurate picture of the true state of the economy, says Leland Miller, the CEO of China’s Beige Book.

Read more: Why China's Economy is Doing Better than the Official Data Suggests