Bank of England night

Despite coming in for some criticism, Bank of England Governor Andrew Bailey might be pleased with his recent work: he has pushed back expectations for a rate hike to February.

November 5,2021

UK economy

UK business activity and business confidence remain above long-term averages, according to two new economic surveys, with one suggesting a post-pandemic spike in unemployment will be avoided.

November 1,2021

Hiring

Staffing issues were the third most significant driver of cost pressures, cited by 46% of all firms.

October 21,2021

Sunak

The UK borrowed more than economists expected in September as the government added to its growing debt pile, however borrowing for the current financial year is still far below the levels forecast by the Office for Budget Responsibility.

October 21,2021

Bank of England rate hike expectations

The Bank of England (BoE) Bank Rate remains at a historic low but the outlook for it has changed and there is now every chance it could begin to rise toward more typical levels in the near future, although the reasons for why and likely timing of any such change are widely misunderstood as well as sometimes misreported.

October 19,2021

UK economy

UK GDP grew 0.4% month-on-month in August 2021 as the economy began to expand again following a 0.1% decline in July, however some economists warn growth has almost certainly flatlined since then.

October 13,2021

UK wages can continue to rise

Once base effects are stripped out of the latest UK earnings data strong underlying wage growth trends can be revealed, and they will accelerate says the NIESR.

October 12,2021

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