The latest UK labour market data suggest the UK is all but likely to avoid a major increase in unemployment following the ending of the government's furlough scheme in September, paving the way for a Bank of England interest rate hike.
October 12,2021
All the market really wanted to know was whether he falls into the 'hawkish' or 'dovish' camp on the Bank's Monetary Policy Committee (MPC).
October 7,2021
Increases in fuel and food prices mean people will have to choose between eating and heating in the coming months and this will likely be worse for households with children, says the Food Foundation.
October 1,2021
The UK currenct account deficit stood at £8.6BN in the second quarter of 2021, far smaller than the -£15.6BN the consensus was looking for and smaller than the -£12.8BN recorded in the first quarter.
September 30,2021
UK Economic growth for the second quarter of 2021 was revised higher by the ONS, meaning the economy is closer to where it was pre-pandemic than originally expected.
September 30,2021
UK consumers appear reluctant to throw off the caution accumulated after months of crisis conditions, opting to save the proceeds of their labour and investments.
September 29,2021
Surging bond yields and falling markets are telling us that investors are fearful that rising inflation will become enduring and that central banks will inevitably have to raise interest rates.
September 29,2021
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