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