15 November 2021 Bank of England says December Rate Hike "In Play"

Governor of the Bank of England Andrew Bailey said it remains vital that the Bank emphasises the significance of inflation in its policy decisions and all meetings are in-play for a rate hike.

Read more … →
05 November 2021 Markets see +100% Probability of February Bank of England Rate Hike

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.

Read more … →
01 November 2021 60% of UK Businesses to Welcome Back all Furloughed Staff: Survey

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 … →
21 October 2021 Lack of Workers to Contribute to a Year of Elevated Cost Pressures: Survey

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

Read more … →
21 October 2021 Government Borrowing: Sunak Still Undershooting Forecasts, but it's Going to Get Tougher says Economist

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 โ€ฆ

Read more … →
19 October 2021 Bank of England Interest Rate Outlook: What UK Households Need to Know

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, โ€ฆ

Read more … →
13 October 2021 UK GDP Jump Likely to Prove Short-lived: Economists

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 … →