12 October 2021 NIESR says UK Wage Growth Pressures Can Accelerate Further

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 … →
12 October 2021 Strong Jobs Report Keep Alive Rate Hike Expectations

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 … →
07 October 2021 Bank of England's Pill Steers a Path Towards Rate Hikes

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).

Read more … →
01 October 2021 "Fuel or Food" Crisis Looms: Food Foundation

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 Foundatio…

Read more … →
30 September 2021 Export Boost Leaves UK Current Account Deficit Far Smaller than Expected

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 quarte…

Read more … →
30 September 2021 Big Upgrade to UK GDP Growth for Q2

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.

Read more … →
29 September 2021 Bank of England Credit Data Tells of Nervous Consumers and a "Flatlining" Economy

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.

Read more … →