The UK achieved a record quarterly trade surplus in late 2019 but the Office for National Statistics (ONS) suggests it's just a mirage because an increase in precious metals movements disguised what was otherwise a dire period for manufacturers and industrial firms. 

February 11,2020

House prices UK

UK house prices rose 4.1% in the year to January 2020 according to Halifax, a result that eclipses the market's expectation for growth of 3.0% and suggests the pickup in activity that was first recorded following the December General Election continues.

February 7,2020

The UK services sector offered up further signs of a January economic rebound Wednesday when the IHS Markit PMI was revised to its highest level since September 2018 although the path ahead is littered with risks that could easily snuff out any tentative recovery. 

February 5,2020

The UK construction industry showed signs of life in January, according to the latest IHS Markit PMI survey, although the nascent ebbing of a protracted downturn might not last for long because the prospect of an 'Australia deal' Brexit is now set to haunt the sector throughout the year ahead. 

February 4,2020

The Bank of England (BoE) said Thursday that risks to its outlook for the economy are "broadly balanced" after downgrading forecasts for growth in the wake of what was expected to be a knife-edge decision on whether to cut Bank Rate or leave it unchanged.

January 30,2020

Bank of England

Economists give their predictions on whether or not the Bank of England will cut interest rates on Thursday, but all acknowledge the outcome is ultimately too close to call with any sense of real conviction.

January 30,2020

UK trade boost

51% of UK businesses believe geopolitical tensions, including Brexit, will have a positive effect on their business in 2020, according to new research released today by trade finance provider Stenn.

January 28,2020

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