The UK's unemployment rate unexpectedly fell to 5.0% in January, down from 5.1% in December, suggesting businesses are increasingly optimistic on the economic outlook.
March 23,2021
Government borrowing in February was £19.1BN which is below the market consensus expectation for a more sizeable £21.4BN, suggesting the government is on course to undershoot borrowing forecasts set out in the March budget.
March 19,2021
City of London financial markets and Sterling exchange rates were little changed heading into the close on Thursday, indicating investors had priced-in the March monetary policy decision of the Bank of England (BoE) to perfection in a manner that might belie the nuances of economists' views on the subject.
March 19,2021
Economists at Deutsche Bank have raised their UK growth forecasts for 2021 and say the economy will be at 98% of its pre-pandemic size by year-end, allowing the Bank of England to begin the process of unwinding emergency support.
March 16,2021
The first official data detailing the UK's trade performance since leaving the EU has been released, and understandably economists will give it more attention than has been the case in previous years.
March 12,2021
The UK economy shrank by 2.9% in January, an outcome that was less severe than the -4.9% figure the market was expecting.
March 12,2021
The UK economy will be boosted by a sizeable pick up in consumer spending in 2021 as pent up savings are spent according to economists at Deutsche Bank, who say that the Bank of England might be underestimating the scale of the consumer-lead rebound.
March 11,2021
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