UK retail sales data for June beat the market's expectations, however a combination of headwinds suggest such strong readings will unlikely be repeated in coming months.
Read more … →
Broadbent says wage-driven inflation should ultimately prove temporary, but his studies and emerging data do now pose a level of uncertainty.
Read more … →
The European Central Bank’s new inflation-targeting strategy could lead to an even more protracted period of quantitative easing (QE) than has previously been anticipated by economists and is simil…
Read more … →
Chief Economist of the Bank of England Andy Haldane has warned the UK economy is starting to overheat and unless quantitative easing is withdrawn soon uncomfortably high levels of inflation will be…
Read more … →
The Lloyds Bank Business Barometer confirms business confidence remained robust and job prospects rose further in June.
Read more … →Data shows UK households to have saved more money than economists had expected in the first three months of 2021, suggesting the post-lockdown recovery could eclipse existing economic growth foreca…
Read more … →
The UK's current account deficit shrank in the first quarter of 2021, a development that is fundamentally supportive of Sterling exchange rates on a long-term basis.
Read more … →