UK economy fails to bounce back

The UK economy grew 1.8% in May according to the Office for National Statistics, which is a negative surprise for a market that was expecting growth of 5.5% to be reported.

July 14,2020

Eating out

The UK economy could be about to enter a period of deflation, according to analysis from independent economics research and consultancy firm Capital Economics.

July 13,2020

Reaction to economic update

Economists and financial analysts are reacting to the Government's Summer Economic Update, saying that while the targeted nature of today's interventions in the economy will be welcomed not enough new spending has been announced to trigger a v-shaped recovery.

July 8,2020

Zombie companes

The rush to inject money into the economy by central banks and governments will have prevented thousands of companies in the UK and globally from going bankrupt, but the support packages risk propping up so-called zombie companies that will ultimately blunt the economic recovery.

July 8,2020

Uncertainty about the length of the path back to the pre-coronavirus economy is tempering the outlook for the housing market, which suffered a fourth consecutive price decline last month even though values continued to rise over the year to June, according to the latest Halifax House Price Index.  

July 7,2020

UK economy recovery coronavirus

Economists are warning that covid-shy UK consumers could look be inclined to save more of their money over coming weeks and months, potentially jeopardising the UK's economic recovery.

July 7,2020

Table of growth forecasts

Growth forecasts for the EU and Eurozone have been cut further by the European Commission, who have said the region's exit from lockdowns had been slower than anticipated in the second quarter.

July 7,2020

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