Government borrowing appears to be declining overall according to data from the Office of National Statistics (ONS) who released government borrowing data on Friday which showed a fall of about 700 million compared to the same month in the previous year, and below what economists had forecast.
October 20,2017
A Friday lift to the Pound would come closely on the heels of a sluice of bad news for the UK economy, which has recently seen consumer spending fall and the outlook for consumer credit deteriorate further.
October 20,2017
Sterling is weaker after the release of Retail Sales statistics showed a massive decline in September sales, but a leading economist still thinks Bank of England (BOE) will hike rates.
October 19,2017
A "No Deal" Brexit is looking increasingly likely but with the Pound having already fallen sharply during October, and a possible rate hike from the Bank of England just weeks away, some strategists say much of the bad news is already priced into markets.
October 20,2017
Expectations for a Sterling-supportive reading from today's tranche of labour market data are low.
October 18,2017
A restless Bank of England warrants tweaks to Sterling forecasts but, before readers get too excited, this is about as good as things get for the Pound according to the world’s largest investment bank.
October 18,2017
Professor Silvana Tenreyro says she will be inclined to vote for a rate rise in near future but Governor Carney's measured tone disappoints Sterling-bulls who are hungry for hints on potential interest rate rises in 2018.
October 18,2017
Page 309 of 444