“Consumption has been the predominant driver of GDP growth recently; hence the path of average weekly earnings is important not just for inflation, but for growth too.” – Sebastien Cross at Bank of…
Read more … →“How long will sterling buoyancy last? Watch the tone of a Feb. 12 survey from the U.K. central bank on growth and inflation.” – Joe Manimbo at Western Union.
Read more … →The British pound is strong in the mid-week session after it was reported a third of UK service sector companies reported a rise in new work in January.
Read more … →With less than 100 days to go until the 2015 General Election the UK’s Chancellor can rely on the economy to provide support.
Read more … →The pound sterling complex was sold at the start of the new month despite consensus-beating UK factory data being released.
Read more … →The Bank of England (BoE) has today indicated that the flow of money into the UK economy grew by 0.1% in December.
Read more … →The UK currency has been boosted by a fresh report that confirms the economy’s retail component continues to put in a solid performance.
Read more … →