26 November 2024 Reeves Might Have to Raise Taxes Again as Early as the Spring

Chancellor Rachel Reeves says she won't raise taxes again in this parliament, but economists say she might have to.

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26 November 2024 Retailers Slash Investment and Orders as Reeves' Raid Bites

Retailers are bracing for challenging times ahead, with sentiment among businesses falling at the fastest pace in two years, according to the Confederation of British Industry’s (CBI) latest quarte…

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22 November 2024 Pound Sterling Slides After Data Confirms Government Just Smacked the Economy

The UK economy is heading into recessionary territory after the UK's government's anti-business budget hits activity.

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20 November 2024 Household Energy Bills to Rise Again in January and April 2025

Updated UK inflation forecasts for 2025 have been hiked by Deutsche Bank as the government's job tax combines with rising gas prices.

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20 November 2024 Pound Sterling Jumps against Euro, Dollar on Signs Inflation is Rising Again

Pound Sterling jumped after the UK reported a broad-based inflation rise in October.

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15 November 2024 UK Job Market "Slowly Cracking" says Deutsche Bank

The UK job market is slowly cracking, warns a new analysis note from Deutsche Bank.

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15 November 2024 Starmer's Gloom Hits the Economy, Pound Sterling Reteats

The British Pound has retreated on the day the UK reported a sharp slowdown in growth.

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12 November 2024 UK Unemployment Rate Rose Ahead of Reeves' Job Tax

The UK's unemployment rate was already rising in the lead-up to Chancellor Rachel Reeves' jobs tax decision, which is expected to lead to an acceleration in the unemployment rate in the coming mont…

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30 October 2024 Government Will Borrow £40BN More This Year

The UK government looks set to borrow an additional £40BN than previously planned from capital markets this year, having changed the goalposts used to determine its fiscal rules.

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30 October 2024 Labour Delivers "Largest Rises in Tax Known in Modern Times"

Labour is putting the burden of this budget right onto businesses, with a £25bn rise in employer national insurance contributions.

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25 October 2024 Consumers "Despondent" Ahead of Budget

Consumer confidence fell one point this month to -21, according to the country's leading barometer of sentiment.

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24 October 2024 Pound Benefitting from Spending Binge Talk

The British Pound looks to be benefiting from reports that Chancellor Rachel Reeves is going to change the fiscal rules to allow her to borrow more.

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24 October 2024 "Historic Budget" of Spending Splurges and Tax Hikes: Deutsche Bank

The Labour government's proposed changes to the UK’s fiscal framework are poised to bring significant shifts to public spending, taxation, and government debt, according to new research.

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24 October 2024 Pound-Euro Shakes Off PMI Disappointment, Bailey's Words Offer Support

The Pound to Euro exchange rate slid back below the 1.20 level after data showed the UK economy cooled in October as anxiety mounts ahead of next week's budget.

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22 October 2024 No 'September Surge' for the UK's Professional Job Market Amidst Economic Uncertainty

The UK professional job market experienced a 5.62% decline in September, marking a stark contrast to what is typically one of the busiest months for recruitment.

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18 October 2024 Retail Sales Beat Helps Pound to 2-Year Best Against Euro

Pound Sterling rallies after UK retail sales jump.

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16 October 2024 Bank of England Could Cut Rates 50bp Before Year-end Following Inflation's Slump

The Bank of England could cut interest rates by 50 basis points in November after UK inflation plummeted in September says an analyst we follow, but not all agree.

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16 October 2024 Pound Drops After Core Inflation Sees Biggest Monthly Fall in 25 Years

UK inflation fell to 1.7% year-on-year in September, prompting a selloff in the British Pound.

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15 October 2024 Living Standards to Improve Further: NIESR

New wage and inflation forecasts from the NIESR reveal a continued improvement in living standards for workers.

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15 October 2024 Pound Sterling Firms Against Euro Following On-target Wage Data

Pound Sterling firmed against the Euro after the ONS reported on-target wage numbers and a decline in the UK unemployment rate.

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