The British Pound has received a boost after the latest UK inflation print exceeded expectations.
Read more →
The British Pound dipped against the Euro and Dollar after the unemployment rate in the UK rose to 4.2% in February from 3.9%, which was higher than the 4.0% expected by the market.
Read more →
The British Pound was broadly supported after the ONS said the UK economy grew in February and revised higher its initial estimate for January's growth.
Read more →
The British Retail Consortium's monthly measure of retail sales hit an eight-month high in March, which points to an ongoing revival of the UK retail sector, according to economists.
Read more →
Relief for consumers as the disinflation process continues, but the BRC warns looming challenges posed by government policy could arrest the process.
Read more →
New analysis shows that CPI inflation will fall below 1.0% and remain below the Bank of England's 2.0% target through 2025, raising the risk of deflation in the UK.
Read more →
Economists at Pantheon Macroeconomics estimate house prices will see a firm appreciation in both 2024 and 2025 as confidence returns to the market, but elevated mortgage costs will stop runaway gai…
Read more →UK economic activity is shifting up a gear, which, when combined with sticky inflation, means the Bank of England won't cut rates before mid-year.
Read more →
Business confidence remains high, but hiring intentions have eased as the April increase in the minimum wage comes into sharper focus, particularly for the UK's smaller companies.
Read more →
Consumers’ optimism about their own finances going forward has hit a two-year high.
Read more →
UK retail sales were flat in February, but this was better than expected and underscores a trend of improvement that means the UK economy has exited recession.
Read more →
The British Pound is under pressure despite an above-consensus retail sales report.
Read more →
The British Pound will find support from news that March saw the UK economy record another solid upturn and rising inflationary pressures.
Read more →
The British Pound proved remarkably resilient after UK inflation figures undershot expectations, putting the Bank of England on course to cut interest rates in the summer.
Read more →Consumer inflation expectations in the UK have fallen below their long-run average, in a sign the Bank of England is winning the fight against elevated inflation.
Read more →
UK economic output has been recovering since October, according to a new study from Pantheon Macroeconomics, and all signals point to a strong first quarter outturn for the UK economy.
Read more →
Current fiscal rules lack credibility, impose scant debt discipline, and allow governments to game the system. Oxford Economics proposes three solutions that would help cut government debt, boost g…
Read more →
The UK economy returned to growth in January, according to monthly GDP data, which can help the British Pound stabilise from its recent slide against the Euro and Dollar.
Read more →
UK wage and employment data undershot market expectations, boosting the odds of a June rate cut at the Bank of England and resulting in a broadly weaker British Pound.
Read more →
The British Pound was softer on the day a much-watched survey of the UK job market confirmed an ongoing trend of cooling wage increases just a day ahead of the official ONS wage data release.
Read more →