The UK consumer hasn't been this confident in 20 months according to the latest GfK consumer confidence survey which surprisingly improved by 5 points to read at -21 in September.
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Retail sales data showed volumes are estimated to have risen by 0.4% in August 2023, partially recovering from a fall of 1.1% in a weather-impacted July, but this was still below the analyst foreca…
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Can inflation continue to fall, in line with the Bank's own forecasts, and therefore ultimately justify growing expectations that the Bank is about to end the hiking cycle?
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The British Pound fell against the Euro and Dollar following the release of inflation figures that notably undershot expectations and signalled the pressure on the Bank of England to raise interest…
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The British Pound was under pressure in midweek trade following the release of data that showed an unexpectedly sharp decline in economic growth in July.
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The British Pound moved higher against the Euro and Dollar after UK wage data came in stronger than expected, although signs of rising unemployment means the Bank of England might be able to pause …
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The demand for labour at UK businesses has fallen sharply in a signal the labour market is cooling, which should allow the Bank of England to press the pause button on its interest rates hiking cam…
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Inflation expectations at UK businesses have turned meaningfully lower according to a regular survey conducted by the Bank of England and the University of Nottingham.
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The Bank of England's inflation problem is not going to fade as fast as it hopes according to new data that reveals the UK labour market remains strong and consistent with churning out inflation le…
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A major revision to the UK's GDP statistics reveals the country is no longer a laggard when compared to its major rivals with the economy now firmly above pre-pandemic levels.
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Business confidence rallied to an eighteen-month high in August, led by a rebound in economic optimism, according to the Lloyds Business Barometer.
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Pound Sterling exchange rates fell widely in midweek trade after respondents to S&P Global surveys cited high interest rates and other headwinds for an August softening of business conditions i…
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Pound Sterling climbed against the Dollar, Euro and a selection of other currencies on Tuesday after Office for National Statistics (ONS) figures painted a less bleak picture of the public finances…
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Pound Sterling eased from recent highs against the Euro, Dollar and other currencies in the final session of the week after retail sales were reported to have fallen further than expected in July w…
Read more →Pound Sterling edged higher against many counterparts after Office for National Statistics (ONS) data indicated continued record growth in wage packets during June but also confirmed what appear to…
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Official measures of supply and demand suggest an economy growing faster than many expected including the Bank of England (BoE), leading to forecast upgrades in some parts this week and incre…
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A business investment boom might be underway in the UK as businesses utilise their considerable cash balances amidst an improved political landscape and despite rising interest rates.
Read more →The UK economy was firmly back in growth territory in June according to the latest GDP figures from the ONS which also revealed a solid uptick in quarterly and annual growth.
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One of the UK's largest recruiters reports a sizeable increase in job vacancies being advertised by the government.
Read more →The Bank of England can be increasingly confident the impact of previous interest rate hikes are having an impact as British businesses reported in July that their expectations for inflation had fa…
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