Salaries being offered to new starters in London's financial services industry are down sharply, raising hopes that a wage-lead inflation spiral is unlikely.
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Pound extends recovery against Euro & Dollar, UK consumer confidence at 18-month peak.
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Some economists say a widely monitored private sector survey is an indication that UK inflation could fall notably further by year-end, leading the Bank of England (BoE) to "pause" its interes…
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Economists say although the prospect of a second consecutive 50 basis point rate hike in August has greatly receded following softer-than-expected June inflation figures, an elevated services infla…
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Good news for households and businesses as UK inflation came in well below expectation in June, but for the British Pound the slowdown in price rises could spell weakness.
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Some economists are forecasting UK economic growth to pick up through the remainder of 2023, although others warn of a recession taking hold as higher interest rates begin to bite.
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The UK economy outperformed expectations for the month of May when an additional public holiday connected with the King's Coronation had less of a negative impact than many envisaged though was sti…
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Pound to Euro rate rises to 1.17 in the immediate aftermath of the UK labour market release while the Pound to Dollar exchange rate goes to a new 2023 best at 1.2899.
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A key Bank of England yardstick used to ascertain domestic inflationary pressures confirms UK wage inflation remains resolutely sticky, casting doubts on the Bank's ability to bring inflation back …
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According to the Lloyds Bank Business Barometer, businesses haven't been this chipper since last May as they report a 9ppt improvement in sentiment.
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The Great British public has "stepped up remarkably" in funding government borrowing shows a new analysis from Deutsche Bank.
Read more →Berenberg says UK to avoid a recession, Pantheon Macroeconomics says mortgage hit to be contained, but Capital Economics still reckons recession is likely.
Read more →The UK economy continued to slow in June according to a survey that also revealed significant inflationary pressures remain embedded in the economy.
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UK retail sales unexpectedly rose by 0.3% in May according to ONS data released ahead of the weekend.
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The Bank of England has had a "crossing the rubicon" moment and will hike interest rates by a further 100 basis points before the year is done says NatWest Markets.
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There was some good news contained in the tranche of inflation data released midweek: the price pressure pipeline is weakening as UK manufacturers see falling costs.
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Pound Sterling faces a key test in the form of the UK inflation release on Wednesday, June 21 as the figures will have a sizeable impact on the future of UK interest rate policy at the Bank of Engl…
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The British Pound's initial reaction was to go higher following the release of a UK labour report that roundly trounced analyst expectations and suggested the UK would continue to see elevated infl…
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Capital Economics has reviewed its mortgage forecasts and can reveal the hit to borrowers posed by a higher Bank of England base rate is likely to be "more severe" than initially anticipated with s…
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The consensus was too gloomy on the UK's economic prospects entering 2023, but one investment bank now accuses economists of being too benign on the prospects of a recession later in the year.
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