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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UK house prices are forecast to fall further with one economist saying a near-10% decline can be expected from here.
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One of the UK's largest high street lenders says the recent rise in UK core inflation in April represents a "game-changer" moment for UK interest rates and the broader economic outlook.
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UK retailers are shedding jobs at the fastest rate since the recession of 2009 in a sign slack is starting to build in labour force, however the Bank of England won't welcome findings price rises a…
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The Bank of England is expected to hike interest rates on a further three occasions according to market-based expectations following the release of inflation data that was stronger than analysts we…
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Sentiment among manufacturers deteriorated and output volumes fell moderately in the three months to May, according to the CBI's latest Industrial Trends Survey.
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Headline UK inflation has fallen back sharply when compared to a month ago, but the fall was not great enough to undershoot market expectations, leaving the Pound supported.
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UK Public Sector Net Borrowing experienced an unexpected rise in April, reaching £24.74 billion, up from £20.02 billion in March.
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Holger Schmieding, Chief Economist at Berenberg Bank, believes that UK consumers can anticipate a more favourable year ahead as inflation subsides and real wage growth turns positive.
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Rentola, a property rental site, has released recent data highlighting a 4.7% surge in rental prices within the private rental market across the United Kingdom (UK) over the past 12 months.
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The UK economy contracted in March as the services sector recorded a slump amidst wet weather and ongoing public sector strikes and it will only be in the third quarter that economists expect to se…
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The GfK Consumer Confidence Barometer posted a third consecutive monthly gain in April as it reached its highest level since February 2022.
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The Pound to Euro exchange rate could struggle to hold a small weekly advance after UK retail sales figures disappointed.
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The British Pound jumped against the Euro, Dollar and the majority of its peer currencies after a flush of stronger-than-expected UK inflaton figures that seal another interest rate hike at the Ban…
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The UK reported another strong set of labour market statistics that will maintain pressure on the Bank of England to raise interest rates again in May, however, signs of a slowdown are becoming inc…
Read more →Searingly hot wage data will keep pressure on the Bank of England to raise interest rates further, which could in turn ensure the British Pound remains supported.
Read more →Economists at UK high street bank Barclays are forecasting inflation figures that will beat market expectations when released on Wednesday, however, Lloyds Bank's economists are looking for a "shar…
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