UK Economy - Results from #400

14 June 2022 Pound Sterling Remains Vulnerable to Market Turmoil and Slowing Labour Market Recovery

The British Pound has settled against the Euro and Dollar having registered sharp losses over the course of the past 24 hours, aided by a stabilisation in under-pressure global equity markets and f…

24 May 2022 UK Retailers see Light at the End of the Inflationary Tunnel: CBI Survey

Under pressure UK retailers say they see easing inflationary pressures ahead, but sentiment and business investment intentions remain resolutely forlorn.

24 May 2022 Pound Slumps after PMIs Signal Drastic Economic Slowdown in May

Pound Sterling sunk like a stone following the release of PMI data that suggests the UK economy was close to contracting in May and conditions are deteriorating faster than was the case during the …

20 May 2022 Pound Sterling Higher after UK Retail Sales Surprise

The British Pound turned higher following another better than expected economic data release.

19 May 2022 Too Early to Bury the UK Economy, Recession is Not Inevitable

A cost of living crisis and fears of stagflation underpin a bearish consensus towards the UK economy and the Pound amongst economists and investors, but some warn it is too early to write off the U…

17 May 2022 Pound Sterling: Wage & Employment Surprises Trigger Gains against Euro and Dollar

The British Pound rose against the Euro and Dollar following the release of UK labour market statistics that revealed a strong jump in wages and a stronger than expected fall in unemployment.

12 May 2022 UK Economy Shrinks in March, Confirming Sterling's Troubled Outlook

The Pound to Euro exchange rate's decline extended on the day the Office for National Statistics announced the UK economy shrank in March.

11 May 2022 Savouri: The Bank of England Got it Wrong

"To put it politely, the closer we look into the report, the greater our disappointment with the MPC."

26 April 2022 More Losses for the British Pound as Recession Risks Burn Brighter says Deutsche Bank

The British Pound was left floundering against the Euro and Dollar amidst souring global investor sentiment and increasing fears the UK economy could suffer a recession.

25 April 2022 Consumer Confidence Crisis Spells Economic Gloom

Consumer confidence readings out of the UK are signalling a notable economic slowdown ahead and one economist says investors should be prepared for a "bad outcome" that could even include a recessi…

22 April 2022 Pound Sterling Battered by Euro, Dollar on Triple Hit of Poor Economic Data

A slew of negative data readings has sent the British Pound sharply lower against the Euro and Dollar.

30 June 2021 Door Open to a Stronger than Expected Economic Rebound

Data shows UK households to have saved more money than economists had expected in the first three months of 2021, suggesting the post-lockdown recovery could eclipse existing economic growth foreca…

19 May 2021 Pound Sterling Loses Value in Wake of Inflation Data Vindicating Bank of England Expectations

UK inflation rose by a greater margin than analysts had been expecting, but the rise was by no means surprising enough to warrant a major reconsideration of how the Bank of England might shift its …

18 May 2021 Pound-Dollar Ticks Higher on Stronger than Expected Rise in Employment

The Pound caught a bid on Tuesday in the wake of better than expected labour market statistics, confirming our suspicions that the currency was likely to become increasingly responsive to data rele…

12 February 2021 Test & Trace Splurge Helps Rescue UK Economy in December, GDP Records Worst Annual Dip in History

The UK economy suffered its sharpest annual decline on record in 2020 the ONS has confirmed, but a pickup in spending to fight the covid-19 health emergency means the country is set to avoid a doub…

10 February 2021 High Inflation Could Ruin 2021 for Investors: Oxford Economics

Inflation is back on the radar for investors who worry that the response by governments and central banks to the covid-19 crisis is storing up higher prices in coming months and years.