UK Economy - Results from #80

25 February 2025 Investment Intentions at 2019 Lows at UK's Battered Retailers

UK retailers are scaling back investment plans at the fastest rate since May 2019 as sales struggles persist and business sentiment worsens, according to the latest Confederation of British Industr…

21 February 2025 Job Cuts Deepen as Demand Weakens Shows UK PMI Report

The UK economy remained stagnant in February, as weak demand and rising costs led to the sharpest private sector job cuts since November 2020, a survey showed on Wednesday.

21 February 2025 Pound Sterling Rallies Against Euro and Dollar on Retail Sales, Borrowing Surprises

The British Pound rose against the Euro and Dollar after UK retail sales easily beat expectations and the government recorded a rare financial surplus in January.

19 February 2025 Inflation to Breach 4.0% Warn Economists

Inflation is marching higher, say economists, citing strong wage growth and impending tax hikes for businesses.

19 February 2025 Inflation Runs Hotter than Expected

Pound Sterling's outlook against the Euro is bolstered by the release of an above-consensus UK inflation reading that limits the scope for further Bank of England rate cuts.

18 February 2025 Festive Jobs Blowout Sends Pound Sterling Higher

A strong set of employment figures took pressure off the Bank of England to cut interest rates next month, boosting the British Pound in the process.

13 February 2025 Pound Sterling Jumps against Euro & Dollar on GDP Relief

The British Pound moved higher against the Euro, Dollar and other major currencies after UK GDP data for the final quarter of 2024 beat expectations.

06 February 2025 The Bank of England's Eye-watering Inflation Forecast Hike

The Bank of England (BoE) has raised its inflation forecasts for the year ahead, warning that consumer prices will climb more sharply than previously expected due to rising global energy costs and …

31 January 2025 UK House Prices Forecast to Grow Faster Than Many Expect

Despite recent signs of moderation, experts predict UK house prices could grow faster than many anticipate in the coming months.

24 January 2025 Pound Sterling Relief as PMIs Beat Expectations

The British Pound extended gains against the Dollar and closed a deficit against the Euro after survey data showed the UK economy outperformed expectations in January.

24 January 2025 Consumer Confidence Drops as Economic Anxieties Grow

Consumer confidence dropped in January amidst growing anxiety about the UK economic outlook.

23 January 2025 Record-breaking Demand for UK Debt

Strong demand for UK sovereign debt will help the Chancellor sleep easier.

21 January 2025 Falling Employment Sees Bank of England Sharpen the Knives

Rising unemployment and expectations for wage growth to have peaked will allow the Bank of England to cut interest rates in February and perhaps on three further occasions.

20 January 2025 Reeves Needs to Find £15BN: Nomura

The rise in borrowing costs means Chancellor Rachel Reeves is on course to find an additional £15BN to maintain her fiscal 'headspace'.

17 January 2025 Stinking Retail Sales Report Sees Pound Sterling Add to Losses against Euro and Dollar

The British Pound fell against the Euro, Dollar and other currencies after the ONS revealed a shock decline in retail sales for December.

16 January 2025 UK Private Sector Effectively in Recession

The UK private sector, then the engine of the UK economy, has stagnated and could be in the throes of recession.

16 January 2025 Pound Sterling Drops Against Euro and Dollar After GDP Confirms "Stagflation Looms Large"

The UK economy is entering a period of low growth and high inflation, also known as stagflation.

15 January 2025 Inflation Relief to be Short-lived

UK inflation undershot expectations in December, but it will pick up again as businesses pass the cost of tax hikes to customers.

15 January 2025 Yields Down, Pound Sterling Up on Inflation Relief

The British Pound reached a new multi-week low against the Euro and softened against the U.S. Dollar after UK inflation undershot expectations.

10 January 2025 Promise of Spending Cuts Help Gilts Recover

Bond yields have settled amidst indications Chancellor Rachel Reeves is ready to cut spending.