The IHS Markit Services PMI showed activity in the UK's largest economic sector cooling during the month of July as a series of adverse events slowed the pace of activity among companies and deterred new order growth.  

August 3,2018

The IHS Markit UK Construction PMI surprised on the upside for July on Thursday, appearing to confirm that a recovery is underway in one of the UK's most beleaguered economic sectors, although the data was overlooked by financial markets as an imminent interest rate announcement from the Bank of England keeps traders on the sidelines for the time being. 

August 2,2018

UK households spent more than their income in 2017 for the first time in three decades as consumer borrowing hit a ten year high, according to Office for National Statistics data, which appears to support arguments that interest rate rises from the Bank of England could be necessary to prevent an unsustainable build up of debt. 

July 27,2018

The UK could enjoy a pickup in growth over coming years even as developed economies elsewhere in the world slow, according to economists at Berenberg Bank, who argued Wednesday that conditions are ripe for a rebound in household spending and that this will support the UK economy going forward. 

July 25,2018

UK manufacturers saw a sharp increase in activity during recent months as an increase in domestic demand more than offset a slowdown in acitivity on the international stage, according to Confederation of British Industry (CBI) data, although new order numbers suggest a slower pace of growth is in the cards toward year-end. 

July 24,2018

Tough choices await HM Treasury over coming years, according to the Office for Budget Responsibility (OBR), as mounting pressures on the public purse will require either steep cuts to government spending or a rethink of tax policy. 

July 18,2018