The UK's  largest economic sector was left treading water in August amid heightened uncertainty over the outcome of the Brexit process, the latest IHS Markit Services PMI showed Wednesday, delivering a further blow an economy that was already under threat from a possible 'technical recession' that some forecasters still say will be avoided.

September 4,2019

The outlook for the economy in the third quarter darkened on Tuesday if the IHS Markit construction and manufacturing industry PMI surveys are to be believed, with output from both sectors having fallen in line with the increase in 'no deal' Brexit risk, although some still see growth rebounding during the three months to the end of September.

September 3,2019

The UK manufacturing sector saw its fourth consecutive month of contraction in August, according to IHS Markit, as the U.S.-China trade war and the ongoing Brexit saga both took their toll on industrial firms midway through what is a make-or-break quarter for the economy. 

September 2,2019

UK government borrowing fell less than was expected by the market during July, leading overall borrowing for the current financial year to rise by a touch and drawing a line under the previous financial year, which had seen the government's need for cash fall to its lowest level in nearly two decades.

August 21,2019

The UK manufacturing sector saw output stabilise in August after a multi-month period of declines that saw it subtract notably from economic growth, which was negative in the second-quarter, reinforcing forecasts from some economists that growth should rebound in the current quarter. 

August 22,2019

“We prefer to have hard assets or things that are linked to hard assets. Gold is one of the best performing hard assets this year. And invest in countries where real rates of inflation are still high like some emerging markets, like Russia, Mexico or Brazil” -  Alberto Gallo, Algebris Investments.

August 15,2019