Concerns over how long the City of London can weather Brexit uncertainty were raised today when one of the leading recruiters for the finance sector conformed a 13% drop in job availability year-on-year.
October 16,2017
The BoE's allusion to a possible rate rise is beginning to look like "policy error", according to one strategist, but if the bank rescinds its earlier guidance then bearish voices around Sterling will be amplified and losses magnified.
October 13,2017
Past cycles show the Bank of England (BOE) usually raises interest rates much more frequently than the market expects, according to research by Nomura, which could mean a stronger Pound going forward.
October 13,2017
Banks are becoming more discerning on consumer credit after rise in default rates. Mortgage supply and demand is stable while costs have come down. Credit demand from businesses has dipped after an unexplained rise in loan costs.
October 12,2017
Both manufacturing and construction industries showed signs of life in August while recent data has shown wages and consumer spending more resilient than first thought
October 10,2017
Beyond the third quarter, the broader trend in trade is more positive and the prospect remains that it could still add meaningfully to growth over the coming quarters.
October 10,2017
A "No Deal" WTO Brexit would mean the Pound-to-Dollar rate falls to 1.10 and the economy enters recession, contracting by 1%.
October 9,2017
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