A key Bank of England yardstick used to ascertain domestic inflationary pressures confirms UK wage inflation remains resolutely sticky, casting doubts on the Bank's ability to bring inflation back to 2.0% in the medium term.
July 6,2023
According to the Lloyds Bank Business Barometer, businesses haven't been this chipper since last May as they report a 9ppt improvement in sentiment.
June 30,2023
The Great British public has "stepped up remarkably" in funding government borrowing shows a new analysis from Deutsche Bank.
June 30,2023
Berenberg says UK to avoid a recession, Pantheon Macroeconomics says mortgage hit to be contained, but Capital Economics still reckons recession is likely.
June 29,2023
The Bank of England pushed back against market expectations that showed it was expected to cut interest rates from 2024, warning inflation would prove too persistent in nature to facilitate lower rates.
June 29,2023
Bank of England (BoE) Governor Andrew Bailey indicated on Thursday that Bank Rate may already have risen as far as it's likely to as a result of the recent increase in workforce pay and the rebound in core inflation in remarks that were suggestive of risk to market expectations of a further large increase in the months ahead.
July 3,2023
The UK economy continued to slow in June according to a survey that also revealed significant inflationary pressures remain embedded in the economy.
June 23,2023
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