The UK economy underperformed many forecasters' expectations already during the opening quarter but the outlook for it darkened further this week and may mean the Bank of England (BoE) is more apt to disappoint financial markets in the months ahead, according to Pantheon Macroeconomics.
May 25,2022
Under pressure UK retailers say they see easing inflationary pressures ahead, but sentiment and business investment intentions remain resolutely forlorn.
May 24,2022
Ongoing Eurozone economic expansion and growing cost pressures are likely to embolden European Central Bank policy makers to pursue higher rates.
May 24,2022
The Eurozone economy faces significant supply challenges, but demand in the U.S. economy will be squashed by a very active Federal Reserve to the extent that a recession is now likely in 2023.
May 20,2022
A cost of living crisis and fears of stagflation underpin a bearish consensus towards the UK economy and the Pound amongst economists and investors, but some warn it is too early to write off the UK economy.
May 19,2022
The UK economy is close to a recession, but this won't halt the Bank of England raising interest rates says Capital Economics.
May 16,2022
Rising energy bills stemming from the Russian invasion of Ukraine are fomenting a growing ‘cost of living crisis’ that is dominating the domestic conversation and with worse yet to come, the wisdom of great wartime leaders from the past could again become valuable in the near future.
May 13,2022
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