Sanctions will create a deep recession and financial crisis in Russia on par with the break-up of the Soviet Union in 1991.
March 2,2022
UK economic growth forecasts are being revised lower and inflation forecasts raised as economists gauge the impact of Russia's invasion of Ukraine and subsequent international sanctions.
February 28,2022
Expat Russians living in the UK have been notable buyers of physical gold says a major gold investment firm.
February 24,2022
"As the cold season recedes, the danger that Europe could run out of gas in the near term if Russia were to turn off the tap is declining... the EU is not running out of gas" Berenberg.
February 23,2022
"Ramsden eased back slightly on his recent hawkish stance," says a note from TD Securities' global strategy team. "He favours a 25bps hike in March rather than 50bps."
February 22,2022
A squeeze on home owners from rising interest rates will become apparent by the second half of 2023 says NatWest Markets, and this will prompt the Bank of England to rein in rate hikes.
February 22,2022
The UK printed a budget surplus of £2.9BN in January 2022 aided by a surge in tax revenues with central government receipts totalling £91.6BN in January 2022, £8.6BN more than in January 2021.
February 22,2022
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