Orders placed with UK factories have risen to their highest level on record, while price expectations have also soared and point to ongoing inflationary pressures.
November 24,2021
A fervently anticipated Bank of England decision to begin lifting interest rates would be symbolic of success at steering the economy through the recent crisis, one of the BoE’s nine rate setters said this week as market speculation about a December lift-off continued.
November 23,2021
The latest set of government spending and borrowing data from the ONS was not as cheery as some economists had expected, largely because the cost of servicing debt is rising rapidly in line with surging inflation.
November 19,2021
UK small and medium-sized businesses have reported rising confidence levels, with new payment data showing transactions are above where they were ahead of the pandemic.
November 18,2021
Governor of the Bank of England Andrew Bailey said it remains vital that the Bank emphasises the significance of inflation in its policy decisions and all meetings are in-play for a rate hike.
November 15,2021
Despite coming in for some criticism, Bank of England Governor Andrew Bailey might be pleased with his recent work: he has pushed back expectations for a rate hike to February.
November 5,2021
UK business activity and business confidence remain above long-term averages, according to two new economic surveys, with one suggesting a post-pandemic spike in unemployment will be avoided.
November 1,2021
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