“In the second quarter, government assistance payments in the form of loans to businesses and grants to state and local governments increased, while social benefits to households, such as the direct economic impact payments, declined.”
July 29,2021
UK consumers continue to sit on elevated levels of savings, confounding economist expectations that unlocking the economy would result in a spending boom.
July 29,2021
The Bank of England's August 06 policy decision will be an important one for Pound Sterling and financial markets as it will likely provide a template on how it intends to whittle down its balance sheet and raise interest rates once more.
July 29,2021
A much-watched measure of UK house prices showed prices fell in July and economists say the recent surge in prices might finally be peaking, although industry professionals and economists don't expect material price declines on the horizon.
July 28,2021
The UK is set to witness "a strong rebound in business investment" according to Oxford Economics who tell clients growth will soon reach double figures.
July 23,2021
The UK economy is still growing at a health clip, but that rate of growth has slowed more sharply than investors had expected according to new data.
July 23,2021
UK retail sales data for June beat the market's expectations, however a combination of headwinds suggest such strong readings will unlikely be repeated in coming months.
July 23,2021
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