consumer exchange rates 1

The UK economy will be boosted by a sizeable pick up in consumer spending in 2021 as pent up savings are spent according to economists at Deutsche Bank, who say that the Bank of England might be underestimating the scale of the consumer-lead rebound.

March 11,2021

barnier trade negotiations latest

Half of UK businesses indicate that they experienced supply chain disruption, according to the March release of the lloyds Bank Business Barometer.

March 11,2021

Investors

The Dollar's recent rally has come to a shuddering halt as the rise in U.S. bond yields reverses, with analysts saying renewed demand by Japanese investors could be a crucial driver of the development.

March 9,2021

Sunak tax hikes

The UK Treasury said in its 2021 budget it would raise corporation taxes for the first time in 40 years in 2023 as it seeks to boost government revenues in order to shore up its finances following the huge expenditure on cushioning the blow of the covid-19 lockdowns.

March 4,2021

German exports to the UK slump

German exports to the UK fell by 30% in January compared to a year ago owing to Brexit changes according to Destatis, the official German statistics authority.

March 2,2021

Bond yield rise to slow

Rupert Thompson, Chief Investment Officer at Kingswood says he expects UK government bond yields to continue rising, but rises from here will be "considerably slower".

March 2,2021

Businesses need support not tax raids

The self-employed "badly need support" not a "crippling" tax raid says organisation representing independent professionals and the self-employed.

March 2,2021

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