UK Economy

Halifax has reported a 1.5% month-on-month decline in UK house prices, lowering the 2022 increase in house prices to 2.0%.

UK CPI inflation came in below analyst estimates when released mid-week, resulting in a softer Pound Sterling.

Signs emerging the labour market is developing some slack will mean the end of the cycle is now in sight.

UK economic growth data came in stronger than analysts were expecting when released on Monday, offering the Pound some sideline support at the start of what promises to be a pivotal week.

Inflation expectations are back at nine-year highs according to a Bank of England survey, maintaining pressure on the central bank to pursue higher interest rates.

New data shows UK house prices are falling and economists say this is just the start.

UK business confidence plumbed new lows in November and more firms intend to hike prices says Lloyds Bank.

Bank of England statistics reveal an increase in the amount of money saved by earners, while credit lending is below longer-term averages and mortgage approvals are falling in response to higher interest rates.

The UK economy shrunk in November according to the latest S&P Global PMI readings, however business expectations for the year ahead rebounded from a 30-month low.

UK government borrowing figures came in well below expectations on Tuesday, and this will further aid sentiment towards the British Pound say analysts.

GBP fell following some hotter-than-expected UK inflation data that suggested the Bank of England could not yet afford to quit its interest rate hiking cycle.

GBP was higher following reports UK wages came in stronger-than-expected in the UK's latest set of labour market statistics, but there are clear signs the market is cooling as the unemployment rate rose.

The British Pound held its Thursday gains against the Dollar, Euro and other major currencies following the release of UK GDP data on Friday that showed the UK economy shrunk 0.6% in September.

The fall in UK house prices has just begun, according to a new analysis.

Strong labour and wage data out of the UK suggests the Bank of England has little choice but to continue raising interest rates in order to stem demand and ultimately lower inflation.

The cost of the government's headline Energy Price Guarantee could become costless should wholesale gas prices keep falling, shows a new analysis from a well-known high-street bank.

The deficit remains sizeable thanks to the increased cost of energy imports, particularly gas.

The UK government's spending plans and financial market response are both well known by now but there is an important reality that may be going overlooked at HM Treasury and which could jeopardise more than just Downing Street's economic growth targets for the years ahead.

The UK government's energy price cap is the single most expensive outlay of Liz Truss' new administration, but its cost could come in a lot lower than markets had been anticipating as wholesale gas prices fall.

The UK government appeared to exacerbate losses for markets in London on Friday following a budget-like announcement from Chancellor Kwasi Kwarteng that has drawn much comment from economists, analysts and others.