UK GDP showed no growth month-on-month in June, following 0.4% growth in May, with quarterly growth of 0.6%. The monthly result reflects a modest fall in services output,...
The fall in service inflation is ‘very encouraging’ for the Bank of England (BoE) and could signal another interest rate cut next month, a financial expert...
This morning’s UK inflation data showed an unsurprising uptick in headline inflation in June, with CPI rising to 2.2% YoY, back above the BoE’s 2% target,...
On Friday, the British pound stabilised, after a rebound in Thursday, but remained close to its one-month low against the dollar. This slight recovery followed a...
The Financial Conduct Authority is to relocate jobs from London to Leeds. (Credit – Getty Images) The Financial Conduct Authority (FCA) has revealed plans to relocate...
Meanwhile, a survey showed that domestic services companies reported an influx of new orders and the biggest rise in employment for over a year during July...
The Old Lady of Threadneedle Street has clearly seen enough in recent data to reassure policymakers that the underlying disinflationary trend within the UK economy remains...
The August Bank of England decision is, perhaps, one of the toughest MPC decisions to forecast, with a high degree of conviction, in recent memory. Having...
Research from Newspage found that historically, pay growth has been a reliable indicator for services inflation. Wage growth estimates for the months ahead suggest services inflation...
Two months have elapsed without a word from Bank of England Governor Andrew Bailey, leaving financial markets and the public in a state of uncertainty. The...
This morning’s UK inflation figures will likely be of some concern to policymakers on the MPC, with continued signs of inflation remaining sticky within the UK...
The Office for National Statistics (ONS) data shows that inflation is unchanged and remains at 2%. Financial markets and some economists were expecting inflation to fall...