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...
Year-on-year inflation in the OECD as measured by the Consumer Price Index (CPI) increased slightly in May 2024, to 5.9% from 5.7% in April. Year-on-year inflation...
The British pound is edging slightly lower after yesterday’s rebound, particularly against the US dollar, due to a stronger uptick in US bond yields. Despite today’s...
The Prime Minister has declared that the Tories have reached the 2% target for inflation for the first time in three years. Rishi Sunak has said...
Despite the positive news that inflation has reached the 2% target the Bank of England is set to keep interest rates at 5.25%. In May the...
Taylor Swift’s record-breaking Eras Tour is significantly boosting consumer spending as it reaches the U.K., potentially complicating the Bank of England’s efforts to control inflation, CNBC...
London businesses registered another rise in output midway through the second quarter of 2024, albeit with the rate of growth losing some momentum. The headline NatWest...
With the General Election a matter of weeks away, the focus is firmly on the UK economy. The latest CBI economic forecast points to encouraging signs...
Last month growth in the UK’s services sector slowed as inflation fell to the lowest in three years. According to the S&P Global UK services PMI...
The price of gold remained relatively stable this Thursday, May 30, 2024, fluctuating between $2340 and $2350 per ounce. This behavior reflects the caution of investors...
According to the JCI, employees were expecting an average pay increase of 3.8% in the twelve months from May, below the 4.6% employers were planning to...