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Economics

  • August interest rate cut on a knife edge after ‘nuanced’ Bank of England survey

    July 4, 2024

    "All told the DMP gave a nuanced signal this month," Rob Wood, chief UK economist at Pantheon Macroeconomics said.

  • Fall in housebuilding contributes to easing construction activity

    July 4, 2024

    The construction sector remained in expansion in June, a closely watched survey shows, although the rate of growth eased due to a slowdown in housebuilding.

  • Jagjit Chadha: Why investment is necessary to stop the economy from ‘withering’

    July 4, 2024

    Report after report has found that the UK invests too little as a share of national income, often lagging behind other rich economies.

  • FTSE 100 today: London markets to remain volatile amid election jitters

    July 4, 2024

    Asian markets reached 27-month highs, oil prices fell, and the US dollar held steady, with global focus now on the UK election.

  • Do elections matter for the economy?

    July 3, 2024

    "So much of what Britain has been through in the past 14 years is explained by a Conservative failure to face the future. Only Labour can turn the page," their manifesto says.

  • UK economy ‘not as bad as is often assumed’

    July 3, 2024

    Although the UK slipped into a shallow recession at the end of last year, the economy outperformed expectations in the first quarter of the year, growing 0.7 per cent. This made it the fastest growing economy in the G7.

  • Election uncertainty knocks activity in service sector

    July 3, 2024

    Despite the fall, June's final PMI was higher than the 51.2 recorded in the initial 'flash' estimate

  • FTSE 100 today: London markets to open higher on rate cut wagers

    July 3, 2024

    Asian stocks surged on rate cut expectations, with the yen near 38-year lows. Focus on Fed minutes, ISM services PMI, and UK elections.

  • China’s services sector growth dips to eight-month low: Caixin PMI

    July 3, 2024

    China's services sector grew slower than expected in June, marking its weakest pace in eight months, according to a private-sector survey.

  • Central banks keep markets guessing on path of interest rates

    July 2, 2024

    Investors looking for clear guidance on the path of interest rates received few firm commitments from top central bankers on Tuesday.

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