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Economics

  • Retail sales blow past expectations in sign UK economy is on the turn

    June 21, 2024

    UK retail sales rebounded last month, according to fresh data, after a rainy April saw a slump in high street spending.

  • Consumer confidence rises again in June as economic outlook improves

    June 21, 2024

    Consumer confidence picked up again in June, a new survey shows, in a sign that the improving economic outlook is slowly feeding through into household budgets.

  • FTSE 100 today: Blue-chip index set to break five-week losing streak

    June 21, 2024

    Asian markets declined alongside Wall Street, while gold aimed for a second weekly gain. All eyes are on global PMI data and UK retail sales.

  • The big unknown that will decide the August interest rate decision

    June 20, 2024

    An August interest rate cut depends on the data. (When does it not...) But there is another big unknown.

  • Bank of England holds rates but August cut still on the table

    June 20, 2024

    The Bank of England has voted to leave interest rates on hold for a seventh consecutive meeting.

  • Focus on health to cut ballooning welfare bill, new report argues

    June 20, 2024

    The next government should focus on addressing underlying health conditions rather than embarking on a benefits "clampdown", a new report has argued.

  • FTSE 100 today: Blue-chip index set for higher open; potential BOE dovish surprise could spark a rally

    June 20, 2024

    Asian stocks paused after a brief rally, while gold climbed to a one-week high. All eyes are now on the Bank of England's policy decision.

  • UK house prices rise for second straight month in sign of economic recovery

    June 19, 2024

    UK house prices rose for their second consecutive month in April, latest official figures show, amid hopes for a rebound in the housing market as the economy improves.

  • August interest rate cut in doubt despite inflation falling to target

    June 19, 2024

    Inflation dropped to two per cent, prompting champagne corks to go flying in CCHQ. But MPC members might be a bit slower to crack out the fizz.

  • Inflation drops to two per cent ahead of Bank of England interest rate decision

    June 19, 2024

    Even though inflation has returned to near the two per cent target, the Bank of England is very unlikely to cut interest rates tomorrow.

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