Are house prices going to fall? Is this the end of buy-to-let? What’s going on in the housing market? April 7, 2024 The UK property market confounded expectations last year, only falling by two per cent. With rate cults looking likely, will it rally again?
Why lower interest rates might not offer much support to the UK economy April 6, 2024 Although the UK fell into a recession in the second half of last year, most economists are confident that growth will return this year.
FTSE 100 today: London stocks brace for muted trading amid risk-averse sentiment; all eyes on US jobs data for guidance April 5, 2024 Wall Street's sharp decline led to a ripple effect, with Asian stocks following suit. Meanwhile, oil prices surged amid escalating Middle East tensions, while gold pulled back. All eyes now turn to the US jobs report and U.K. housing prices for further market direction.
UK post-Brexit trade in ‘clear shift’ as India ties show ‘little growth’ and China declines April 4, 2024 "The recent trend of friend-shoring, decoupling and de-risking supply chain channels has reduced the opportunities for the UK to expand its trade reach," Stephen Hunsaker, author of the UKICE Trade Tracker said.
Bank of England survey: Wage growth expectations ease in boost for interest rate cut hopes April 4, 2024 Persistent wage growth has been a major concern for the Bank as it considers when to start lowering interest rates.
UK services sector continues to grow driving fears of ‘sticky’ inflation April 4, 2024 Firms in the service sector noted that economic conditions were slowly improving, but flagged household incomes remained constrained due to higher interest rates.
UK economy ahead of rivals as prospects for 2024 look rosy April 4, 2024 The UK economy has made a stronger start to the year than advanced economies around the globe, according to a closely watched survey.
FTSE 100 today: London markets set to open higher following Asian peers’ lead April 4, 2024 Japan’s Nikkei led an Asian market rally. Oil and gold prices soared. Federal Reserve Chair Jerome Powell reiterated a cautious stance on rate cuts, while investor focus shifts to upcoming Fed speeches and U.S. jobs data.
Buy-to-let repossessions jump 56 per cent as higher interest rates bite April 3, 2024 The buy-to-let market has been hammered by higher interest rates with lending plummeting and arrears rising, according to new data released by UK Finance.
Why economists might be underestimating the UK economy April 3, 2024 French argues that "household balance sheets have never been healthier," a point which he argues the consensus is underestimating.