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Economics

  • April GDP figures show scale of the challenge if Starmer wins the election

    June 12, 2024

    Philip Shaw, chief UK economist at Investec, said "April’s numbers represent a blip in the recovery story rather than the start of a new downturn".

  • Economy stagnant in April thanks to wet weather as recovery falters

    June 12, 2024

    Getting the economy firing again is a crucial election pledge for both Keir Starmer and Rishi Sunak.

  • FTSE 100 today: London markets eye UK GDP for direction; US Fed policy decision key

    June 12, 2024

    Asian markets hold steady despite Wall Street's record highs. Apple shares surge. All eyes on UK GDP, Fed rate decision, and US inflation.

  • China’s consumer inflation steady, factory prices dip in May

    June 12, 2024

    China's consumer inflation remained stable in May, while the decline in producer prices showed signs of easing.

  • How has Brexit impacted migration?

    June 11, 2024

    Its probably fair to assume that for most Brexit voters, 'taking back control' was not a vote to increase migration significantly.

  • Number of borrowers behind on mortgages jumps to eight-year high

    June 11, 2024

    Households are continuing to feel the strain from the Bank of England's interest rate hikes with the share of mortgages in arrears continuing to creep up.

  • Employment support needs to be a ‘top priority’ as long-term sickness hits new record

    June 11, 2024

    New figures out today showed that 9.4m people were economically inactive in the three months to April, up nearly 400,000 on last year, with long-term sickness a major contributor.

  • August interest rate cut not a ‘slam dunk’ after ambiguous labour market data

    June 11, 2024

    "The labour market is gradually easing," Rob Wood, chief UK economist Pantheon Macroeconomics said, but an August cut is "not a slam dunk".

  • Wage growth barely moves but unemployment creeps up as Bank of England considers rate cuts

    June 11, 2024

    The figures will be closely scrutinised as policymakers at the Bank of England consider when to cut interest rates.

  • What’s going on with Reform’s proposed overhaul of Bank of England reserves?

    June 11, 2024

    Tice said the policy would raise £35bn over the next five years, a figure which leading tax lawyer Dan Neidle described as "magic".

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