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economics

  • UK unemployment falls unexpectedly as wage growth slows to two-year low

    August 13, 2024

    UK unemployment unexpectedly fell in the three months to June while a slowdown in wage growth to its lowest level in more than two years added to signs that the jobs market is cooling.

  • UK economic data dump set to bolster case against September rate cut

    August 12, 2024

    A slew of official UK economic data this week is poised to bolster the case for policymakers at the Bank of England not to cut interest rates next month, with inflation forecast to rise for the first time this year.

  • Week ahead: Rate cut may offer optimism for housebuilding sector

    August 4, 2024

    In a rather quiet week ahead, London markets are expecting updates from financial services firm Legal & General (L&G), housebuilder Persimmon, and real estate investment trust (REIT) Derwent London.

  • Bank of England’s Pill: Inflation still needs to be ‘squeezed out’ of the UK

    August 2, 2024

    Despite returning to the two per cent target, inflation still needs to be "squeezed out" of the UK economy, Bank of England chief economist Huw Pill said today.

  • Make no mistake, tax rises are on the way

    July 23, 2024

    Evidence is piling up that Chancellor Rachel Reeves will almost certainly be forced to raise taxes this autumn, Chris Dorrell writes

  • Lenders expect further rise in mortgage defaults in coming months

    July 11, 2024

    UK lenders are expecting a further jump in default rates on home loans in the coming months, according to a Bank of England survey, as mortgage holders face higher refinancing costs.

  • 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.

  • Will it work? Securonomics

    June 6, 2024

    Rachel Reeves has promised growth, but not to increase borrowing or impose new taxes. Can securonomics work? Sam Fowles investigates.

  • Economic performance under Labour and Conservative governments: a reckoning

    May 29, 2024

    Voter apathy over the upcoming election is rational – history suggests the economic outcome will be broadly the same regardless of whether Labour or the Conservatives form the next government, says Paul Ormerod The election campaign has kicked off and already the air is thick with promises and counter-promises. Despite all the efforts of politicians [...]

  • Industrial Revolution: ‘History of Britain needs rewriting’ following new research

    April 14, 2024

    The industrial revolution. Think railways, factories and mills, the rapid intrusion of 'dark Satanic mills' on England's previously 'green and pleasant lands'.

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