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
Growth in UK manufacturing sector slows but continues to ‘recover solidly’ July 1, 2024 This helped to offset continued weakness from overseas markets, with inflows of new work from abroad falling for the 29th month in a row.
UK ‘can’t afford not to’ go green in bid for growth, CBI chief to say July 1, 2024 The UK’s growth could be put at risk if politicians try to “separate the economy from net zero”, a top business lobby group boss is set to warn.
UK economy ‘turning a corner’ as global growth slows, says KPMG July 1, 2024 Falling inflation and and an uptick in consumer confidence will help the UK economy to a better than expected growth over the next two years as global growth is set to slow, according to a report published today.
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.
Week ahead: Fed to hold rates – but is a September cut on the cards? June 9, 2024 Any shift to a single cut, as suggested by Atlanta Fed President Raphael Bostic in April, could boost the dollar sharply.
Interest rate cuts edge closer after ‘very encouraging’ inflation news June 5, 2024 Following today’s release, Rob Wood, chief UK economist at Pantheon Macroeconomics, said April’s worryingly high inflation figures were a “flash in the pan”.
‘Brand Britain’ needs a refresh under the next government, says top business body June 4, 2024 A new government must prune the UK’s sprawling business tax system and refresh “Brand Britain” if the country is to boost investment and restore its status as a global hub for commerce, the country’s top business body has said.