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By: Jake Cordell

I'm City A.M.'s economics reporter, looking at the news, stories and data that move markets in the UK, Europe and around the globe. I also cover broader developments in the business and political worlds at home and abroad.

All 1029 Articles
  • Five things to look out for from Bank of England’s Super Thursday

    May 12, 2016

    It's the fourth instalment of the Bank of England's Super Thursday today, and traders, wonks and campaigners are pumped for some fireworks from the Old Lady at lunchtime today. At 12pm, the Bank will unveil not only the latest decision of the rate-setting monetary policy committee (MPC), but the minutes from that meeting and its [...]

  • Super Thursday 3 – Brexit

    May 12, 2016

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  • Super Thursday 2 – Inflation report

    May 12, 2016

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  • The monetary policy committee is a master of policy inaction

    May 12, 2016

    Today’s number to remember is 86. That is how many monthly monetary policy committee (MPC) meetings will have passed without a change in interest rates, assuming one does not happen today. Of course, I could be wrong in expecting no change from the MPC – along with every other economist on the planet. When there [...]

  • Shadow MPC: City economists agree with Bank of England’s “wait and see” approach

    May 12, 2016

    The Bank of England is set to slash its growth forecasts and ramp up its warnings on Brexit later today, in the latest installment of economic ‘Super Thursday’. The Bank will publish its quarterly Inflation Report – the market-moving dossier of Threadneedle Street’s latest thinking on the state of the UK economy, along with the [...]

  • EU referendum: Osborne attacks leave campaigners for failing to provide post-Brexit facts

    May 11, 2016

    George Osborne has defended the Treasury’s calculations on the impact of leaving the European Union and attacked leave campaigners for trotting out misinformation about the benefits of Brexit. "Every credible international institution has supported the claims we’ve made,” Osborne told MPs on the Treasury Select Committee this afternoon, as he confirmed he will be dishing [...]

  • Fresh GDP estimates show economy hasn’t stopped slowing yet

    May 11, 2016

    Growth in the UK economy slowed even further in April, according to the latest GDP estimate from the National Institute of Economic and Social Research (Niesr), published this afternoon. The think tank estimates that the economy grew by just 0.3 per cent in the three months to April – a slowdown from 0.4 per cent in [...]

  • EU referendum: EU businesses say Brexit will hurt them – but they want a tough stance in any post-Brexit trade negotiations

    May 11, 2016

    Business across Europe want the UK and the EU to agree a trade deal in the event of Brexit — but they think negotiators should take a hard line and impose strict duties and tariff barriers to make the UK pay the price for leaving. Two-thirds of listed companies in Germany, France, Italy and Spain said [...]

  • EU referendum: Boris Johnson wants the UK to back Brexit to stop funding Spanish bullfighting … but we already have

    May 11, 2016

    Boris Johnson wants the money he says Britain would save from leaving the European Union to help fund the NHS, rather than going towards Spanish bullfighting. The Uxbridge MP and former Mayor of London made the claim on BBC Breakfast this morning, as he said a slice of Britain's £8.5bn net contribution to the EU was being pumped into the [...]

  • UK production industry falls into recession as manufacturing continues to disappoint

    May 11, 2016

    The UK production industry flat-lined in March 2016, pushing the industry into recession as it continues to act as a drag on Britain's economic performance. Figures released by the Office for National Statistics (ONS) this morning showed that industrial production decreased by 0.4 per cent during the first three months of the year. Manufacturing – the largest component of [...]

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