UK growth set to continue as manufacturing PMI climbs to two year high Economics The economy’s strong performance so far in 2024 looks set to continue thanks to the continued recovery of the manufacturing sector, a closely watched survey suggests. S&P’s ‘flash’ purchasing managers’s index (PMI) came in at 52.7, up from 52.3 last month and slightly higher than the 52.6 expected by economists. The survey, which measures economic [...]
Stubborn inflation could hold back UK growth warns IMF Economics In its latest World Economic Outlook, the global fiscal watchdog forecast that the UK would grow 0.7 per cent in 2024, unchanged on its last projection in May.
UK receives raft of upgrades after beating expectations again Economics Figures out last week showed that the economy grew 0.4 per cent after stagnating in April. This was double the rate of growth expected by experts.
Why the Bank of England may be wary of a growing UK economic recovery July 12, 2024 Debapratim De at Deloitte reckoned the Bank of England will be in "no hurry" to cut interest rates after this morning's GDP figures.
Economy back on track as GDP beats expectations in May July 11, 2024 Labour has said generating economic growth will be a "national mission".
City ‘stands ready’ to work with new Labour government on growth July 8, 2024 Business lobby groups and the City of London have said the sector “stands ready” to work with Keir Starmer’s new Labour government on realising growth.
UK economy expected to ‘bounce back’ on services strength after April’s stagnation July 7, 2024 A recovery in the UK's all-important services sector is expected to help push the economy back into growth in May.
What a Labour landslide means for the UK economy July 5, 2024 Generating meaningful economic growth will be the defining mission for Keir Starmer's new Labour government, but how will he go about it?
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.
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.