UK: Uncertainty Effect Intensifies in Sep-19
The services PMI disappointed expectations by falling 1.1-points to 49.5 in Sep-19. All three UK PMIs are now below the threshold level of 50 that...
418 Views
BoE: Depressed by Political Dithering
The MPC was unanimous in leaving policy unchanged again in Sep-19, as expected. Brexit continues to bifurcate the outlook for the economy and...
516 Views
UK Inflation: Mixed Shocks Boost Basis in Aug-19
UK inflation data for Aug-19 contained mixed surprises as recreation prices broke another record on the downside to dominate the CPI while...
553 Views
UK: Labour Market Enduring Political Earthquake
Headline labour market data were broadly robust in Jul-19 as further upward revisions to wages were joined by a return to the unemployment rate’s...
426 Views
UK: GDP Rebound Crushes Current Recession Fear
UK GDP growth exceeded expectations in July by 0.2pp at 0.35% m-o-m. The rest of Q3 is likely to be broadly flat but deliver growth of 0.4% q-o-q,...
409 Views