FLASH: UK Manu’ Surveys Slow Together in Oct-18
The UK’s manufacturing PMI fell to 51.1 in Oct-18, which is its lowest level since it rebounded from the referendum result in 2016. This decline...
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FLASH: BoE Temporarily Treads Water in Nov-18
The MPC voted unanimously to leave policy unchanged in November. Inflation forecasts were maintained rather than being trimmed, contrary to my...
415 Views
UK Budget: Surplus Splurged
The 2018 Budget accounted for the previously announced spending splurge on the NHS and was otherwise broadly neutral. It was paid for by recent...
278 Views
Preview: BoE Holding Out for Brexit News
The UK economic outlook remains bifurcated by EU withdrawal negotiations. Until the BoE knows the outcome and reactions to it, any guidance can...
405 Views
Preview: UK Splurging the Surplus Before Brexit
The UK's 2018 Budget must balance good fiscal news against a significant spending commitment to the NHS. I expect borrowing projections to become...
418 Views