UK: Return to Real Labour Begins in Jul-20
The unemployment rate increased to 4.1% in July but not because of falling employment. Normalisation in the labour force participation rate meant...
318 Views
BoE: Preparing for a QE Extension in Nov-20
The BoE’s ongoing easing programme means it need not announce any policy change at this meeting. However, with insufficient room to continue...
316 Views
UK: GDP Recovery Lags and Languishes in Jul-20
UK GDP grew by 6.6% m-o-m in July, broadly matching the Consensus expectation. Nonetheless, activity is still 11.8% below February levels, with...
356 Views
Brexit: Brinkmanship Beckons
Negotiations for the UK and EU’s replacement relationship are still snagged on the same issues identified last year. Rigid terms of reference for...
292 Views
UK: Passing the Peak Rebound Pace into August
Output appears to have grown briskly in July, but many high-frequency and leading indicators are suggesting this was the peak pace. Almost half of...
426 Views