UK inflation in surprise fall

The fall in the UK inflation rate for June, announced last week, took many economists by surprise. The headline annual rate fell from 2.9% in May to 2.6%. The drop ...

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UK unemployment rate falls to lowest level since 1975

UK unemployment continued to fall during the three months to May, dropping by 64,000 to 1.49 million. This resulted in the official unemployment rate falling by 0.2% to 4.5%, the ...

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UK data points to a rebound in growth during Q2

UK PMI data for June is indicating that there has been an acceleration in GDP growth during the second quarter (Q2), following a sharp slowdown in the first (Q1). While ...

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Central Bankers’ comments cause bond yields to rise

A string of comments from central bankers led to widespread selling in global bond markets last week, spilling over into equities. The remarks from Mark Carney, Janet Yellen and Mario Draghi of ...

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