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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July 10, 2017

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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July 4, 2017

UK net borrowing drops to decade low driven by higher tax receipts

The UK government net borrowing slowed in May relative to last year, falling to its lowest since 2008. This was driven primarily through greater tax receipts. However, the Office of Budget Responsibility ...

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June 26, 2017

Inflation jumps to 2.9% as economists hope this is peak price growth

Inflation figures for May were released last week, showing prices rose faster than expected. The higher cost of package holidays, in particular, pushed the rate of inflation up to 2.9%, ...

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June 19, 2017