UK Data Response Monthly GDP (Oct.) The economy continued to grow in October, but at a snail’s pace. And with the COVID-19 restrictions likely to remain in place for some time, the economy is in for a difficult few months yet. But scope... 10th December 2020 · 4 mins read
UK Data Response Monthly GDP (Oct.) The economy continued to grow in October, but at a snail’s pace. And with the COVID-19 restrictions likely to remain in place for some time, the economy is in for a difficult few months yet. But scope... 10th December 2020 · 4 mins read
UK Data Response Money & Credit (Oct.) October’s money and credit data showed that the mini-boom in the housing market continued, but a fall in consumer credit suggests that consumer spending was already faltering before lockdown was... 30th November 2020 · 3 mins read
UK Data Response Money & Credit (Oct.) October’s money and credit data showed that the mini-boom in the housing market continued, but a fall in consumer credit suggests that consumer spending was already faltering before lockdown was... 30th November 2020 · 3 mins read
UK Data Response IHS Markit/CIPS Flash PMIs (Nov.) The relatively small fall in November’s flash composite PMI suggests that the hit to GDP from the second lockdown will be much smaller than the first and that our expectation of an 8% m/m drop in GDP... 23rd November 2020 · 3 mins read
UK Data Response Public Finances (Oct.) October’s public finances figures were far better than expected. But the likely economic contraction in November and extension of the government’s support measures mean that the better news won’t last... 20th November 2020 · 3 mins read
UK Data Response Public Finances (Oct.) October’s public finances figures were far better than expected. But the likely economic contraction in November and extension of the government’s support measures mean that the better news won’t last... 20th November 2020 · 3 mins read
UK Data Response Retail Sales (Oct.) The further rise in retail sales in October means that retail sales are now 6.8% above their pre-virus level. But the current lockdown means that retail sales, and total consumer spending, will... 20th November 2020 · 2 mins read
UK Data Response Retail Sales (Oct.) The further rise in retail sales in October means that retail sales are now 6.8% above their pre-virus level. But the current lockdown means that retail sales, and total consumer spending, will... 20th November 2020 · 2 mins read
UK Data Response Consumer Prices (Oct.) The rise in CPI inflation from 0.5% in September to 0.7% in October shows that inflation is well past its crisis low point of 0.2%. But while it will rise more significantly from next April, we doubt... 18th November 2020 · 3 mins read
UK Data Response Consumer Prices (Oct.) The rise in CPI inflation from 0.5% in September to 0.7% in October shows that inflation is well past its crisis low point of 0.2%. But while it will rise more significantly from next April, we doubt... 18th November 2020 · 3 mins read
UK Data Response GDP (Sep. & Q3) We now know that the record breaking fall in GDP of 19.8% q/q in Q2 was followed by a record breaking rise of 15.5% q/q in Q3. But meagre growth in September shows that the recovery was rapidly... 12th November 2020 · 4 mins read
UK Data Response GDP (Sep. & Q3) We now know that the record breaking fall in GDP of 19.8% q/q in Q2 was followed by a record breaking rise of 15.5% q/q in Q3. But meagre growth in September shows that the recovery was rapidly... 12th November 2020 · 4 mins read
UK Data Response Labour Market (Sep./Oct.) September’s rise in the unemployment rate from 4.5% in August to 4.8% suggests that the previous scaling back of the furlough scheme took its toll. And the unemployment rate may yet climb to about 9%... 10th November 2020 · 2 mins read
UK Data Response Labour Market (Sep./Oct.) September’s rise in the unemployment rate from 4.5% in August to 4.8% suggests that the previous scaling back of the furlough scheme took its toll. And the unemployment rate may yet climb to about 9%... 10th November 2020 · 2 mins read
