UK Economics Chart Pack Spending growth slowdown not too sharp Consumer spending growth should slow in the coming few quarters as a result of a number of headwinds. Indeed, we expect the Brexit vote to cause some firms to put a halt on hiring decisions, slowing... 15th September 2016 · 1 min read
UK Economics Chart Pack Growth slows but full-blown recession should be avoided At first glance, the economy appears to have brushed off the EU referendum. The economy was performing well prior to the vote, with GDP and employment growth both accelerating in Q2. Meanwhile... 5th September 2016 · 1 min read
UK Economics Chart Pack Little sign of immediate post-referendum hit to spending The UK’s vote to leave the EU means that consumer spending growth is set to slow on the back of a weakening jobs market and a squeeze on real wage growth. Confidence has already fallen since the vote... 18th August 2016 · 1 min read
UK Economics Chart Pack Bank of England’s meaningful action boosts asset prices The prospect – and subsequent delivery – of monetary policy stimulus from the Bank of England in August has helped UK assets to continue their recovery from the shock of the vote to leave the EU... 9th August 2016 · 1 min read
UK Economics Chart Pack Surveys provide first signs of post-referendum slowdown The latest data suggests that the economy dealt well with the pre-referendum uncertainty, with GDP growth picking up from 0.4% in Q1 to 0.6% in Q2. But the quarterly expansion was entirely driven by... 3rd August 2016 · 1 min read
UK Economics Chart Pack Confidence takes a knock post-referendum The near-term outlook for the consumer recovery has weakened since the UK voted to leave the EU last month. Indeed, consumers’ confidence in the economic outlook deteriorated sharply, and the drop in... 21st July 2016 · 1 min read
UK Economics Chart Pack Recovery loses some momentum in Q2 The latest data survey data suggest that growth slowed further in the second quarter, ahead of the referendum. Indeed, the Markit/CIPS composite PMI ended June at a level consistent with no quarterly... 7th July 2016 · 1 min read
UK Economics Chart Pack Brexit uncertainty not weighing on consumer spending Consumers appear to have shrugged off EU referendum uncertainty which should help prevent GDP growth from slowing much in Q2. And spending should continue to grow at rates around its historical... 17th June 2016 · 1 min read
UK Economics Chart Pack Referendum uncertainty putting the brakes on growth Recent data have confirmed that the recovery slowed at the start of 2016 and that growth remained precariously unbalanced. Meanwhile, the Markit/CIPS surveys have brought further evidence that... 3rd June 2016 · 1 min read
UK Economics Chart Pack Consumers shrug off Brexit uncertainty The consumer recovery appears to have got back on track, at least as far as the official retail sales figures indicate. Indeed, consumer confidence still seems to be holding up well despite the... 19th May 2016 · 1 min read
UK Economics Chart Pack Brexit uncertainty starting to take its toll Recent data have brought more concrete signs that uncertainty ahead of the EU referendum on 23rd June is starting to weigh on the economy . GDP in Q1 grew by a modest 0.4% on the quarter and the... 5th May 2016 · 1 min read
UK Economics Chart Pack Spending growth moderates Although retail spending has come off the boil in the past couple of months, the consumer recovery is on the whole holding up reasonably well. Indeed, there are few signs that Brexit uncertainty is... 21st April 2016 · 1 min read
UK Economics Chart Pack Growing imbalances cast cloud over recovery While the latest National Accounts showed that the pace of the economic recovery was stronger in Q4 than previously estimated, it highlighted that the economy’s imbalances remain large and have grown... 5th April 2016 · 1 min read
UK Economics Chart Pack Consumer recovery still going strong The consumer recovery is still going strong, with household spending the driving force of the overall economic recovery. Although the retail sales figures have been a bit volatile recently, the... 24th March 2016 · 1 min read
UK Economics Chart Pack Easing global concerns dominate domestic developments Concerns about the strength of the global economy have eased over the past month, boosting market sentiment. This comes despite ongoing worries about the upcoming EU referendum and domestic activity... 15th March 2016 · 1 min read
UK Economics Chart Pack Global uncertainty appears to take its toll on UK activity Global growth worries and uncertainty surrounding the upcoming Brexit referendum seems to have finally dented UK activity. Indeed, all three Markit/CIPS surveys fell in January. The composite PMI now... 3rd March 2016 · 1 min read
