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
UK Economics Chart Pack Momentum continues into 2016 2015 was a good year for the consumer recovery and 2016 looks like it started off on a good footing, with strong retail spending and car registrations in January. The picture for spending in the near... 23rd February 2016 · 1 min read
UK Economics Chart Pack Shift in rate expectations not justified by economic data Over the past few weeks, markets appear to have pushed back their expectation for the timing of the first hike in UK interest rates all the way to Q3 2019, and there has been some speculation of a... 9th February 2016 · 1 min read
UK Economics Chart Pack UK weathers market mayhem well so far Financial markets got off to a tumultuous start to the year, but the economy has begun 2016 on a slightly stronger footing. The Markit/CIPS surveys point to quarterly GDP growth of around 0.6%, a... 3rd February 2016 · 1 min read
UK Economics Chart Pack Wet weather doesn’t dampen outlook for spending The official UK retail sales figures once again painted a different picture of high-street spending to anecdotal and survey evidence – this time indicating a far weaker month for retail sales in... 22nd January 2016 · 1 min read