UK Economics Rapid Response

UK Money & Lending (Feb. 2025)

February’s money and lending figures provide some green shoots of households starting to save less and spend a little more freely. But one month doesn’t make a trend and GDP growth will probably...

31st March 2025 · 3 mins read

UK Housing Market Rapid Response

UK Halifax House Prices (Feb. 2025)

The small 0.1% m/m fall in Halifax house prices in February is at odds with the 0.4% m/m rise in the Nationwide measure and suggests the recent rise in mortgage rates and/or the weakness in the wider...

7th March 2025 · 3 mins read

UK Commercial Property Rapid Response

S&P Global/ CIPS UK Construction PMI (Feb. 25)

The headline CIPS construction PMI dropped to 44.6 in February, from 48.1 in January, which was the lowest reading since May 2020.

6th March 2025 · 1 min read

UK Economics Rapid Response

UK Money & Lending (Jan. 2025)

The stagnating economy is partly because households appear to be continuing to save rather than spend, which is unlikely to change over the next six months with the sharp deterioration in the outlook...

3rd March 2025 · 3 mins read

UK Housing Market Rapid Response

UK Nationwide House Prices (Feb. 2025)

Some of the bigger-than-expected 0.4% m/m rise in Nationwide house prices in February (consensus and Capital Economics forecast 0.2% m/m), which followed the muted 0.1% m/m rise in January, may...

28th February 2025 · 3 mins read

Event

Drop-In: Can the UK housing market continue to shrug off the weak economy?

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The strength of the recovery in housing activity and prices in the second half of last year caught many off guard.

Emerging Europe Rapid Response

US-Russia talks don’t signal near-term end to the war

The decision by the US and Russia to “lay the groundwork” to end the war in Ukraine marks a potentially significant turning point after three years of conflict. Negotiations will take time and the...

18th February 2025 · 2 mins read

UK Housing Market Rapid Response

UK Halifax House Prices (Jan. 2025)

The 0.7% m/m rise in the Halifax house price index in January is at odds with the muted 0.1% m/m increase in the Nationwide measure and suggests that the housing market continues to shrug off both the...

7th February 2025 · 3 mins read

UK Commercial Property Rapid Response

S&P Global/ CIPS UK Construction PMI (Jan. 25)

The headline CIPS construction PMI dropped to 48.1 in January, from 53.3 in December, indicating the first contraction in activity since February 2024.

6th February 2025 · 1 min read

UK Housing Market Rapid Response

UK Nationwide House Prices (Jan. 2025)

Although the muted 0.1% m/m rise in Nationwide house prices in January was slightly worse than expected, it is not too surprising given the rise in quoted mortgage rates at the end of last year. But...

31st January 2025 · 3 mins read

UK Economics Rapid Response

UK Money & Lending (Dec. 2024)

December’s money and lending figures suggest the downbeat economic outlook isn’t weighing on households borrowing and spending decisions too heavily. This provides some encouragement that the economy...

30th January 2025 · 3 mins read

UK Commercial Property Rapid Response

S&P Global/ CIPS Construction PMI (Dec. 24)

The headline CIPS construction PMI eased to a six-month low of 53.3 in December, from 55.2 in November, although that indicates construction activity is still expanding. The decline in the headline...

7th January 2025 · 1 min read

UK Housing Market Rapid Response

UK Halifax House Prices (Dec. 2024)

The small fall in the Halifax house price index in December is at odds with the chunky rise in the Nationwide measure and suggests that recent rises in mortgage rates started to weigh on the housing...

7th January 2025 · 3 mins read

UK Economics Rapid Response

UK Money & Lending (Nov. 2024)

November’s money and lending data suggests that households’ caution with their borrowing and saving ahead of the Budget hasn’t gone away. As a result, today’s release adds further downside risk to our...

3rd January 2025 · 3 mins read

UK Housing Market Rapid Response

UK Nationwide House Prices (Dec. 2024)

December’s better-than-expected 0.7% m/m increase in Nationwide house prices means that prices continued to gather momentum at the end of last year despite the rise in mortgage rates, rising by a...

2nd January 2025 · 3 mins read