Filtered by Subscriptions: UK Economics Use setting UK Economics
This report is only available as a PDF. Click to download. … UK Ind. Prod., Trade & BRC Sales (Oct./Nov.) …
9th December 2008
This report is only available as a PDF. Click to download. … Producer Prices (Nov.) …
8th December 2008
This report is only available as a PDF. Click to download. … Recession gathers momentum …
Today’s further 1% fall in UK interest rates to match their lowest ever levels underlines the seriousness of the situation facing the economy. But there is more to do and there is now a very real possibility that interest rates effectively fall all the …
4th December 2008
The number of new car registrations plummeted in November at the fastest rate yet. The automotive sector is shaping up to be one of the hardest hit areas of the economy during this recession. … Car sales continue to …
This report is only available as a PDF. Click to download. … UK CIPS/Markit Report on Services (Nov.) …
3rd December 2008
The last month has seen UK policymakers take more aggressive action to stop the recession from turning into a depression. November’s 150bps cut in interest rates to 3% left them at a 57-year low. And the Inflation Report suggested that the MPC is willing …
2nd December 2008
Now that the Government has stepped in to bail out the UK banks, attention has shifted to which other areas of the financial sector might be in serious trouble. While the insurance sector certainly looks vulnerable, it is at least, on the face of it, …
1st December 2008
This report is only available as a PDF. Click to download. … UK Household Borrowing & CIPS/Markit Manufacturing (Oct./Nov.) …
This report is only available as a PDF. Click to download. … PBR underlines need for very low interest rates …
This report is only available as a PDF. Click to download. … UK CBI Distributive Trades Survey (Nov.) …
28th November 2008
Tomorrow’s CBI Distributive Trades Survey will give one of the first indications from the retail sector as a whole as to how the pre-Christmas spending season is shaping up. The failure of Woolworths and MFI and the widespread price discounting highlight …
27th November 2008
Both the Inflation Report and the minutes of November’s Monetary Policy Committee (MPC) meeting suggested that another sharp interest rate cut is likely this month. Of course, they were published before the Pre-Budget Report giveaway was announced. But …
The rise in short-dated bond yields in recent days appears to be a response to the higher than expected borrowing projections revealed in Monday’s Pre-Budget Report (PBR). But it is unlikely to be long before such supply concerns are overwhelmed by the …
This report is only available as a PDF. Click to download. … Nationwide House Prices (Nov.) …
This report is only available as a PDF. Click to download. … GDP: Output, Income and Expenditure (Q3) …
26th November 2008
In today’s testimony to the Treasury Committee, the Monetary Policy Committee (MPC) gave little indication of whether it thinks that the fiscal stimulus announced yesterday has reduced the need for further interest rate cuts. But with the Governor …
25th November 2008
While the Chancellor was right to try to support the economy with a fiscal boost, he was constrained by the prospect of enormous increases in public borrowing from being able to do nearly enough. Accordingly, the PBR will not prevent a severe recession in …
24th November 2008
The temporary cut in Value-Added Tax (VAT) set to be announced in this afternoon’s Pre-Budget Report is a bold, headline-grabbing measure which could put extra money into households’ pockets almost immediately. But there are reasons why the move is …
This report is only available as a PDF. Click to download. … PBR and falling inflation won't provide much cheer …
It is shaping up to be a pretty awful Christmas for retailers. Admittedly, the recent interest rate cuts and falls in petrol and food prices will provide some relief for household incomes. What’s more, the Chancellor is set to announce tax cuts for …
20th November 2008
This report is only available as a PDF. Click to download. … UK Retail Sales & Public Finances (Oct.) …
This report is only available as a PDF. Click to download. … CBI Monthly Trends (Nov.) …
19th November 2008
The latest migration-related releases from the Home Office and Office for National Statistics provided further evidence that migration to the UK is slowing sharply. However, we doubt that this will prevent wages growth from slowing further or unemployment …
This report is only available as a PDF. Click to download. … MPC Minutes (Nov.) …
Falling inflation will provide a significant boost to households’ spending power over the coming quarters. However, we doubt that real household income growth will rebound strongly enough to prevent consumer spending from falling outright for each of the …
18th November 2008
This report is only available as a PDF. Click to download. … UK Consumer Prices (Oct.) …
The prospect of a fiscal boost in the forthcoming Pre-Budget Report and the recent sharp fall in the sterling exchange rate are both positive developments for the UK economy. But they will not prevent a severe recession and they do not preclude the need …
17th November 2008
An important consequence of the recent sharp falls in asset prices is an increase in the size of firms’ pension fund deficits. With profits set to fall sharply and the credit crunch reducing firms’ ability to borrow, even plugging just part of these …
This report is only available as a PDF. Click to download. … Deflation ahead? …
Alistair Darling may be the man at the despatch box, but the main architect of this Pre-Budget Report will be John Maynard Keynes. With the Government having firmly signalled its intention to support the ailing economy with a much-needed fiscal boost, the …
13th November 2008
This report is only available as a PDF. Click to download. … Bank of England Inflation Report (Nov.) …
12th November 2008
This report is only available as a PDF. Click to download. … UK Labour Market Data (Sep./Oct.) …
Tomorrow’s labour market figures are set to reveal a further drop in employment, confirming that the downturn in the labour market is well underway. We expect employment to drop by around 1.5 million from peak to trough (i.e. from mid-2008 to end-2010), …
11th November 2008
The last year or so has seen widespread concerns that inflation has returned from the dead. But with global commodity prices falling and a deep recession in the UK economy set to create huge amounts of spare capacity, it is deflation which is about to be …
This report is only available as a PDF. Click to download. … UK Trade, BRC survey & Quoted Rates (Sep./Oct.) …
