Filtered by Subscriptions: UK Economics Use setting UK Economics
This report is only available as a PDF. Click to download. … Producer Prices (Sep.) …
12th October 2008
What a tumultuous few weeks! Policymakers around the world have stepped in to bail out the banking system, hopefully averting full-scale financial system meltdown, and UK interest rates have been cut by 50bps for the first time in seven years. But, as …
10th October 2008
The recently announced Government measures to support the UK banking sector may have little immediate effect on the public finances. But the downturn in the wider economy is already set to push public borrowing up to historically high levels. … The fiscal …
At last, some rare good news for the housing market. Together, the bank recapitalisation plan and the 0.5% cut in official policy rates suggest that policy makers have now realised that drastic action is required to resolve the current bank crisis. We do …
8th October 2008
This report is only available as a PDF. Click to download. … UK Trade (Aug.) …
Today’s 50bps cut in UK interest rates, alongside similar moves from a number of other central banks, is likely to mark the start of a phase of aggressive monetary easing. We continue to expect UK interest rates to drop to just 2.5% or below next year. … …
The Government’s reported plans to inject additional capital into some of the UK’s largest banks are unlikely to prevent a major slowdown in the growth of bank lending to households and companies from contributing to a deep and prolonged recession in the …
7th October 2008
This report is only available as a PDF. Click to download. … UK Ind. Production & BCC Survey (Aug./Q3) …
6th October 2008
The economic news took a backseat over the last month as the financial crisis intensified. The interbank markets froze, a number of banks on both sides of the Atlantic failed and governments stepped in to clean up the mess. Nonetheless, the UK economy …
Recent developments in the UK and global economies and banking sectors suggest that UK interest rates are going to have to fall even further than we had thought. We now expect rates to fall to 2.5% next year, with a distinct possibility that they return …
This report is only available as a PDF. Click to download. … Rates heading towards 3.5%, if not lower …
This report is only available as a PDF. Click to download. … UK CIPS/Markit Report on Services & HEW (Sep./Q2) …
2nd October 2008
The dramatic events of the past few weeks have changed the debate from whether the Monetary Policy Committee (MPC) will cut interest rates this year to whether it will cut them in October or November. The debate is finely balanced and the deciding factor …
This report is only available as a PDF. Click to download. … Bank of England Credit Conditions, 2008Q3 …
This report is only available as a PDF. Click to download. … Nationwide house prices (September) …
This report is only available as a PDF. Click to download. … Nationwide House Prices (September) …
1st October 2008
This report is only available as a PDF. Click to download. … GDP set to contract in Q3 …
30th September 2008
This report is only available as a PDF. Click to download. … National Accounts & Balance of Payments (Q2) …
29th September 2008
The nationalisation of Bradford & Bingley is another blow to the government’s already dire fiscal position. It also highlights just how vulnerable banks are to future mortgage losses, which are likely to result from a 35% fall in house prices and a rise …
This report is only available as a PDF. Click to download. … Mortgage lending (August) …
This report is only available as a PDF. Click to download. … What chance for a UK TARP? …
28th September 2008
This report is only available as a PDF. Click to download. … UK CBI Distributive Trades Survey (Sep.) …
24th September 2008
Recent figures on the public finances, coupled with growing concerns over the public cost of measures to address the banking crisis, have led to major fears over the UK’s fiscal position. But our forecasts for the likely path of the economy over the next …
22nd September 2008
During past consumer spending slowdowns, consumer durables, such as household goods and vehicles, have been hit the hardest. And they look likely to come off worst this time too. Spending on essentials, such as food, tends to emerge relatively unscathed. …
This report is only available as a PDF. Click to download. … Momentous events darken economic outlook …
The surprising strength of the official retail sales data in recent months continues to contrast with the much more downbeat tone of the survey evidence and the trading reports from retailers themselves. What’s more, it seems unlikely that consumers are …
18th September 2008
This report is only available as a PDF. Click to download. … Retail Sales, Public Finances & M4 (Aug.) …
This report is only available as a PDF. Click to download. … MPC Minutes, Labour & CBI Industrial Survey …
17th September 2008
This report is only available as a PDF. Click to download. … UK Consumer Prices (Aug.)/BoE Open Letter …
15th September 2008
This report is only available as a PDF. Click to download. … Have the markets become complacent on inflation? …
Bank of England Governor Mervyn King today underlined the message that there are no quick fixes for the problems in the UK mortgage and housing markets. This supports the view that further sharp falls in house prices will prompt a deep downturn in the …
11th September 2008
The US government’s initially well-received intervention to support the Government Sponsored Enterprises (GSEs), Fannie Mae and Freddie Mac, has prompted debate over the case for similar sort of action to support the housing market in the UK. But there …
10th September 2008
The credit crunch, high oil prices and slowdown in migration may have reduced the economy’s potential or “trend” rate of growth. But this won’t stop the impending recession from creating a large amount of spare capacity and hence putting strong downward …
9th September 2008
This report is only available as a PDF. Click to download. … Trade (Jul.) …
This report is only available as a PDF. Click to download. … RICS Housing Market Survey (Aug.) …
This report is only available as a PDF. Click to download. … Ind. Production & BRC Retail Sales (Jul./Aug.) …
8th September 2008
This report is only available as a PDF. Click to download. … Sterling job, Darling …
This report is only available as a PDF. Click to download. … UK Producer Prices (Aug.) …
7th September 2008
Lingering inflation concerns kept the Monetary Policy Committee’s finger off the interest rate trigger again today. But it is only a matter of time before it is forced to respond to the rapidly deteriorating outlook for the economy by cutting rates very …
4th September 2008
The Government today announced a number of measures designed to “meet current challenges in the housing market”. While some of the measures will help to ease the hardship faced by a few of the families worst affected by the housing market downturn, we are …
2nd September 2008
