Filtered by Subscriptions: UK Markets Use setting UK Markets
This report is only available as a PDF. Click to download. … Bank of England Inflation Report (Feb.) …
11th February 2009
This report is only available as a PDF. Click to download. … Labour Data …
Recent suggestions that a recovery in real income growth as inflation drops will prevent a major downturn in household spending would seem to overlook the damaging impact of the recent sharp falls in household wealth. We still expect spending to contract …
10th February 2009
This report is only available as a PDF. Click to download. … Trade & BRC Retail Sales (Dec./Jan.) …
It has been suggested that UK banks can deleverage by scaling back their lending to financial institutions, leaving lending to UK households and firms largely unaffected. However, that does not mean that the real economy will emerge unscathed. … Real …
9th February 2009
This report is only available as a PDF. Click to download. … MPC heading into the unknown …
The Nationwide and Halifax indices show that house prices are now almost 20% below their peak, meaning that there is still some way to go before our forecast of a 35% peak-to-trough fall is delivered. Yet, the chances that prices ultimately fall by more …
6th February 2009
This report is only available as a PDF. Click to download. … UK Ind. Production & Producer Prices (Dec/Jan) …
This report is only available as a PDF. Click to download. … Halifax House Price Index (January) …
5th February 2009
Today’s cut in interest rates to just 1% confirmed that, for now at least, the Monetary Policy Committee remains focused on getting the cost of money as low as possible. We still expect rates to drop to zero, or very close, before the emphasis switches to …
This report is only available as a PDF. Click to download. … UK CIPS/Markit Report on Services (Jan.) …
4th February 2009
Chancellor Alistair Darling told the Treasury Select Committee yesterday that he is keeping open the option of creating a so-called “bad bank”, through which the Government would buy toxic assets from UK banks. However, we are unconvinced that this would …
The preliminary estimate of GDP in the final quarter of last year confirmed that the economy has plunged into recession. The 1.5% quarterly drop in output in Q4 means that the economy contracted by over 2% in the second half of 2008. There are signs of a …
2nd February 2009
This report is only available as a PDF. Click to download. … Bottom of the pile …
This report is only available as a PDF. Click to download. … Household Borrowing (Dec.) & Consumer Conf. (Jan.) …
30th January 2009
This report is only available as a PDF. Click to download. … Household Borrowing (Dec.) & Consumer Confidence (Jan.) …
The Monetary Policy Committee (MPC) has slowed the pace of monetary loosening and stressed that a large policy stimulus is in train. But the economic outlook has deteriorated further. And the MPC may just have been waiting for the analysis in February’s …
29th January 2009
This report is only available as a PDF. Click to download. … Nationwide House Prices (Jan.) …
This report is only available as a PDF. Click to download. … UK CBI Distributive Trades Survey (Jan.) …
27th January 2009
This report is only available as a PDF. Click to download. … Is the UK really going bankrupt? …
26th January 2009
Consumers eventually came out in force, meaning that buoyant sales around Christmas and the start of the clearance sales prevented the period from being a complete wash-out for retailers. However, there is still plenty of evidence that spending growth is …
23rd January 2009
This report is only available as a PDF. Click to download. … Provisional GDP (Q4) & Retail Sales (Dec.) …
The steep cuts in the rates banks pay on households’ savings have led some to conclude that further interest rate cuts are not just of little use, but are actually counterproductive. Interest rate changes are certainly less effective than usual, but we …
22nd January 2009
This report is only available as a PDF. Click to download. … CBI Quarterly Industrial Trends Survey (Jan.) …
This report is only available as a PDF. Click to download. … UK MPC Minutes, Labour Data, Public Finances …
21st January 2009
Over the past month, global bond yields have risen somewhat in response to growing concerns about the outlook for public finances and sovereign credit risk. Nonetheless, we continue to think that the bond “bubble” has not burst. Monetary policy is likely …
This report is only available as a PDF. Click to download. … UK Consumer Prices (Dec.) …
20th January 2009
The raft of further measures to support the banks is a significant step. It is clear that the Government has realised that the banking system will not start functioning properly again without more state intervention. Less clear is whether these measures, …
19th January 2009
This report is only available as a PDF. Click to download. … Government needs to take further steps to support the banks …
This week’s Bank of England interest rates data confirmed that banks have so far taken advantage of the cuts in official interest rates to boost their profit margins by cutting savings rates more aggressively than borrowing rates. In theory, banks should …
14th January 2009
Many of the retailers’ trading statements have been coming in at the better end of expectations, suggesting that Christmas on the high street was not quite as bad as feared. But if the latest BRC Retail Sales Monitor is anything to go by, it was still …
13th January 2009
This report is only available as a PDF. Click to download. … Trade & BCC Survey (Nov./Q4) …
This report is only available as a PDF. Click to download. … MPC slows down, but rates still headed for zero …
12th January 2009
Discount and value retailers have proved to be the relative winners during this consumer spending slowdown, as households have traded down to buying cheaper goods. What’s more, they could benefit further as falling inflation boosts the spending power of …
9th January 2009
This report is only available as a PDF. Click to download. … UK Ind. Production & Producer Prices (Nov/Dec) …
Today’s cut in interest rates to record low levels confirms that, for now at least, monetary policy remains focused on reducing the cost of money. We still expect rates to get down to zero, or very close, before the emphasis switches to boosting the …
8th January 2009
This report is only available as a PDF. Click to download. … Nationwide House Prices (Dec.) …
6th January 2009
