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Economics

  • UK mortgage market still ‘precarious’ amid uncertainty over timing of interest rate cuts

    July 1, 2024

    Tom Cuppello, director of risk at Broadstone, said the housing market's recovery remained "precarious" amid uncertainty over the timing of interest rate cuts.

  • Growth in UK manufacturing sector slows but continues to ‘recover solidly’

    July 1, 2024

    This helped to offset continued weakness from overseas markets, with inflows of new work from abroad falling for the 29th month in a row.

  • UK economy ‘turning a corner’ as global growth slows, says KPMG

    July 1, 2024

    Falling inflation and and an uptick in consumer confidence will help the UK economy to a better than expected growth over the next two years as global growth is set to slow, according to a report published today.

  • FTSE 100 today: London markets to trade cautiously ahead of July 4 election

    July 1, 2024

    Asian stocks mixed, euro strengthens on French election, yen weakens post-Japan GDP downgrade; focus on French, UK elections, US jobs data.

  • China’s twin PMI figures reveal mixed economic health

    July 1, 2024

    China's manufacturing PMIs for June painted a mixed picture for the world’s second-largest economy, prompting calls for additional stimulus.

  • Why markets are concerned by the French election

    June 29, 2024

    France's fiscal position is not good. Its national debt stands at around 112 per cent of GDP, a bigger debt burden than Germany and the UK.

  • UK income growth has lagged European rivals since 2010, research shows

    June 28, 2024

    Although many major economics have experienced sluggish income growth, the UK has suffered particularly acutely among European peers.

  • Business confidence falls from May’s eight year high in June

    June 28, 2024

    Business confidence fell notably from May's eight year high in June, a closely watched survey suggests, but remains well above the long-term average.

  • FTSE 100 today: London markets to trade cautiously ahead of US PCE inflation

    June 28, 2024

    Asian stocks rose ahead of US inflation data; the yen fell to 161/$, London markets eye UK Q1 GDP for direction.

  • Foreign investment edges down as both parties pitch Britain as global hub

    June 27, 2024

    Figures released by the Department of Business and Trade (DBT) showed that there were 1,555 overseas investment projects in the UK in the 2024 fiscal year.

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