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Economics

  • The big unknown that will decide the August interest rate decision

    June 20, 2024

    An August interest rate cut depends on the data. (When does it not...) But there is another big unknown.

  • Bank of England holds rates but August cut still on the table

    June 20, 2024

    The Bank of England has voted to leave interest rates on hold for a seventh consecutive meeting.

  • Focus on health to cut ballooning welfare bill, new report argues

    June 20, 2024

    The next government should focus on addressing underlying health conditions rather than embarking on a benefits "clampdown", a new report has argued.

  • FTSE 100 today: Blue-chip index set for higher open; potential BOE dovish surprise could spark a rally

    June 20, 2024

    Asian stocks paused after a brief rally, while gold climbed to a one-week high. All eyes are now on the Bank of England's policy decision.

  • UK house prices rise for second straight month in sign of economic recovery

    June 19, 2024

    UK house prices rose for their second consecutive month in April, latest official figures show, amid hopes for a rebound in the housing market as the economy improves.

  • August interest rate cut in doubt despite inflation falling to target

    June 19, 2024

    Inflation dropped to two per cent, prompting champagne corks to go flying in CCHQ. But MPC members might be a bit slower to crack out the fizz.

  • Inflation drops to two per cent ahead of Bank of England interest rate decision

    June 19, 2024

    Even though inflation has returned to near the two per cent target, the Bank of England is very unlikely to cut interest rates tomorrow.

  • What is industrial strategy? And why do Labour think the UK needs one?

    June 19, 2024

    Labour believes that a well mapped out industrial strategy is crucial to delivering economic growth. But does the UK really need one?

  • Skills gap remains ‘stubbornly high’ with over half of London firms suffering from shortages

    June 19, 2024

    Engineering was the most commonly cited occupation where firms are struggling to find the right workers followed by sales and marketing.

  • Housebuilding targets ‘extremely challenging’ without extra funding, think tank warns

    June 19, 2024

    Neither party has committed any extra funding to boost housebuilding numbers, which will make it difficult to reach the target.

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