Royal Bank Of Scotland

Every UK data release is being closely analysed in the post-Brexit world. But it’s still early days. It’ll be a good number of weeks, probably months, before we have a better handle on the...

The Bank of England surprised last week by not cutting interest rates. The accompanying statement showed that most members expect to loosen monetary policy at August’s meeting. But given that...

Initial signals of the economic fallout post-Brexit vote are weak. That’s weak in both hard to detect as well as hinting at economic fragility. It’s early days but initial signs suggest a...

The first full post-referendum week was nothing if not eventful. Financial markets were volatile and uncertainty about economic policy has jumped. We await tomorrow’s publication of the...

Economic data will be closely scrutinised for evidence of the impact of the UK's referendum result to leave the European Union. But in the immediate aftermath of the vote the political changes were...

Last week saw jobs and wages rise whilst inflation and interest rates stayed flat. Economists fret about slow productivty growth and the damage that does in the long term. But right now conditions...

The UK was sending out some mixed signals on growth last week as manufacturing and construction went in different directions. The best news came from the Eurozone, for a change, whilst the Fed...

It’s looking a lot like October all over again. Just as a flurry of US policymakers were talking up the chances of a Fed rate rise later this month, the labour market produces a bad headline and...

Some parts of the UK economy are in overdrive, powered on by a rising population that keeps demand growing and the supply of workers flowing. But the strength that’s seen in household spending...

A deluge of inflation data and speeches from central bankers put monetary policy in the spotlight last week. Whilst the US is talking up the chances of it raising rates this summer, at least one of...

With five weeks to go before the EU referendum, the campaigns are now in full swing and scrutinising every piece of data for signs of Brexit nervousness. Yet there’s still a lot going on that...

The world economy seems to be struggling a bit. The latest global PMI manufacturing survey figure was consistent with growth between 2%y/y and 3%y/y. That is weak. But it is also predominantly centred...

For years we have been used to the US economy growing faster than that of the UK and the UK growing faster than the Eurozone. But this year started with things in reverse. All three economies grew,...

Last week’s UK economic news was filled with little wobbles. First, there were signs that the UK’s labour market may be finally cooling. Second, UK retailers had a very poor March. Third,...

Last week was mostly about lows. First, the IMF downgraded its forecasts for the UK economy this year. Second, the Bank of England’s inaction is adding support to a “lower for...

Growth in the world economy is subdued, so there’s heightened focus on whether the UK economy is slowing. Most measures are still showing growth, just less of it than had been hoped. But poor...