Royal Bank Of Scotland

World leaders gathered in Lima last week for the International Monetary Fund’s autumnal meetings. The backdrop to those meetings is a global economy that, whilst still growing, is definitely...

The UK is enjoying its third-longest run of growth since the 1950s. 350,000 more people are in work today than a year ago. Unemployment is close to pre-recession levels. Real wages are rising....

It was billed as the most closely-watched interest rate decision in years. In the end the outcome was very familiar – the Fed took a ‘let’s wait and see’ approach and rates...

Inflation can be made, or un-made, at home depending on how the Bank of England (BoE) sets interest rates. But what happens overseas affects our domestic economy. As China’s drama continues to...

Signs of moderating growth and little by way of inflationary pressures mean interest rates seem likely to stay lower for longer in the US and UK. The Eurozone’s problems are more deep-rooted....

There’s a neat symmetry between monetary policy in the US and the UK. The US Fed, like the Bank of England, is being scrutinised for signs it’s about to start raising rates. But both...

As if volatile stock markets and slower growth weren’t generating enough headlines, China devalued its currency last week. The move, coupled with the country’s manufacturing clout, creates...

After a seeming eternity without football, the Premier League has restarted. But kick-off looks to have been delayed at the Bank of England. Last week’s ‘Super Thursday’ of economic...

Seventy six months have passed since the Bank of England cut Bank Rate to 0.5%. Since then, some MPC members have occasionally voted for a rise but something has always been in the way for the...

10 days after Greece’s referendum returned a “no” vote, the Greek parliament prepared the ground for a third bailout on terms that were arguably tougher than those put to the...

It appears that a compromise deal between Greece and its creditors has been reached. But it will be the nitty gritty of structural economic reform that will determine whether the country is to receive...

Something’s begunThe first Conservative Budget since 1996 was always going to continue on the path to eliminating the budget deficit. But that didn’t stop the radical measures. There was a...

Bank closures, daily withdrawal limits, a referendum and a resignation. It was an eventful week for Greece and another lies ahead. The country remains the current top economic concern but two...

With capital controls, another referendum and banks closed for seven days, the next week will surely be a long time in Greek and European politics. Yet oddly the eurozone private sector economy is...

The waltz: where dancers hold each other close, spinning in a line of ever-increasing circular intensity yet always ending up in the same place. It can seem the same with Greece’s debt...

800 years ago the barons of medieval England forced King John to agree a limit on monarchical power. This agreement (recognised as the early foundation of individual legal protection and parliamentary...