Royal Bank Of Scotland

UK households are getting a real boost at last. Wages are growing steadily whilst inflation is moderating, boosting real incomes. There are jobs aplenty as employment reached another record high. But...

The EU granted the UK a further extension of Article 50, effectively pushing out the cliff edge to the end of October. Meanwhile, latest UK data was mildly reassuring, consistent with continued...

This week is likely to see the EU grant a longer, but more conditional, extension to Article 50 than the UK Government has requested. Back in Westminster talks continue to try to find a set of...

UK PM Theresa May failed for the third time to get Parliament to ratify her Withdrawal Agreement. More indicative votes take place in the House of Commons today. The probability of cross party support...

Last week’s series of votes saw the Withdrawal Agreement defeated for a second time, a no deal exit voted down and an instruction to seek a delay to the Article 50 deadline of 29th March...

UK PM Theresa May’s meaningful vote on the Withdrawal Agreement takes place on Tuesday and so far looks set for another defeat. If the deal is rejected, again, the votes that follow will offer...

Theresa May conceded for the first time Parliament would be given a vote on extending Article 50, or a no deal Brexit if the PM’s “meaningful vote” on March 12th is rejected. The...

The landscape for UK politics is changing. News that seven Labour MPs and four Conservative MPs have defected to form a new Independent Group highlights the current fragmented state of UK politics. PM...

The UK economy almost came to a halt in Q4 last year as mounting Brexit concerns took its toll on business investment. However, consumer spending maintains its gradual recovery, driven by higher real...

Following a path laid by the US Federal Reserve, who recently adopted a more neutral position towards monetary policy, the Bank of England’s February Inflation report clearly signalled no...

Another strong US employment report and improved manufacturing sentiment contrasts with continued lacklustre Euro area growth and a downbeat Chinese PMI survey, highlighting diverging trends in the...

Prime Minister Theresa May is due to unveil Brexit plan B to Parliament today but it is unlikely to differ much from her first version. Following a crushing defeat on the Withdrawal Agreement and...

Following the recent Grieve amendment, the chances of Parliament passing PM Theresa May’s Withdrawal Agreement tomorrow look very slim. A rejection would force Mrs May to unveil a Plan B next...

Initial reports from the UK high street during the festive period were mildly encouraging. Witness stronger than expected outturns from John Lewis and Next. Still, it is premature to draw strong...

UK workers received a Christmas bonus with the highest wage growth for a decade reported last week. The labour market is yet again the star performer in an economy that is otherwise losing a little...

Last week the focus was on the Bank of England's no-deal Brexit scenarios. This week it will be Parliament in the lime-light.Entrenched. The BoE’s Brexit scenarios have been viewed by some as...