Royal Bank Of Scotland

Sterling is down 12% since the referendum and some effects of its decline are becoming apparent.Pipeline pressures. Sterling’s weakness has fuelled import cost inflation. Manufacturers’...

Records are being set by the UK labour market, but the differences between regions remain strong.Britain’s job market is in rude health... In the three months to January, employment increased by...

Chancellor Philip Hammond’s first and last Spring Budget was a modest affair and a perfect advert for holding just one fiscal event each year.Better now. The independent Office for Budget...

Rather than exit with a bang the Spring Budget left with a bit of whimper. Usually it’s a bit of work deciding what announcements to cram into a one page summary. Not so this time. That famous...

Markets are betting the U.S. Fed will raise rates next week but strong jobs and confidence data are somewhat at odds with growth that is far from spectacular. Lack of diversity. U.S. growth was less...

Growth at the end of 2016 had the feel of a seasonal sale. Let’s hope the consumer avoids feeling buyers’ remorse.Faster. The UK economy grew faster than first thought in Q4 2016: GDP was...

We’re breaking records for the number of people in work, yet more productive jobs are what we really need.Record breakers. 2016 ended with the highest share of people working for at least the...

President Trump has promised to unveil a spectacular reform of the US tax system in the next few weeks to boost the economy. Meanwhile the labour market has been producing spectacular results itself....

The Bank of England’s upgrade to its GDP growth forecast this year takes it almost back to pre-referendum levels. Meanwhile the Government published some of its post-Brexit policy goals in a...

Prime Minister Theresa May was in the US for talks with President Trump last week Securing the basis of the UK-US trading relationship is one of the UK's biggest economic priorities after Brexit. But...

Theresa May’s Brexit speech reiterated the Government’s negotiating priorities and spelled out some of the likely consequences. With the triggering of Article 50 at most 10 weeks away the...

Rising inequality has been blamed for everything from slow growth to political earthquakes last year, but on at least one sensible measure income inequality in the UK is substantially lower than it...

December's data indicates a clean sweep of good growth across UK, Europe and US. 2016 went out with a bang. On a high. The UK service sector rounded the year off full of festive cheer. At 56.2 in...

1. Come gather, Dear Readers For the last time this year And enjoy what in our world Represents Christmas cheer We’ll tell of the economy In twenty-sixteen And we’ll start looking forward...

2017 looks like it’s the year for inflation to make a comeback. Will it be a flash then fade? Or something more that requires a bit of policy action? We bet the former.Split. Britain’s...

Italy's banking sector problems, building financial risks facing the UK and the prospect of higher rates in the US. The year may be drawing to a close but there will be plenty to keep minds focused in...