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The Bank of England is about to sit and decide on monetary stance for July – a first month after Brexit vote. Some expect a rate cut, given the plunge in some of the equity markets, and economic...
Never in the post-war history of Britain has there been such a massive political impact on global financial markets like what we have seen in recent days, following last week's Brexit vote. But how...
The current indications of a slowdown in UK economic growth may well be only temporary. Meanwhile, there have been signs of some notable increase in inflationary pressures in all three main output...
UK consumer price inflation is seen rising at a faster pace over 2016 than the Bank of England's February forecast suggested, according to the latest reports.London - Tentative upward price pressures...
Sterling has received some support from the latest political comments by both the US and UK leaders supporting Britain’s membership of the European Union.London - The British pound kept its...
Further sterling depreciation, and an expected spike in food prices in the case of Brexit, could generate notable upward pressure on consumer prices in Britain.London - Inflation in Britain has been...
The increased level of uncertainty about the outlook for UK economic growth and slightly deteriorating financial morale among UK households could be behind an expected slowdown in retail sales volumes...
Not much upward pressure on UK inflation is expected this year. Still, the Bank of England sees the future move in interest rates being upward rather than downward. UK official statisticians are...
Political uncertainty ahead of Britain's European Union (EU) referendum is showing up in the form of nervous investors and a weakening sterling. Meanwhile, the Bank of England's monetary divergence...
The Bank of England remains overly cautious on the outlook for inflation and growth as the UK economy continues to face both external and domestic headwinds.London - The UK economy, among the most...
There have been sharp falls in sterling exchange rate recently, and a significant increase in risk reversal in the option market since the announcement of the EU referendum date. Political bickering...
Despite expectations of inflation edging up slightly in the months to come, price growth in the UK remains way below the level needed for the Bank of England to turn more hawkish on its monetary...
There is no doubt the BoE will leave its policy stance unchanged in February. The base rate will have been sitting at the rock bottom of 0.5% for nearly seven years, and Ian McCafferty is still seen...
Sterling has been among the biggest losers in the past twelve months. The current prospects for the British currency in the short-term do not seem any better, too, but it may not be as doom and gloom...
Protracted low prices and softer-than-estimated wage growth in the UK, combined with possible detrimental spillovers from emerging markets volatility, are expected to weigh down on sentiment at the...
Probably the biggest challenge next year in the UK will be to see if wages rebound after the muted growth seen throughout the post-crisis period. Weak pay growth also remains one of the primary...
The UK economy remains one of the strongest among the G7 countries, but its output remains highly unbalanced and vulnerable to financial shocks.The third reading of the UK gross domestic product (GDP)...