The recent fall in oil prices should give a small boost to global economic activity in the coming year or so. Households will benefit from reduced inflation while any offsetting reduction in mining...

Another month, another set of downbeat PMI surveys. Markit’s flash PMIs for the euro-zone were especially weak, dampening hopes that growth will rebound in the fourth quarter.

It is possible that Theresa May will persuade enough MPs to back her deal in Parliament, if only by arguing that the alternatives are even worse. But it is far from certain. In this Update, we set out...

Households’ balance sheets are mostly in good shape and so are unlikely to cause any major trouble. But households in a few economies would be vulnerable if interest rates were to rise by more than we...