In a week when the Prime Minister said that the coming Budget will be “painful”, we think there’s a growing chance that fuel duty will rise from next year for the first time since 2011. That will...

Data out this week showed that Chinese lending to Africa increased for the first time since 2016. But worries about convoluted debt restructuring processes mean that Chinese outbound lending to the...

Falling house prices and a soft labour market will continue to hold back consumer spending over the coming months. And with the PBOC concerned about a bond bubble, large-scale monetary easing appears...

The July income and spending report shows price pressures remaining muted despite the strength of real consumption. The latter suggests that third-quarter consumption growth will be 3.7%. Even...