25th July 2023 Paul Dales, at the consultancy Capital Economics, said that while he still expected UK output to shrink, successive contractions that together amount to around 0.5 per cent would be “the mildest recession we’ve ever had”. View article
UK inflation unexpectedly holds steady at 2.8% in May Paul Dales, chief UK economist at the consultancy Capital Economics, said the figures would “give the Bank of England more confidence that it doesn’t need to raise interest rates tomorrow, or at all”. 18th June 2026 · Financial Times
UK business activity fell for first time in more than a year in May Paul Dales, economist at Capital Economics, said the May PMI was the third dataset in three days that suggested “the Bank of England does not need to rush to raise interest rates”. 22nd May 2026 · Financial Times
UK job vacancies tumble to five-year low as Middle East conflict hits hiring Paul Dales, an economist at consultancy Capital Economics, said: “The sharp weakening in the labour market in April may help to restrain the recent upward march in gilt yields by highlighting that, so... 19th May 2026 · Financial Times