30th August 2023 “The drag from higher interest rates on bank lending grew further in July,” said Ashley Webb, UK economist at the consultancy Capital Economics. View article
UK recession risk increases as services activity falls Ashley Webb, at the consultancy Capital Economics, said that while PMIs were “rarely an accurate predictor of GDP growth”, the recent trend supported the view that GDP would contract during the third... 22nd September 2023 · Financial Times
UK public borrowing comes in lower than forecast “August’s public finances figures continued the recent run of better than expected news on the fiscal position,” giving the chancellor “a bit more wriggle room for pre-election giveaways”, said Ashley... 21st September 2023 · Financial Times
UK mortgage approvals fall more than expected amid high borrowing costs “The drag from higher interest rates on bank lending grew further in July,” said Ashley Webb, UK economist at the consultancy Capital Economics. 30th August 2023 · Financial Times