UK Economics Rapid Response

UK Money & Lending (Sep. 2026)

September’s money and lending figures suggest households are still cushioning the blow from higher energy prices by borrowing more and saving less, and that high mortgage rates continue to restrain...

29th October 2026 · 3 mins read

UK Housing Market Rapid Response

UK Lloyds House Prices (Sep. 2026)

The stagnation in the Lloyds measure of house prices in September underscores how higher mortgage rates and/or uncertainty over possible tax hikes in the Budget on 28 th October are continuing to take...

7th October 2026 · 3 mins read

UK Commercial Property Rapid Response

S&P Global/CIPS UK Construction PMI (Sep. 26)

The headline construction PMI rose to its highest level since January, but remained consistent with a contracting construction sector, with future prospects also looking weak.

6th October 2026 · 1 min read

UK Housing Market Rapid Response

UK Nationwide House Prices (Sep. 2026)

The surprise 0.2% m/m fall in house prices in September (CE & consensus forecast 0.0% m/m) increases the risk that a further rebound in mortgage rates and/or uncertainty over possible tax hikes in the...

1st October 2026 · 3 mins read

UK Economics Rapid Response

UK Money & Lending (Aug. 2026)

It seems unlikely that households will continue to fund increases in their real spending by borrowing more and reducing their saving rates, as they did in August, for much longer. And the further fall...

29th September 2026 · 3 mins read

UK Housing Market Rapid Response

UK Lloyd’s House Prices (Aug. 2026)

The surprise 0.2% m/m drop in house prices in August on the Lloyds measure (consensus and CE +0.1% m/m) raises the risk that prices rise more slowly in response to high mortgage rates and uncertainty...

7th September 2026 · 2 mins read

UK Commercial Property Rapid Response

S&P Global/CIPS UK Construction PMI (August 26)

The headline construction PMI nudged slightly lower in August following its strong bounce in July. At 44.3 it remains deep in contractionary territory, where it has languished since December 2024.

4th September 2026 · 1 min read

UK Economics Rapid Response

UK Money & Lending (Jul. 2026)

July’s money and lending figures show that the near-term outlook for the housing market is weak, households may have funded some of their spending in July by lowering their saving rate and borrowing...

1st September 2026 · 3 mins read

UK Housing Market Rapid Response

UK Nationwide House Prices (Aug. 2026)

The small rise in the Nationwide measure of house prices in August underlines the continued drag on buyers’ appetite from the previous rise in mortgage rates. Uncertainty over possible tax rises in...

1st September 2026 · 2 mins read

UK Housing Market Rapid Response

UK Lloyds House Prices (Jul. 2026)

The stagnation in the Lloyds measure of house prices (recently rebranded from Halifax) in July chimes with the message from the alternative Nationwide house price index that high mortgage rates...

7th August 2026 · 3 mins read

UK Commercial Property Rapid Response

S&P Global/CIPS UK Construction PMI (July 26)

There was a sharp rebound in the construction PMI in July, with the headline measure bouncing back to 44.7, not far off its average level in the first three months of the year. However, although we...

6th August 2026 · 1 min read

UK Housing Market Rapid Response

UK Nationwide House Prices (Jul. 2026)

The small 0.1% m/m rise in the Nationwide measure of house prices in July shows that higher mortgage rates since the start of the Iran war continued to constrain house price growth. And with the...

31st July 2026 · 2 mins read

UK Economics Rapid Response

UK Money & Lending (Jun. 2026)

June’s money and lending figures show that the near-term outlook for the housing market remains weak, households may be funding some of the decent spending in June by lowering their saving rate, and...

29th July 2026 · 3 mins read

UK Housing Market Rapid Response

UK Lloyds House Prices (Jun. 2026)

The modest rise in the Lloyds measure of house prices (rebranded from Halifax) in June suggests that the weak housing market may be starting to turn a corner. This will have further to go if the...

7th July 2026 · 2 mins read

UK Commercial Property Rapid Response

S&P Global/CIPS UK Construction PMI (June 26)

The construction sector appears to have stabilised in June as, after three straight months of falls, the headline CIPS construction PMI rose marginally, from 38.2 to 38.4. While that remains an...

6th July 2026 · 1 min read