UK Commercial Property Rapid Response

S&P Global/ CIPS UK Construction PMI (Jul. 25)

The headline CIPS construction PMI dropped back in July to 44.3, the lowest since May 2020 when COVID lockdowns impacted activity.

6th August 2025 · 1 min read

UK Housing Market Rapid Response

UK Nationwide House Prices (Jul. 2025)

The bigger-than-expected rebound in the Nationwide measure of house prices in July shows that the recovery in the housing market after the stamp duty-induced lull is underway. While the weak labour...

1st August 2025 · 3 mins read

UK Economics Rapid Response

UK Money & Lending (Jun. 2025)

June’s money and lending figures support wider evidence that the deteriorating jobs market has led to a rise in consumer caution as households have become a bit more cautious about spending. This...

29th July 2025 · 3 mins read

UK Housing Market Rapid Response

UK Halifax House Prices (Jun. 2025)

The stagnation in the Halifax house price index in June suggests that the housing market remains slow to recover from both the rise in stamp duty on 1st April and the weak economy. While there are...

7th July 2025 · 2 mins read

UK Commercial Property Rapid Response

S&P Global/ CIPS UK Construction PMI (Jun. 25)

The headline CIPS construction PMI rose for the fourth consecutive month in June to 48.8, a six-month high.

4th July 2025 · 1 min read

UK Housing Market Rapid Response

UK Nationwide House Prices (Jun. 2025)

The large fall in the Nationwide measure of house prices in June shows that the housing market is still struggling to recover from the combination of the stamp duty induced lull and the subdued...

1st July 2025 · 3 mins read

UK Economics Rapid Response

UK Money & Lending (May 2025)

Today’s money and lending data release supports wider evidence that activity was relatively soft in May. But with consumer confidence improving and real wages rising at a healthy clip, we still think...

30th June 2025 · 3 mins read

UK Housing Market Rapid Response

UK Halifax House Prices (May 2025)

The fall back in house prices on the Halifax measure in May increases the chances that more of the recent soft patch in the housing market is due to the subdued economy than the temporary effects of...

6th June 2025 · 3 mins read

UK Commercial Property Rapid Response

S&P Global/ CIPS UK Construction PMI (May 25)

The headline CIPS construction PMI rose for the third consecutive month in May, although the rise from 46.6 to 47.9 still suggests that construction activity is contracting. Within the headline figure...

5th June 2025 · 1 min read

UK Economics Rapid Response

UK Money & Lending (Apr. 2025)

April’s money and lending figures provided little indication that the US trade war and the deteriorating jobs market prevented consumers’ willingness to borrow and spend from rising. This supports our...

2nd June 2025 · 3 mins read

UK Housing Market Rapid Response

UK Nationwide House Prices (May 2025)

May’s 0.5% m/m increase in Nationwide house prices adds to the evidence that the recent soft patch for the housing market was a temporary blip rather than a longer-lasting downturn as a result of the...

2nd June 2025 · 3 mins read

UK Housing Market Rapid Response

UK Halifax House Prices (Apr. 2025)

The 0.3% m/m rise in Halifax house prices (consensus forecast -0.1% m/m, CE 0.0% m/m) provides tentative evidence that the falls in house prices are already in the past. That lends some support to our...

8th May 2025 · 3 mins read

UK Commercial Property Rapid Response

S&P Global/ CIPS Construction PMI (Apr. 25)

The headline CIPS construction PMI edged up to 46.6 in April, from 46.4 in March. That left the balance below 50 and consistent with a contracting construction sector.

7th May 2025 · 1 min read

UK Economics Rapid Response

UK Money & Lending (Mar. 2025)

March’s money and lending data suggest households were starting to spend more cautiously even before the full hit to consumer confidence from the heightened uncertainty caused by the new US tariffs...

1st May 2025 · 3 mins read

UK Housing Market Rapid Response

UK Nationwide House Prices (Apr. 2025)

April’s bigger-than-expected 0.6% m/m fall in Nationwide house prices (consensus forecast 0.0% m/m, Capital Economics -0.1% m/m) isn’t too surprising as most of it probably reflects home purchases...

30th April 2025 · 3 mins read