UK Commercial Property Rapid Response

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

The headline CIPS construction PMI fell by nearly 6%-pts in April to 39.7, its lowest reading since November. Meanwhile, the input prices index again climbed sharply, reaching 81.4, now more than 20%...

7th May 2026 · 2 mins read

UK Economics Rapid Response

UK Money & Lending (Mar. 2026)

March’s money and lending figures imply households may be willing to absorb some of the blow to their real incomes caused by the leap in energy prices by borrowing more and saving a smaller share of...

1st May 2026 · 3 mins read

UK Housing Market Rapid Response

UK Nationwide House Prices (Apr. 2026)

The surprisingly strong rise in the Nationwide measure of house prices in April shows that house prices have continued to gain momentum despite the falls in consumer confidence and the rise in...

1st May 2026 · 2 mins read

UK Commercial Property Rapid Response

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

The headline CIPS construction PMI saw a surprising tick higher in March. But with the input price index climbing precipitously and new orders and future business expectations dropping back, it’s...

8th April 2026 · 2 mins read

UK Housing Market Rapid Response

UK Halifax House Prices (Mar. 2026)

The fall in the Halifax measure of house prices in March chimes with the renewed drop in buyer sentiment in February’s RICS housing market survey. As the Halifax index is based on mortgage approvals...

8th April 2026 · 3 mins read

UK Housing Market Rapid Response

UK Nationwide House Prices (Mar. 2026)

The big rise in the Nationwide measure of house prices in March suggests that, so far at least, house prices are proving resilient to the leap in mortgage rates since the start of the Iran war. But we...

31st March 2026 · 3 mins read

UK Economics Rapid Response

UK Money & Lending (Feb. 2026)

The subdued growth rates of the money supply ahead of the Iran war suggest the burst of inflation triggered by higher energy prices is more likely to be short-lived rather than long-lasting.

30th March 2026 · 3 mins read

UK Housing Market Rapid Response

UK Halifax House Prices (Feb. 2026)

The 0.3% m/m rise in the Halifax measure of house prices in February provides further evidence that the recent improvement in the housing market has continued. We think housing will pick-up further...

6th March 2026 · 3 mins read

UK Economics Rapid Response

UK Money and Lending (Jan. 2026)

January’s money and lending data support other evidence that suggests the economy strengthened at the start of the year. The growing risk is that an inflationary shock from the events in the Middle...

2nd March 2026 · 3 mins read

UK Housing Market Rapid Response

UK Nationwide House Prices (Feb. 2026)

The 0.3% m/m rise in the Nationwide measure of house prices in February suggests that the improvement in the housing market and the wider economy at the turn of the year has been sustained. The...

2nd March 2026 · 3 mins read

UK Housing Market Rapid Response

UK Halifax House Prices (Jan. 2026)

The 0.7% m/m rebound in the Halifax measure of house prices in January suggests the housing market started 2026 on a stronger footing than the 0.3% m/m rise on the Nationwide index implied. We think...

6th February 2026 · 3 mins read

UK Commercial Property Rapid Response

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

The headline CIPS construction PMI leapt to 46.4 in January, a level broadly in line with September 2025 after three particularly weak months at the end of 2025. Nevertheless, that kept the index in...

5th February 2026 · 1 min read

UK Housing Market Rapid Response

UK Nationwide House Prices (Jan. 2026)

Although Nationwide house prices rose by 0.3% m/m in January, that only partially reversed December’s fall and means there is little evidence of a post-Budget rebound in house prices. Even so, we are...

2nd February 2026 · 3 mins read

UK Economics Rapid Response

UK Money & Lending (Dec. 2025)

December’s money and lending data suggest that households’ caution with their borrowing and saving hasn’t gone away, reinforcing our view that consumer spending will underperform the consensus...

30th January 2026 · 3 mins read

UK Housing Market Rapid Response

UK Halifax House Prices (Dec. 2025)

The 0.6% m/m fall in the Halifax measure of house prices in December was the biggest monthly fall since August 2023, chimes with the 0.4% m/m fall in the Nationwide release last week and confirms that...

8th January 2026 · 3 mins read