UK Economics Rapid Response

UK Money & Lending (Aug. 2024)

August’s money and lending data provide further evidence that the gradual improvement in credit demand and supply in response to the falls in lending rates is supporting the economy. But the Bank of...

30th September 2024 · 3 mins read

UK Housing Market Rapid Response

UK Nationwide House Price Index (Sep. 2024)

September’s 0.7% m/m rise in Nationwide house prices suggests that August’s 0.2% m/m fall was just a blip and that the recent falls in mortgage rates are supporting house prices. What’s more, the...

30th September 2024 · 3 mins read

UK Housing Market Rapid Response

UK Halifax House Prices (Aug. 2024)

The second consecutive monthly rise in the Halifax house price index in August supports our view that the fall in the Nationwide house price index in the same month was a blip and isn’t the start of...

6th September 2024 · 3 mins read

UK Commercial Property Rapid Response

S&P Global/CIPS Construction PMI (Aug 24)

The headline CIPS construction PMI edged back in August, but at 53.6 it remained in expansionary territory for the sixth consecutive month.

5th September 2024 · 1 min read

UK Economics Rapid Response

UK Money & Lending (Jul. 2024)

July’s money and lending data provide further evidence that a steady improvement in the flow and demand of credit is supporting the economic recovery. That said, credit growth is unlikely to...

30th August 2024 · 3 mins read

UK Housing Market Rapid Response

UK Nationwide House Price Index (Aug. 2024)

Despite the recent declines in mortgage rates, the small fall in the Nationwide house price index in August suggests affordability constraints on households continue to bite. But the further drop in...

30th August 2024 · 3 mins read

UK Housing Market Rapid Response

UK Halifax House Prices (Jul. 2024)

After three months of stagnation, the bigger-than-expected rise in the Halifax house price index in July provides further evidence that house prices are bouncing back from the slight rise in mortgage...

7th August 2024 · 2 mins read

UK Commercial Property Rapid Response

S&P Global/CIPS Construction PMI (Jul 24)

6th August 2024 · 1 min read

UK Housing Market Rapid Response

UK Nationwide House Price Index (Jul. 2024)

1st August 2024 · 4 mins read

UK Economics Rapid Response

UK Money & Lending (Jun. 2024)

June’s money and lending data provided a bit more evidence that the drag from higher activity is starting to fade, which supports our view that the economic recovery may be a bit stronger than most...

29th July 2024 · 3 mins read

UK Housing Market Rapid Response

UK Halifax House Prices (Jun. 2024)

As the first economic data release under a Labour government since 2010, the decline in Halifax house prices in June meant that Labour’s tenure got off to a slightly downbeat start. However, while we...

5th July 2024 · 2 mins read

UK Commercial Property Rapid Response

S&P Global/CIPS Construction PMI (Jun 24)

The headline CIPS construction PMI edged back in June from its two-year high last month, but at 52.2 remains in expansionary territory. Both the commercial and housing balances retreated, with the...

4th July 2024 · 1 min read

UK Economics Rapid Response

UK Money & Lending (May 2024)

May’s money and lending data provided a bit further evidence that the drag from higher activity is starting to fade. Together with our view that the Bank of England will cut interest rates from 5.25%...

1st July 2024 · 3 mins read

UK Housing Market Rapid Response

Nationwide House Prices (Jun. 2024)

Although house prices rose slightly in June, an earlier dip means they were flat on the quarter in Q2. With signs mortgage rates are causing demand to falter and that supply is improving, we think...

1st July 2024 · 3 mins read

UK Housing Market Rapid Response

UK Halifax House Prices (May 2024)

The slight decline in the Halifax house price index in May confirmed that the increase in mortgage rates since the start of the year has caused house prices to stall. Mortgage rates have continued to...

7th June 2024 · 3 mins read