Filtered by Subscriptions: UK Economics Use setting UK Economics
This report is only available as a PDF. Click to download. … UK Consumer Prices (Jun.) …
14th July 2008
The ONS measure of core CPI inflation does not exclude all elements of food and energy prices in th CPI and is therefore likely to rise alongside energy and food prices. There is a danger, then, that the MPC is misled by any rise in “core” inflation and …
This report is only available as a PDF. Click to download. … Housing adjustment gathering speed …
This report is only available as a PDF. Click to download. … Producer Prices (Jun.) …
13th July 2008
Industrial action by the likes of Shell and local government workers has fuelled fears of a return to the mass strikes and soaring pay of the 1970s. However, the labour market looks fundamentally different now, with trade union membership now only …
10th July 2008
This report is only available as a PDF. Click to download. … Halifax House Price Index (June) …
The MPC’s inaction today in the face of a torrent of dreadful news on the economy underlines the extent to which its hands are tied by the current strength of inflation pressures. There is little it can do to prevent the economy from sliding towards …
This report is only available as a PDF. Click to download. … UK Trade & BoE Quoted Interest Rates (May/Jun.) …
8th July 2008
Retailers face a double-squeeze on revenues over the next few years. Overall consumer spending growth is clearly set to slow sharply. But in addition, the retail sector is set to continue to take a decreasing share of the total amount of cash consumers …
The steep falls in equity prices seen over recent weeks have brought the UK stockmarket back into line with consensus expectations for the economy. But with those expectations very likely to weaken further over the coming months, equities’ adjustment may …
This report is only available as a PDF. Click to download. … UK BCC Economic Survey (Q2) …
This report is only available as a PDF. Click to download. … Recession moves closer …
7th July 2008
This report is only available as a PDF. Click to download. … UK Industrial Production (May) …
6th July 2008
An interest rate cut is desperately needed to support the rapidly deteriorating economy. But inflationary pressures continue to tie the Monetary Policy Committee’s hands. The chances of an interest rate rise have receded significantly. But with a rate cut …
3rd July 2008
This report is only available as a PDF. Click to download. … UK CIPS/RBS Services (Jun.) & Credit Conditions Survey (Q2) …
The fall in the UK exchange rate over the last six months has been broadly similar in scale to that seen after the pound fell out of the ERM in 1992. But while this should eventually lead to a period of better-balanced growth like that in the mid-1990s, …
2nd July 2008
This report is only available as a PDF. Click to download. … Housing Equity Withdrawal (Q1) …
We have been more concerned than most forecasters about the outlook for the UK economy and, in particular, the prospect of an abrupt unwinding of the various imbalances that have built up over the last decade or so. But recent news has suggested that …
The news on the housing market over the last month has simply been dire. The Nationwide recorded its eighth consecutive fall in house prices in June, leaving prices some 8% below their autumn peak. And the collapse in the number of mortgage approvals to …
1st July 2008
This report is only available as a PDF. Click to download. … Nationwide house prices (June) …
This report is only available as a PDF. Click to download. … UK CIPS/RBS Report on Manufacturing (Jun.) …
30th June 2008
This report is only available as a PDF. Click to download. … UK Household Borrowing (May) & Cons. Confidence (Jun.) …
This report is only available as a PDF. Click to download. … MPC changes its tune on inflation expectations …
This report is only available as a PDF. Click to download. … National Accounts & Balance of Payments (Q1) …
26th June 2008
The fact that wages growth has not yet responded to the rises in inflation seen over the last year or so is encouraging given that in the 1970s wages growth began to pick up just a few months after inflation started to rise. We’re not out of the woods …
25th June 2008
This report is only available as a PDF. Click to download. … UK CBI Distributive Trades Survey (Jun.) …
24th June 2008
The current economic climate is increasingly being compared to the inflationary years of the 1970s and early 1980s. But a quick look at what actually happened back then suggests that the UK economy is now markedly different and that the latest inflation …
The corporate sector is arguably better placed to weather the economic downturn than either the household or public sector. Nonetheless, profits, investment and employment are all likely to fall outright, meaning that companies will not be able to replace …
23rd June 2008
This report is only available as a PDF. Click to download. … Pay fears to prove overdone… again …
Any signs that the rise in inflation is prompting a general pick-up in pay growth could trigger an interest rate hike from the Monetary Policy Committee (MPC). So far, though, there have been no such indications. And we think that wage growth will remain …
This report is only available as a PDF. Click to download. … Letter-writing regime makes MPC’s job even harder …
If yesterday’s retail sales figures are to be believed, consumers intend to keep spending no matter what. But with the squeeze on their real incomes set to intensify, households would need to run their saving rate into negative territory to maintain their …
20th June 2008
The better weather no doubt boosted sales of clothing and seasonal ranges in May, but the 3.5% rise in the official measure of retail sales volumes looks pretty implausible. Although some of the survey evidence had improved in May, none of it pointed to …
19th June 2008
This report is only available as a PDF. Click to download. … UK Retail Sales (May) …
18th June 2008
This report is only available as a PDF. Click to download. … MPC Minutes (Jun.) …
In recent months, the housing market correction has gathered momentum. The economy is also poised for three years of sub-trend growth and unemployment looks set to reach a 12-year high. We believe that house price falls will be extended into 2010 and, as …
17th June 2008
This report is only available as a PDF. Click to download. … CBI Monthly Trends (Jun.) …
