UK Economics Rapid Response UK Retail Sales & Halifax House Prices (Jul./Aug. 2025) The rises in retail sales volumes in July and the Halifax measure of house prices in August suggest the economy maintained some decent momentum early in Q3. The risk is talk of tax rises ahead of the... 5th September 2025 · 3 mins read
UK Commercial Property Rapid Response S&P Global/CIPS Construction PMI (Aug. 25) The headline CIPS construction PMI ticked up to 45.5 in August, from a five-year low in July. But that suggests construction activity is still contracting. Once again, a weak housing sector is... 4th September 2025 · 1 min read
UK Economics Rapid Response UK Money & Lending (Jul. 2025) July’s money and lending data show that interest rate cuts are yet to significantly boost economic activity and that the prospect of tax hikes in the Autumn Budget may be making households a bit more... 1st September 2025 · 3 mins read
UK Housing Market Rapid Response UK Nationwide House Prices (Aug. 2025) The unexpected fall in the Nationwide measure of house prices in August shows that the recovery in the housing market after the drag from the rise in stamp duty charges on 1st April is being held back... 1st September 2025 · 3 mins read
UK Housing Market Rapid Response UK Halifax House Prices (Jul. 2025) The rise in Halifax house prices in July provides another indication that the housing market is recovering following the end of the stamp duty holiday on 31st March. But the subdued economic backdrop... 7th August 2025 · 3 mins read
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
