UK economic growth forecast upgraded SFFS Economic Review_Sep 24 Download your copy here An updated forecast published last month by the Organisation for Economic Co-operation and Development (OECD) suggests the UK will be the joint-second fastest growing economy among the G7 nations this year. According to the OECD’s latest projections, the UK economy is set … Continued
UK growth stronger than expected SFFS Economic Review_July 24 Download your copy here Figures released last month by the Office for National Statistics (ONS) showed the UK economy grew faster in May than had been predicted, while survey evidence points to a more recent post-election pick-up in business activity. The latest gross domestic product (GDP) … Continued
Prospect of rate cut moves closer. SFFS Economic Review_June 24 Download your copy here While last month once again saw the Bank of England (BoE) leave interest rates unchanged at a 16-year high, the minutes to the Bank’s Monetary Policy Committee (MPC) meeting signalled a notable change in tone and economists now view a rate … Continued
Download your copy here On 6 March, Chancellor of the Exchequer Jeremy Hunt delivered his Spring Budget to the House of Commons declaring it was “a Budget for long-term growth.” The fiscal update included a number of new policy measures, such as a widely-anticipated reduction in National Insurance, abolition of the non-dom tax status and … Continued
Survey suggests recession already over Download your copy here Official statistics released last month showed the UK economy fell into recession during the second half of last year, although more recent survey data does suggest the recession could already be over. The latest gross domestic product (GDP) figures published by the Office for National Statistics … Continued
UK economy rebounds in November Download your copy here Official statistics show the economy returned to growth in November, although analysts believe it remains a close call as to whether or not the UK will once again manage to avoid a recession. Figures released last month by the Office for National Statistics (ONS) showed the … Continued
Preparing portfolios for resilience in 2024 Download your copy here The past few years have been challenging for investors with a series of unforeseen events and rising geopolitical tensions weighing heavily on global markets and, as a new year dawns, many issues remain unresolved. However, while such times are disconcerting for investors, the best way … Continued
Download your copy here The Bank of England (BoE) Governor has described the latest batch of inflation statistics as “quite encouraging,” adding that he expects a “noticeable drop” in the headline rate when the next set of data is released later this month. Figures recently published by the Office for National Statistics (ONS) revealed that … Continued
Download your copy here. Rate-hike pause as inflation dips Last month, the Bank of England announced a pause in its long run of interest rate rises following an unexpected dip in the UK headline rate of inflation and ‘increasing signs’ that higher rates were starting to hurt the real economy. Following its latest meeting, which … Continued
Download your copy here UK growth rate exceeds expectations The latest gross domestic product (GDP) statistics revealed that the UK economy grew more strongly than expected in June, although more recent survey data does suggest a renewed contraction looks ‘inevitable.’ Official data released last month by the Office for National Statistics (ONS) showed the economy … Continued