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The British Pound Sterling is the official currency of The United Kingdom.
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bullish
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Macroeconomics
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17 Jan 2023 20:25
UK: Workers Demand Forceful Tightening
The UK unemployment rate remained at 3.7% and no longer looks likely to rise into yearend. Pay trends are inconsistent with the inflation target,...
Phil Rush
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299 Views
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bearish
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Macroeconomics
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18 Nov 2022 18:11
UK: Retail Rebounds to Still-Bleak Trends
Retail sales rebounded with working days after the Queen’s funeral. It also appeared to draw support from Amazon’s Prime Early Access sale. Rate...
Phil Rush
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357 Views
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bearish
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Macroeconomics
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15 Nov 2022 18:22
UK: Labour Fits the Fall Season
The UK unemployment rate surprisingly jumped to 3.6% in Sep-22. An earlier turn means it tracks a rise about 0.1pp above the BoE view. We still see...
Phil Rush
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299 Views
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bearish
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Macroeconomics
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11 Nov 2022 01:38
UK: Housing Market Skids Toward a Crash
Surveys confirm anecdotal evidence of a severe shock hitting the UK housing market. We now assume a 5% price decline but see the market on the cusp...
Phil Rush
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363 Views
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bearish
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Macroeconomics
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21 Oct 2022 19:20
UK: Retail Mourns Funeral with Closures
A worse retail crash for the state funeral holiday cut another tenth from our Sep-22 GDP forecast to -0.4% m-o-m but leaves Q3 at -0.5% q-o-q in...
Phil Rush
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195 Views
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