UK: On Holiday from Retail
Post-holiday quarantine has overtaken the “pingdemic”, with more adults than ever forced into isolation. Further disruption is likely to return...
293 Views
UK: RIP Rapid Recovery
The UK’s rapid recovery phase ended in July, despite output languishing 2.4% below peak. Only the most depressed sectors even expanded, with most...
264 Views
Fresh USD Breaks
Further signs of USD weakness are coming through against major currencies. These all suggest there is still more USD weakness to be seen at least...
277 Views
UK: Retail Crashes into Pingdemic
The pingdemic crashed UK consumption in July and legal obligations still impact almost as many in mid-August. Households continue to signal...
284 Views
UK: Jobs-Rich First Half to 2021
The unemployment rate declined to 4.7% in Jun-21 on surprisingly jobs-rich growth. Wage growth in H1 was under 1.5%, which is less an inflationary...
123 Views