FLASH: UK Labour Market Melt-Up into 2019
The LFS unemployment rate fell to 3.9% on rapid wage growth of 222k. Unusually elevated participation is temporarily exaggerating strength, and...
469 Views
FLASH: UK Denying No Deal Does Not Reduce Risk
The UK parliament voted to reject leaving with no agreement, as widely expected. Shambolic management around that looks set to force ministerial...
219 Views
UK Fiscal: Waiting While Brexit Burns
The Spring Statement revealed marginally more fiscal room and no significant policy changes, consistent with the Chancellor’s intent to downgrade...
215 Views
UK Politics: Intransigence Meets Incompetence
The government has lost its second attempt to secure support for its Brexit deal by 149 votes, versus 230 first time. A Wednesday vote is set to...
152 Views
FLASH: UK GDP Resurgence Raises 1Q19 Forecast
UK monthly GDP exceeded all expectations by surging 0.5% m-o-m in Jan-19. Construction rebounded by even more than I expected, as did...
88 Views