Tag Archives: UK

UK Recovery Threatened by Low Wages

Britain’s economy has been on the up over the last few months, with an improving employment picture and rosier growth prospects.

Analysts Remain Skeptical About UK’s Recovery

First, the good news – the UK has recorded its best annual growth since the credit crisis hit and now looks like the strongest economic recovery in Europe.

China: What rebalancing?

The Chinese economy ended 2013 with a real growth rate of 7.7%, the same as in 2012. While this more than met the government’s full-year target of 7.5%, growth was soft by historical standards,

Morning Report

Dollar dropped sharply overnight against yen and Europeans together with stocks and yields. DOW lost -176 pts, or -1.07% to close at 16197.35, at the lowest level in a month.

IMF Upgrades UK Growth Forecast to 2.4 Percent

The International Monetary Fund is widely expected to raise its outlook for the UK this week, nudging up the country’s growth forecasts by more than for any other major economy.

Morning Report

The markets are rather quiet in consolidative mode ahead of the weekend. DOW’s rebound lost momentum well ahead of the 16588.25 historical high and closed down -64.93 pts at 16417.01.

Risks & Drivers – Tapering our global growth forecasts

Positive growth signals continue to trickle out across the globaleconomy. The Eurozone economic recovery has stabilised, havingrecorded its second consecutive quarter of modest growth in Q3.

The Monetary Policy Committee today announced a £75bn expansion of its asset purchase programme. Although this was counter to the consensus (and our own) forecast of unchanged policy this month, the surprise was more in relation to timing as a move to expand QE within the next few months was widely expected (we had expected […]

UK manufacturing PMI better than expected in September

The manufacturing PMI was stronger than expected in September, increasing to 51.1 from an upwardly revised 49.4 previously (consensus/BarCap: 48.5). While at this level the index is consistent with only modest growth, the more significant fact about the September figure is that it comes after two months of falling activity and suggests that the state […]