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Market Spotlight: UK Growth Flat In Feb Following IMF Warning
Market Spotlight: UK Growth Flat In Feb Following IMF Warning

UK Growth Stalls In FebOn the back of the IMF warnings earlier this week that the UK was at risk of being the worst performing economy in the G7 this year, today’s UK GDP figures for February offered...

UK Inflation Jumps, Casts Uncertainty Ahead of BOE
UK Inflation Jumps, Casts Uncertainty Ahead of BOE

UK Inflation Jumps in Feb The latest set of UK inflation figures has thrown a spanner in the works for the BOE ahead of tomorrow’s keenly awaited March rates meeting. Traders had been increasingly...

OECD Flags Fresh UK Growth Fears
OECD Flags Fresh UK Growth Fears

OECD Bearish on UK GrowthThe latest report from the OECD yesterday has cast further dark clouds over the UK economy. The group warned that the UK, the fifth largest global economy as of last year, is...

BOE Under Pressure As UK Inflation Hits 11.1%
BOE Under Pressure As UK Inflation Hits 11.1%

UK CPI Soars AgainThe latest UK economic data today makes for troubling reading. CPI was seen spiking higher to 11.1% in October, well above the 10.7% the market was looking for. Marking a full 1%...

Market Spotlight: UK Recession Fears Grow As Real Wages Fall Further
Market Spotlight: UK Recession Fears Grow As Real Wages Fall Further

Real Wages Falling The latest economic data out of the UK today has further heightened fears of a recession there. in the three months through August 2022, the unemployment rate was seen ticking back...

Market Spotlight: BOE Steps In To Tame Bond Market Chaos
Market Spotlight: BOE Steps In To Tame Bond Market Chaos

BOE Emergency Measures AnnouncedThe Bank of England yesterday was forced to take emergency action in the UK bond market, announcing £65 billion in purchases to be completed over the next 13 working...

Investment Bank Outlook 29-09-2022
Investment Bank Outlook 29-09-2022

BNY MellonBOE: Avoiding UK Mortgage MayhemThe Bank of England went to great lengths Wednesday to stress that its intervention in Gilt markets is purely a financial-stability-related operation. The...

Investment Bank Outlook 15-09-2022
Investment Bank Outlook 15-09-2022

BNY MellonMind The UK Consumption GapOn the face of things, the latest UK labour market data likely provides the Bank of England with some relief. Nominal incomes are still growing at a relatively...

Market Spotlight: New UK PM Announcement Due Today
Market Spotlight: New UK PM Announcement Due Today

Change In Leader to Be Announced Shortly UK citizens and traders alike are bracing for today’s announcement regarding the Conservative Party leadership contest. The contest, between Rishi Sunak and...