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Autumn Statement: short-term gain, medium-term loss

The Autumn Statement included several measures that are welcome news for businesses, but the medium-term outlook looks less positive.
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Building a resilient economy, plus self assessment deadlines

Building a resilient economy, plus self assessment deadlines
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United Kingdom , Economies Director , Mei Lim Cooper , Technical Manager ,

Sticky May inflation makes interest rate rise inevitable

Official data reveals that UK inflation remained unchanged in May, with rising costs in air travel, goods, and services offsetting falls elsewhere. ....

United Kingdom , Office For National Statistics , National Statistics , Consumer Prices Index , Suren Thiru , Economies Director ,

Interest rate overcorrection raises recession risk

Surprise 50 basis point hike lifts interest rates to 15-year high as mortgage bills and operating costs continue to spiral. ....

United Kingdom , Catherine Mann , Silvana Tenreyro , Megan Greene , Jon Cunliffe , Dave Ramsden , Andrew Bailey , Swati Dhingra , Ben Broadbent , Jonathan Haskel , Economist For The Kroll Institute , England Monetary Policy Committee , Monetary Policy Committee , Huw Pill , Global Chief Economist , Kroll Institute , Suren Thiru , Economies Director ,

Economy treads water despite GDP rebound

Latest official estimate confirms that the UK economy returned to growth in April following service sector rebound but industrial and construction output fell. ....

United Kingdom , Office For National Statistics , National Statistics , Suren Thiru , Economies Director ,