Inflation defies slowdown forecast to hit 2.1% 15th August 2019. Inflation in Britain accelerated to 2.1% in July, driven by rises in the prices of computer games, toys, hotel rooms, clothing and shoes. Economists had expected annual inflation to drop

Markets falling again. 14th August 2019. Shares tumbled today as investors were spooked after the UK and US Yield curves inverted. The yield on the benchmark 10-year Treasury note on Wednesday broke below the 2-year rate, an odd bond market

Income and wellbeing up, but consumers fear for the economy 13th August 2019. Despite household income rising and scores for wellbeing increasing, British consumers fear for the economy in general, with worries over rising unemployment at a six-year high and

Services growth sees recession fears recede. 7th August 2019. Britain’s strong services sector unexpectedly jumped up in July, stronger than expected services growth means the economy looks set to avoid an immediate recession (hard Brexit aside), offering a boost after

Bank of England cuts growth forecast on Brexit uncertainty and trade tension The Bank of England has forecast a 30% chance that the UK economy will shrink at the start of 2020, amid growth of just 1.3% this year and