england

Trump Wishes Johnson Speedy Recovery UK PM Boris Johnson is continuing his recovery from coronavirus this week at his official country residence, Chequers. While the PM is still not back on official government work, his deputy Dominic… Read More

Coming up on Thursday, we have important GDP data coming out of the UK. The Manufacturing PMI will follow. Both datasets are typically released 40 days after the month ends. Therefore, the statistics will not reflect the significant… Read More

There was quite some speculation that the BOE would suspend its regularly scheduled meeting due to the coronavirus. Several other central banks have done so, and the BOE has already taken pre-emptive action by cutting rates and… Read More

Unemployment Rate Remains At Lows Today, the Office for National Statistics released the latest UK earnings and employment data. It highlighted resilience in labor market conditions despite the ongoing uncertainty around Brexit. UK… Read More

If you’re feeling confused about the current Brexit landscape, you shouldn’t feel too bad. It appears that most leading UK politicians are equally as confused. As the UK continues to lurch towards the current April 12th Brexit deadline,… Read More

Employment Rises Despite the ongoing chaos and uncertainty around Brexit, UK labour market conditions remained firm. The latest data, covering the three months to December 2018, showed that the number of people in employment surged by… Read More

While many were focusing on the tabloid headlines which reported the government order to increase preparations for a no-deal Brexit, GBP was actually higher yesterday on reports that Theresa May is now just 20 votes away from gaining… Read More

Inflation Steady Over October The latest data from the Office for National Statistics showed that UK CPI inflation remained unchanged over October. Headline inflation printed 2.4%, missing analyst expectations of a 2.5% print while core… Read More

Theresa May is to meet with senior cabinet ministers at Downing Street today in a bid to secure approval for her revised draft Brexit agreement. If successful, it will then be passed to the EU for the scheduling of a November EU summit to… Read More

As expected, the Bank of England announced its unanimous decision today to keep rates unchanged at 0.75%. After raising rates last time around, the bank signaled that it was unlikely to raise rates again until after Brexit, given the… Read More