U.K. private sector activity expanded at its fastest pace in nearly two years during February, driven by a strong rebound in manufacturing output and a sustained recovery in new business, according to flash PMI data released on Friday. The S&P Global Flash UK Composite Output Index rose to 53.9 in …
Read More »U.K. Retail Sales Surge in January, Signaling Early-Year Consumer Resilience
U.K. retail sales posted a strong start to the year in January, significantly outperforming expectations and building on December’s gains, suggesting that consumers entered the new year with a greater degree of confidence than anticipated. According to data released Friday by the Office for National Statistics, retail sales volumes rose …
Read More »U.K. Growth Loses Momentum at End of 2025, Keeping Pressure on Bank of England
The U.K. economy expanded only modestly in the final month of 2025, reinforcing expectations that the Bank of England will remain under pressure to continue easing monetary policy as the new year unfolds. Data released on Thursday showed that gross domestic product grew by just 0.1% in December, marking a …
Read More »UK Business Activity Hits 21-Month High as Services Lead January Surge
Private sector activity in the U.K. expanded at its fastest pace in nearly two years in January, according to S&P Global’s latest flash PMI data, signaling a stronger start to 2026 for the economy. The composite PMI rose to 53.9 from 51.4 in December, marking the ninth straight month above …
Read More »U.K. Inflation Rises More Than Expected, Casting Doubt on February Rate Cut
Britain’s annual inflation rate climbed more than anticipated in December, reinforcing the case for caution at the Bank of England and raising doubts over whether policymakers will cut interest rates at their February meeting. Consumer prices rose 3.4% year-on-year, exceeding forecasts of 3.3% and edging higher from November’s 3.2%. While …
Read More »UK Jobs Market Softens as Wage Growth Slows, Reinforcing Case for BoE Rate Cuts
The United Kingdom’s labour market showed further signs of cooling in November, with unemployment holding at elevated levels while wage growth eased, strengthening expectations that the Bank of England will continue cutting interest rates in the months ahead. Data released on Tuesday by the Office for National Statistics showed the …
Read More »U.K. Economy Returns to Growth in November, but Outlook Remains Fragile
The U.K. economy returned to growth in November after a disappointing start to the fourth quarter, although the country’s economic prospects remain uncertain. Data from the Office for National Statistics showed that gross domestic product grew by 0.3% on the month, after contracting by 0.1% in October. On an annual …
Read More »UK Economy Posts Marginal Q3 Growth as Momentum Remains Fragile
Britain’s economy expanded by a modest 0.1% in the third quarter of 2025, official data showed on Monday, underscoring the persistent lack of momentum in the country’s economic recovery. The Office for National Statistics (ONS) confirmed that gross domestic product growth in the July-to-September period matched its preliminary estimate, coming …
Read More »U.K. Inflation Cools Sharply in November, Strengthening Case for BoE Rate Cut
The U.K.’s annual inflation rate fell sharply in November, reinforcing expectations that the Bank of England (BoE) could cut interest rates at its final policy meeting of the year later this week. Data showed consumer price inflation eased to 3.2% in November, down from 3.6% in October. While inflation remains …
Read More »Rising U.K. Unemployment and Slower Wage Growth Strengthen Case for BoE Rate Cut
The U.K. labour market showed further signs of cooling in October, reinforcing expectations that the Bank of England (BoE) will lower interest rates at its final policy meeting of the year later this week. Data released on Tuesday by the Office for National Statistics (ONS) showed that the unemployment rate …
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