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May 29, 2015 - Latest:

First quarter UK economic growth confirmed at just 0.3% as exports edged down

28 May 2015

Any hope of the UK’s first quarter economic growth being revised up have been dashed as official figures confirmed GDP grew by just 0.3% over the period. Economists had been [...]

UK economy rises by more than 100 fold in the past 250 years

28 May 2015

Britain’s economy is now 100 times bigger than it was some 250 years ago, when Taylors & Lloyds in Birmingham, which would go on to become Lloyds Bank, was founded. [...]

Confidence in consumer spending hit by election but not derailed

22 May 2015

Consumer spending confidence has dropped slightly but still remains near record highs.   The latest Lloyds Bank Spending Power Report shows that confidence took a backwards step last month after [...]

Why there is lots of potential upside to the weaker US dollar right now

21 May 2015

Matt Cobon, head of government and FX at Columbia Threadneedle Investments, outlines why he is rebuilding his US dollar risk position during this period of dollar weakness… We believe the [...]

Can currencies save economies?

21 May 2015

Much has been said of global currency wars in the past few years writes Stephanie Flanders, chief market strategist for Europe at J.P. Morgan Asset Management…  If there has been [...]

Latest eurozone PMI points to slowdown

21 May 2015

The latest economic indicators from the eurozone suggest growth across the currency union has slowed back down after the slight pick-up in the first three months of the year. May’s [...]

Barclays hit with record-breaking £1.53bn fine as banks’ total forex rigging bill reaches £4bn

20 May 2015

Barclays has been fined £1.53bn by the Financial Conduct Authority and US regulators for its traders’ part in fixing foreign exchange markets, while separate penalties for other banks took the [...]

CBI calls on business to speak up for importance of staying in EU

20 May 2015

The CBI is calling on businesses to “turn up the volume” on the importance of staying in the European Union. Speaking at a the organisation’s annual dinner this evening, Sir [...]

UK slips into deflation for the first time since the sixties

19 May 2015

The UK economy slipped into deflation for the first time since the 1960s, as the consumer price index fell by 0.1% in the year to April. This was compared to [...]

Why the market is probably into “injury time” on the great bond bull market

18 May 2015

Every now and then, markets deliver a wakeup call to question consensus and shake out lazy positioning in our view, a shake out from extreme levels explains a good deal [...]

Regions with low unemployment see house prices rise by almost £65,000 since the crisis

18 May 2015

Homeowners in local authorities with the lowest levels of unemployment have witnessed the value of their property jump by almost £65,000 since the trough of the last housing market cycle [...]

Over 50s workforce saving UK businesses the cost of lost sick days claims new research

14 May 2015

Britain’s more senior citizens and most experienced workers are also the most reliable when it comes to work claims a new report from insurance provider RIAS. The group’s research found [...]

Bank of England boss Mark Carney dismisses concerns over migrant workers

14 May 2015

Bank of England chief Mark Carney has rejected concerns that cheap foreign labour is hurting UK productivity according to a BBC News report. The worry comes of the back of [...]

Eurozone recovery is gaining momentum

13 May 2015

Azad Zangana, senior European economist at Schroders reflects on the eurozone GDP figures and what they mean for investors… The eurozone economies in aggregate grew by 0.4% in the first [...]

Employment climbs to record high, taking sterling up with it

13 May 2015

Employment jumped by 202,000 in the three months to March to a new record high of 31 million. Unemployment fell by 38,000 in the three months to March to a [...]

China – “the outlook is more nuanced than the pessimists argue”

11 May 2015

Some segments of the Chinese economy could see exceptional growth in a global context for some years to come and it can continue its transition to sustainable economic development argues [...]

Bank of England sits tight and keeps interest rates at 0.5%

11 May 2015

The Bank of England’s Monetary Policy Committee (MPC) has kept the cost of borrowing at its historic low of 0.5% for another month. While the Bank delayed announcing its interest [...]

China cuts interest rates as concerns persist over slowing economic growth

11 May 2015

The People’s Bank of China (PBOC) announced a 25bps cut for both China’s one-year benchmark lending rate and benchmark deposit rate, to 5.1% and 2.25%, respectively, effective Monday 11 May [...]

Experts views on the next political battle: EU referendum

8 May 2015

A majority government may have brought some stability to Westminster in the short-term but thoughts are already turning to an EU referendum and even a second vote on Scottish independence. [...]

10 tax rises we could see from the Tory government

8 May 2015

Another five years of Conservative rule will undoubtedly mean five more years of austerity, so where will the chancellor look to raise tax revenues?   Prime minister David Cameron has [...]

Experts view: what the election means for the economy

8 May 2015

The election outcome has come as a shock to everyone, including voters, politicians and markets.   The FTSE and sterling rallied this morning as it became clear by early morning [...]

What Neil Woodford thinks about the election result

8 May 2015

Star fund manager Neil Woodford has welcomed the election result but warned that a majority Tory government will not be a quick fix for the economy.   Woodford, head of [...]

FTSE 100 jumps after shock election result

8 May 2015

The FTSE 100 opened 138 points higher this morning as the Tories push towards a shock majority after a tense election night.   The blue chip index moved up 2.1% [...]

Sterling soars as Tories inch towards surprise majority

8 May 2015

Sterling has rallied on the prospect of a majority Conservative government surprises investors.   As the final votes are counted, pollsters are predicting the Tories are on track to win [...]

General Election 2015: Uncertainty is the only certainty…

7 May 2015

It is very difficult for even veteran pollsters or political observers to make a prediction on the outcome of the General Election with any degree of certainty writes Peter Toogood, [...]

Eurozone: Springing into recovery?

7 May 2015

Azad Zangana, senior European economist at Schroders looks at the current state of the eurozone economy… Europe is getting back on track. The unclogging of the banking sector marked the turning point [...]

The view on sterling and the election – volatility but no clear direction

6 May 2015

Ugo Lancioni, Portfolio Manager, Global Fixed Income and Currency at Neuberger Berman gives his view on the UK and the election. The U.K. is about to vote in one of [...]

Eurozone edges out of deflation but the threat of falling prices still looms

30 April 2015

The Eurozone has managed to pull itself out of deflation with consumer price inflation rising from March’s -0.1% to 0% in April, according to a flash estimate from Eurostat, the [...]

Forget about deflation and inflation – this is the year of ‘noflation’

30 April 2015

The UK’s official inflation rate stayed at 0% in March, unchanged from February’s reading, with falls in clothing and gas prices countering a rise in petrol and food. The figure [...]

Growth rate halves to lowest level in two years

28 April 2015

As official figures reveal that the rate of economic growth halved to 0.3% in the three months to the end of March, the experts share their views on what it [...]

Election barometer predicts 60% chance of Miliband becoming next PM

28 April 2015

With just nine days until the general election, IG clients predict there is a 60% chance of Ed Miliband becoming the next Prime Minister. The online trading platform says that [...]

Britain near bottom of the European Union league for underemployment

27 April 2015

New data published this week by Eurostat, the statistical office of the European Union (EU), has placed the UK in 23rd place out of 28 for its record on underemployment. [...]

Zero-hours contracts just the “tip of the iceberg” claims the TUC

27 April 2015

Zero-hours contracts are “just the tip of the iceberg” when it comes to low-paid and insecure jobs claims new analysis from the Trade Union Congress (TUC). The report showed that [...]

Ashmore’s Jan Dehn: The failure of QE‏

27 April 2015

Jan Dehn, head of research at Ashmore discusses why Quantitative Easing (QE) is failing as instead of funneling funds into the real economy, the policy is inflating bubbles in both [...]

“None of the above” – Psigma Investment Management on Election 2015

27 April 2015

If you hadn’t noticed, there is an election coming up in the UK and it is already getting seriously boring Writes Psigma Investment Management chief investment officer Tom Becket… I [...]

Retail sales unexpectedly drop back during March

23 April 2015

Markets were greeted with the unexpected news on Thursday that retail sales dipped 0.5% month-on-month in March. While the result was chiefly on the back of a sharp drop in [...]

Fall in eurozone PMIs highlights Greek threat to growth in the region

23 April 2015

A drop in the eurozone composite Purchasing Managers’ Indices (PMIs) during April has heightened fears that Greece might already be starting to dampen growth in the region. The decline in [...]

First rate rise expected in early 2016, say experts

22 April 2015

Members of the Bank of England’s rate-setting committee voted unanimously to keep interest rates on hold at 0.5%, the latest minutes reveal. Howard Archer, chief UK and European economist at [...]

China stimulus rolled out as growth stalls

20 April 2015

Craig Botham, emerging markets economist at Schroders, comments on the Chinese data announced over the weekend… “A data-heavy week in China was capped by a larger-than-expected 100 basis points (bps) [...]

UK economy will grow by 2.8% in 2015 claims latest EY Item Club forecast

20 April 2015

Ultra low inflation coupled with a strengthening Eurozone should help the UK economy navigate through any election uncertainties and achieve 2.8% GDP growth in 2015 according to the latest EY [...]

UK unemployment falls to pre-crisis levels

17 April 2015

UK unemployment has fallen to its lowest rate since before the financial crisis.   According to figures published by the Office for National Statistics (ONS), the rate of unemployment in [...]

Investors should prepare “to take advantage of the fallout” from US Federal Reserve’s inevitable rate rise

16 April 2015

Investors should prepare a defensive portfolio and to be ready to take advantage of the imminent significant opportunities that will likely present themselves writes Tom Elliott international investment strategist at [...]

Inflation stays at zero in March: what it means for savers, spenders and investors

14 April 2015

Consumer price inflation remained at zero in March, confounding speculation that the UK might enter deflation for the first time since 1960. Lower utilities, clothing and transport costs kept the [...]

Is “manifesto week” ushering in the death of simple saving?‏

13 April 2015

Tom Stevenson, investment director at Fidelity Personal Investing argues that the current scramble for votes is making personal finance a minefield of complexity… The recent direction of travel for pension [...]

Hiring intentions across UK firms hit “sky-high” levels despite flat productivity

13 April 2015

Hiring intentions across British companies are at “sky-high” levels but worries remain over the strength of productivity a new analysis from accountants and business advisers BDO LLP has found. In [...]

Sterling at five-year low against dollar on UK slowdown fears

10 April 2015

The pound has hit a new five-year low against the dollar as figures from the Office of National Statistics (ONS) warned the recovery was slowing in the run up to [...]

Greece has just six days to come up with new reforms to seal next bailout

9 April 2015

The eurozone has warned that Greece has just six working days to drum-up a new list of reforms if it is to agree a deal on its next bailout. According [...]

Six million Britons borrow money to pay for food

9 April 2015

Some 12% – a massive six million Britons borrowed money to cover their grocery bills last month, according to research from the Debt Advisory Centre. Notably, similar research carried out [...]

Bank of England holds interest rates at 0.5%

9 April 2015

The Bank of England’s Monetary Policy Committee (MPC) avoided any pre-election shock today and voted to keep the cost of borrowing at 0.5% for at least another month. March marked [...]

UK trade deficit widens in February on the back of falling exports

9 April 2015

Britain’s trade deficit widened by more than anticipated in February as exports fell markedly according to figures from the Office for National Statistics (ONS). Official numbers show that the total [...]

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