Data released by the Office for National Statistics earlier today showed the UK economy shrunk by 0.1% in October - a stark contrast to the expected increase of 0.1%. Sterling declined 0.3% against the dollar, and the two-year gilt yield fell 0.02%. This is the third month since Labour won the general election that the UK economy has fallen, piling pressure on a new government that had put growth at the centre of its election campaign. Find out what else has been shaking the markets this week: https://bit.ly/4fn8TgB #Investments #Inflation #UKEconomy
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📈 The UK economy is showing signs of recovery with 0.6% growth and interest rates dropping to 5%. As lending criteria ease and inflation slows, now is the time for businesses to secure financing before further changes. For more information, visit: https://lnkd.in/eJNZ-n9W #UKEconomy #InterestRates #Inflation
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UK GDP grows faster than expected at 0.7% in first quarter of 2024. Lindsay James. The UK economy has made a rebound following two consecutive quarters of negative growth, beating expectations. Check out Sorin-Andrei Dojan's latest article👇 https://incm.pub/3zuSN5k #investing #assetmanagement #wealthmanagement #finance
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⚡ UK GDP grew in January, largely thanks to an improvement in services output. But as our UK Chief Economist James Sproule warns, the outlook for the UK economy is choppy, and a consistent strong recovery picture is yet to emerge. 🔗 Read more here: https://lnkd.in/eTihYzyM #ukbusiness #ukeconomy
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⚡ UK GDP grew in January, largely thanks to an improvement in services output. But as our UK Chief Economist James Sproule warns, the outlook for the UK economy is choppy, and a consistent strong recovery picture is yet to emerge. 🔗 Read more here: https://lnkd.in/eTihYzyM #ukbusiness #ukeconomy
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📊 Despite the UK's inflation hitting a low since September 2021, half of UK small firms expect price hikes in the next three months, driven mainly by labour costs and uncertainties. David Bharier, Head of Research at the British Chambers of Commerce, remarks on the encouraging direction of inflation: "[The] figures confirm inflation is continuing to slowly head in the right direction, which bodes well for consumers and businesses alike. For tailored advice contact us https://lnkd.in/gR2hcQx7 #UKBusiness #Inflation #BusinessAdvice #UKEconomy #FinancialAdvice
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Conditions look favourable for positive economic growth over the next 18 months, with 2025 potentially looking to be a year of growth and business investment. Could the forthcoming Autumn Budget affect this optimism? Read Thomas Pugh's latest economic outlook below ⬇
Has the UK economy reached a goldilocks period? Even though inflation will drift up a little, the Bank of England will still cautiously lower interest rates, lowering borrowing costs for consumers and businesses. However, the Autumn budget could prevent what would otherwise be favourable conditions for continued growth. A large increase in taxes could reduce consumers' ability and willingness to spend. Similarly, a big rise in business taxes could weigh heavily on investment. Political stability, falling interest rates and enhanced confidence have made the economy as positive as we’ve seen it in recent years. So, between now and the Budget, businesses and consumers should continue to ride this current wave of growth and greater investment. Read our full analysis on how the UK’s economy has developed over the past quarter and how it could change in the coming months: https://lnkd.in/gP4jsAPR
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The forecast looks promising for those professional and business services firms with investment at the top of their agenda. Political stability, falling interest rates and growing demand is boosting business confidence and 2025 is looking to be a potential year of growth and investment. Read Tom Pugh’s full analysis on how the UK’s economy has developed over the past quarter and how it could change in the coming months below
Has the UK economy reached a goldilocks period? Even though inflation will drift up a little, the Bank of England will still cautiously lower interest rates, lowering borrowing costs for consumers and businesses. However, the Autumn budget could prevent what would otherwise be favourable conditions for continued growth. A large increase in taxes could reduce consumers' ability and willingness to spend. Similarly, a big rise in business taxes could weigh heavily on investment. Political stability, falling interest rates and enhanced confidence have made the economy as positive as we’ve seen it in recent years. So, between now and the Budget, businesses and consumers should continue to ride this current wave of growth and greater investment. Read our full analysis on how the UK’s economy has developed over the past quarter and how it could change in the coming months: https://lnkd.in/gP4jsAPR
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🚨 The UK economy had a weak third quarter, with annual growth of just 1.0% and quarterly growth of a meager 0.1%. 🛑 Although inflation dropped to 1.7% in September, the Bank of England remains cautious about further rate cuts, with no new reductions expected before 2025. ❓ So, despite efforts to stabilize public finances and improve global relations, economic recovery remains uncertain for the United Kingdom. Our specialists evaluate the further perspectives for London and indicate if there is any investment opportunity there: https://cutt.ly/zeLkfHYZ. #uk #inflation #growth #investments
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Has the UK economy reached a goldilocks period? Even though inflation will drift up a little, the Bank of England will still cautiously lower interest rates, lowering borrowing costs for consumers and businesses. However, the Autumn budget could prevent what would otherwise be favourable conditions for continued growth. A large increase in taxes could reduce consumers' ability and willingness to spend. Similarly, a big rise in business taxes could weigh heavily on investment. Political stability, falling interest rates and enhanced confidence have made the economy as positive as we’ve seen it in recent years. So, between now and the Budget, businesses and consumers should continue to ride this current wave of growth and greater investment. Read our full analysis on how the UK’s economy has developed over the past quarter and how it could change in the coming months: https://lnkd.in/gP4jsAPR
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Great insight from Thomas Pugh
Has the UK economy reached a goldilocks period? Even though inflation will drift up a little, the Bank of England will still cautiously lower interest rates, lowering borrowing costs for consumers and businesses. However, the Autumn budget could prevent what would otherwise be favourable conditions for continued growth. A large increase in taxes could reduce consumers' ability and willingness to spend. Similarly, a big rise in business taxes could weigh heavily on investment. Political stability, falling interest rates and enhanced confidence have made the economy as positive as we’ve seen it in recent years. So, between now and the Budget, businesses and consumers should continue to ride this current wave of growth and greater investment. Read our full analysis on how the UK’s economy has developed over the past quarter and how it could change in the coming months: https://lnkd.in/gP4jsAPR
