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The MPC now thinks CPI inflation could exceed 3% this year, with the risk of an even bigger overshoot of the BoE’s 2% target. However, the...
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May’s PMIs delivered a set of record, or near-record, high readings. Whileactivity may not be quite as heated as the surveys suggest, all the...
UK wages have recently grown at a pace not seen for over a decade. But rather than a sign of nascent inflationary pressure, changes in the makeup...
While the economy shrunk in Q1, the fall was smaller than feared. And the quarter ended with evidence of activity building momentum even before a...
At May’s MPC meeting the committee revised up its forecast for GDP growth in 2021 significantly and laid out its plans to slow the pace of asset...
Recent survey and high-frequency data have boosted hopes that the economy is in the early stages of a strong rebound as lockdown ends. Positively,...
Reflecting recent positive developments, we think the MPC will vote unanimously to keep policy on hold in its May meeting. It will likely also push
A win for pro-independence parties at Scottish elections on May 6 will put Scotland’s exit from the UK back on the political agenda. But in our...
Although February saw GDP make only a modest advance in exiting a Covidshaped hole, the month’s 0.4% m/m rise in output should herald the start of...
Q4’s national accounts revealed GDP falling not quite as far short of pre-Covid levels as previously believed. And a reversion of end-2020’s...
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