Archive | Money Matters

Economic Review — March 2019

Interest Rates remain on hold Inflation Rate ticks higher Markets BREXIT Deadlock UK Economy stuck in low gear Interest Rates remain on hold The Bank of England (BoE) has once again left interest rates unchanged, whilst reaffirming its belief that near-term monetary policy will remain inextricably linked to Brexit. All nine members of the Monetary…

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Spring Statement – 2019

We have huge opportunities ahead of us The Economy Employment and Wages Public spending and technology Housing Environment Other news Closing comments Forthcoming consultations, reviews and regulations Personal taxation changes announced at the Autumn 2018 Budget “We have huge opportunities ahead of us” Chancellor of the Exchequer Philip Hammond stood up in Parliament at 12.43pm…

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Economic Review — February 2019

MPs secure no-deal BREXIT veto Chancellor receives timely defecit boost Markets Employment rises to new record high UK Economy suffers slowdown MPs secure no-deal BREXIT veto With less than four weeks until Brexit day, parliamentary gridlock means it remains unclear whether the UK will leave the EU as scheduled, or whether the Brexit process will…

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Economic Review – January 2019

Brexit clock ticking down UK growth at six-month low Markets UK consumers rein in spending Wage rises continue to outpace inflation Brexit clock ticking down Following another month of political shenanigans, it still remains distinctly unclear whether Theresa May will be in a position to deliver an orderly Brexit on 29 March 2019. Delivering Brexit…

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Economic Review – December 2018

What next in the BREXIT saga? Bank cuts UK growth forecast Markets Pay growth strongest for a decade Inflationary pressures ease What next in the BREXIT saga? With less than three months to the country’s scheduled EU departure, it remains unclear whether the UK will leave with an amicable deal, crash out with no deal…

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Economic Review – November 2018

Mays BREXIT D-Day looms BREXIT holds monetary policy key Markets Economy grows strongly but slowdown expected Mild Autumn hits retail sales Mays BREXIT D-Day looms After 20 months of negotiations Theresa May finally secured a deal on the terms of the UK’s departure from the EU; but whether she has sufficient parliamentary support for her…

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Economic Review

Economic Review – October 2018

Does the budget signal an end to austerity? OBR forecasts modest UK Growth profile Markets Wage growth strongest in almost a decade Business optimism falters amid BREXIT uncertainties Does the budget signal an end to austerity? Philip Hammond used his Autumn Budget Statement to declare: “the era of austerity is finally coming to an end”.…

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Autumn Budget October 2018

Philip Hammond, the Chancellor of the Exchequer, delivered a Budget which he declared “shows the British people that their hard work is paying off”. Mr Hammond was under intense pressure to loosen the purse strings. He did announce several new cash injections while suggesting that “the era of austerity is finally coming to an end”.…

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Economic Review – September 2018

Growth picks up but BREXIT fears loom large Retail sales rise strongly Markets Inflation rises to six month high Wage growth picks up over summer months Growth picks up but BREXIT fears loom large Although the UK economy recently recorded its fastest rate of growth in almost a year, Brexit-related uncertainties continue to cast a…

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Economic Review – May 2018

Bank of England expects economy to bounce back Labour market remains tight Markets Inflation drops to 13-month low Governor issues disorderly Brexit warning Bank of England expects the economy to bounce back Updated Bank of England (BoE) forecasts suggest the UK economy is set to bounce back in the second quarter of 2018, despite continuing…

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