UK retail sales: December decline shows economy ‘is not out of the woods’
Volumes fell 3.2% in December despite expectations of a minor 0.3% decline
Macro News
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Inflation upside surprise a ‘bitter pill to swallow’ for BoE
Tobacco and alcohol prices contributed to the 0.1% increase on November’s 3.9% CPI figure
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Diversity Project expands Pathway programme as women fund managers share success stories
The Diversity Project Pathway programme helps to develop female portfolio managers of the future
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UK annual wage growth falls below estimates to 6.6%
60 basis points below the ONS’s growth figures released last month
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Weekly outlook: Ocado and Burberry post quarterly results
Key events for UK wealth managers for the week starting 15 January
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Momentum: Seven risks for investors to watch for in 2024
Inflation, consumer resilience, and China among concerns
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US inflation ticks up 0.3% in December: Could interest rate cuts be pushed back?
Industry experts comment on CPI rise
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Weekly Outlook: M&S results and US inflation
Key events for UK wealth managers for the week starting 8 January
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Royal Mint sees 7% uptick in investors
77% invested in ‘fractional’ products
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A ‘Christmas present’ for the economy: Inflation plunges to 3.9%
Well below 4.4% consensus forecast
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Morningstar: European-domiciled funds pull in €13bn of net inflows for November
BlackRock, State Street, and Vanguard bring in largest net flows
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EU inflation slides to brink of target at 2.4%
Dip greater than consensus forecasts of 2.7%
