GDP rebound strengthens case for UK rate hike
UK GDP is estimated to have grown 0.7% in the second quarter the Office for National Statistics said on Tuesday, up from 0.4% reported for Q1.
ONS
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BoE could spring interest rate surprise – Flanders
The Bank of England could spring an interest rate rise on markets sooner than expected, according to JP Morgan’s Stephanie Flanders.
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Feb noflation underlines UK rates tightrope
UK inflation fell to zero in February, the ONS reported on Tuesday, the lowest level on record.
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Great Recession shallower than previously thought
Royal London Asset Managements Ian Kernohan says despite new GDP numbers from the ONS RLAM still expects interest rates to rise very gradually in 2015.
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UK jobs numbers ups rates ante for BoE
According to the Office for National Statistics, the unemployment rate for the period between February to April 2014 improved to 6.6%.
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PA ANALYSIS changes to UK economy kerching
Thanks to changes in the way the UK economy is calculated, we are all better off than we thought we were so are happy days really here again?
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Manufacturing output up as UK recovery continues
Manufacturing output rose 1.9% in June, its strongest growth since 2010 and more than double the expected rate according to the Office of National Statistics.
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Hungry shoppers boost retail sales in May
Retail sales were up significantly in May, driven in large part by a 3.5% rise in supermarket food sales according to Office of National Statistics (ONS) data.
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UK economic woes government borrowing increases
Among many other organisations, the CBI and ONS have both revealed statistical reasons for us not to be cheerful about the ongoing state of the UK economy.
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UK GDP grows by a meagre 0.2%
Official data from the ONS show that UK GDP grew by just 0.2% in the first quarter of the year.
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CPI and RPI inflation figures remain flat in May
CPI inflation stayed at 4.5% in May and RPI at 5.2% as core inflation actually fell.
