‘Economy buckling under strain of rate rises’: UK GDP falls 0.5% in July
The slide was much greater than forecasts of 0.2%
The slide was much greater than forecasts of 0.2%
Joblessness edged up by 0.1% in August to 4.3%
The Bank hiked by 0.25% to a rate of 5.25%
Key events for UK wealth managers for the week starting 17 July
The economy contracted by 0.1% in May
Bank of England ‘to remain in hiking mode’ following UK unemployment data
Former Lloyds Bank chief economist shares his views on UK economy at Responsible Pathway
April’s figure represents a reversal of the decline seen in March
The proportion of people out of work in the UK has risen to 3.9%
High food costs have counterbalanced price falls elsewhere in the economy
Flatlining economy adds to likelihood interest rates have peaked
Industry commentators remain unconvinced by October’s 0.5% rise