2013 outlook uk stuck with slow growth
The last year saw the UK mired in a double-dip recession until the Olympic boost helped the economy to finally achieve some growth.
The last year saw the UK mired in a double-dip recession until the Olympic boost helped the economy to finally achieve some growth.
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The UK is “clearly” at risk of being hit by a triple-dip recession and could be heading towards a Japanese-style "lost decade", business secretary Vince Cable claims.
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After the Autumn Statement, the ratings agencies asserted that the UK's AAA rating is even more at risk, to which Ian Kernohan now asks "So what?" as we will be in good company should we fall to AA+.
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UK manufacturing output dropped sharply during October, according to the latest data, heightening fears that the country is on the brink of a third recession.
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The UK appears to be closer to being stripped of its coveted AAA credit rating after the Autumn Statement confirmed the scale of the challenges facing the country.
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Manufacturing activity improved in the UK last month although the economy is still at risk of contracting over the fourth quarter, the latest purchasing managers’ index (PMI) shows.
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The US housing market, “where the problems all started”, is a bright spot in an otherwise BBB (brittle, bumpy and below-par) recovery, according to Schroders’ chief economist Keith Wade.
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Latest ONS data shows the Consumer Prices Index fell back slightly to 2.5% in August, but the fact remains that inflation has stuck above the Bank of England's 2% target for almost three years now.
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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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Neil Williams looks at the impact of all the various QE measures on UK GDP and inflation and hints at the Bank of England Governor leaving office at the end of the year with inflation finally back at its 2% target.
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Ouch! That wasnt expected. The UK recession has deepened further after a 0.7% fall in Q2, but what does that mean to investors?
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Fund houses are speeding up their distribution strategies and physical presence in non-UK, US and European countries so should you follow suit?
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