U.K. Key Issues
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Our Chief U.K. Economist, Samuel Tombs, regularly appraises how the economy is coping with the prospect of Brexit in the U.K Monitor, Datanotes and Chartbook. Here, we have highlighted some recent, key reports.
The vote in the House of Commons today on whether MPs should effectively take control of Brexit negotiations, if Theresa May can't strike a deal by mid-January, looks finely balanced.... More by Samuel Tombs
The MPC emphasised yesterday that its faith that interest rates need to rise further has not been shaken by recent downside data surprises.... More by Samuel Tombs
The MPC was relatively bullish on the outlook for households' spending when it signalled its view, in February's Inflation Report, that the case for raising interest rates before the end of this year had strengthened.... More by Samuel Tombs
Britain's housing market appears to be going from bad to worse.... More by Samuel Tombs
With little reason to doubt that interest rates will remain at 0.50% on Thursday, focus has turned to what signal the MPC will give about future policy, via its economic forecasts and commentary.... More by Samuel Tombs
The failure of the Markit/CIPS services PMI to rebound fully in April, following its fall in March, provides more evidence that the economy is in the midst of an underlying slowdown.... More by Samuel Tombs
The pressure on Theresa May from Brexiteers within her own party intensified yesterday, when 60 Conservative MPs signed a letter arguing that they could not back a proposal for a "customs partnership".... More by Samuel Tombs
Evidence that U.K. asset prices still are depressed by Brexit risk has become harder to find.... More by Samuel Tombs
The Prime Minister told the public to "face up to some hard facts" about Brexit in her speech on Friday, but she still clung to an unachievable vision of what Britain can hope to achieve.... More by Samuel Tombs
Sterling fell to $1.38, from $1.39, in the hour following the EU's publication of a draft Article 50 withdrawal treaty, which set out the practical consequences of the principles the U.K. agreed to in December.... More by Samuel Tombs
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