U.K. Key Issues
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For now, the U.K. government still insists that the Brexit transition period will end in December, regardless of whether a new trade deal has been negotiated with the E.U. or not.... More by Samuel Tombs
Unconventional indicators of economic activity suggest that the recovery from the Covid-19 shock is gathering momentum.... More by Samuel Tombs
Speculation that the MPC will abandon its aversion to negative rates has increased, following recent comments by Committee members.... More by Samuel Tombs
A decade of public deficit reduction was fully reversed in April, as the coronavirus tore through the economy.... More by Samuel Tombs
We're placing less weight than usual on conventional business surveys at the moment, as they are ill-suited to charting the economy's turnaround from the Covid-19 slump.... More by Samuel Tombs
CPI inflation took a big step in April towards the near-zero rate we anticipate by the summer.... More by Samuel Tombs
We hope never to see another labour market report as bad as yesterday's, though the omens aren't good.... More by Samuel Tombs
April's consumer prices report, released on Wednesday, likely will show that CPI inflation plunged and is heading quickly to a near-zero rate by the summer.... More by Samuel Tombs
This week's labour market report--primarily reflecting conditions in March, though some data refer to April--will lift the veil on the initial economic damage from Covid-19, though the full horror will emerge only later.... More by Samuel Tombs
April's RICS Residential Market survey confirmed that housing market activity collapsed to negligible levels during the lockdown, which prohibited property viewings, depleted the work forces of lenders and prompted many people to defer big financial decisions.... More by Samuel Tombs
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