U.K. Document Vault
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The Prime Minister appears set to have one more go at getting the House of Commons to ratify the Withdrawal Agreement today.... More by Samuel Tombs
Gilt yields have tumbled, with the 10-year sliding to just 1.0%, from 1.2% a week ago.... More by Samuel Tombs
The mortgage market still is defying gravity. U.K. Finance initially reported yesterday that house purchase mortgage approvals by the main high street banks collapsed to 35.3K in February, from 39.6K in January.... More by Samuel Tombs
Brexit risk currently is only depressing Capex....Rates need to rise to contain wage cost pressures... More by Samuel Tombs
Speculation that another general election is imminent has intensified in recent weeks.... More by Samuel Tombs
We expect MPs this week to take a big step towards a soft Brexit, which has been our base case since the referendum.... More by Samuel Tombs
Unlike other central banks, the MPC has stuck to its message that "an ongoing tightening of monetary policy over the forecast period" likely will be required to keep inflation close to the 2% target, provided a no-deal Brexit is avoided.... More by Samuel Tombs
February's consumer price figures, released yesterday, put more pressure on the MPC to stick to its plans for an "ongoing" tightening of monetary policy, despite the uncertainty created by the Brexit chaos.... More by Samuel Tombs
While financial markets remain obsessed with the Brexit saga, January's labour market data provided more evidence yesterday that the economy is coping well with the heightened uncertainty.... More by Samuel Tombs
We doubt that this week will see the MPC joining the list of other major central banks that have abandoned plans to raise interest rates this year.... More by Samuel Tombs
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