Pantheon Macroeconomics - Pantheon Macroeconomics aims to be the premier provider of unbiased, independent economic intelligence to financial market professionals around the world.

Independent Incisive Illuminating

Skip to Main Content

 

Document Filters

Filter By Keyword (use '+' sign to search multiple phrases)

Filter By Author

Filter By Date

Apply Filters
Clear Filters

UK Publications

6 April 2017 GDP Growth Likely Slowed in Q1, Despite The Rising Services PMI

By Samuel Tombs

The rise in Markit/CIPS services PMI to 55.0 in March, from 53.3 in February, brings some relief that GDP growth has not stalled in Q1, following manufacturing and construction surveys that signalled near-stagnation.

Category: UK Documents / Document PDF (133.44 KB) Download

5 April 2017 The Construction Sector Will Continue to Tread Water

By Samuel Tombs

Evidence that the U.K. economy has slowed significantly this year is starting to come in thick and fast. Following the Markit/CIPS manufacturing PMI on Monday --which signalled that growth in production declined in March to its lowest rate since July--the construction PMI dropped to 52.2 in March, from 52.5 in February.

Category: UK Documents / Document PDF (135.22 KB) Download

4 April 2017 Sterling's Depreciation is a Mixed Blessing for Manufacturers

By Samuel Tombs

The latest Markit/CIPS manufacturing survey has dashed hopes that sterling's depreciation and the pickup in global trade will facilitate strong growth in U.K. production this year. The PMI dropped to 54.2 in March, from 54.6 in February.

Category: UK Documents / Document PDF (138.52 KB) Download

3 April 2017 Q4 Consumers' Spending Spree Will End Abruptly This Year

By Samuel Tombs

The national accounts for the fourth quarter showed that the economy relied on households slashing their saving rate to a record low in order to spend more. Now, growth in consumer spending will have to fall back in line with real incomes, which will increasingly be impaired by rising inflation.

Category: UK Documents / Document PDF (134.24 KB) Download

31 March 2017 Q4 National Accounts will Show Stronger, but Fragile, Growth

By Samuel Tombs

The national accounts look set to show that GDP growth in the fourth quarter was even stronger than previously estimated. Earlier this month, quarter-on-quarter growth in construction output in Q4 was revised up to 1.2%, from 0.2%. As a result, construction's contribution to GDP growth will rise by 0.07 percentage points.

Category: UK Documents / Document PDF (133.77 KB) Download

30 March 2017 Money Data Highlight the Weak Start to 2017

By Samuel Tombs

February's money and credit figures supported recent labour market and retail sales data suggesting that consumers are increasingly financially strained. Households' broad money holdings increased by just 0.2% month-to-month in February, half the average pace of the previous six months.

Category: UK Documents / Document PDF (147.6 KB) Download

29 March 2017 Triggering Article 50 Won't End the "Phoney War" Immediately

By Samuel Tombs

The Prime Minister will invoke Article 50 today, marking the end of the beginning of the U.K.'s departure from the EU. The move likely will not move markets, as it has been all but certain since MPs backed the Government's European Union Bill on February 1.

Category: UK Documents / Document PDF (107.29 KB) Download

28 March 2017 Could a Rebounding Eurozone Prevent a U.K. Slowdown?

By Samuel Tombs

Business surveys coming out of the Eurozone have been remarkably strong recently. The composite PMI for the Eurozone jumped to 56.7 in March--its highest level since April 2011--from 56.1 in February. Germany's IFO business climate index leaped to a 67-month high in March.

Category: UK Documents / Document PDF (137.25 KB) Download

27 March 2017 Could the MPC Adopt a "One and Done" Hike Strategy?

By Samuel Tombs

A series of events have forced markets and analysts to re-evaluate their assumption that Bank Rate will remain on hold throughout 2017. First, the minutes of the MPC's meeting had a hawkish tilt.

Category: UK Documents / Document PDF (150.79 KB) Download

24 March 2017 Q1 Consumption will be Weak, Despite February's Retail Recovery

By Samuel Tombs

The 1.4% month-to-month rise in retail sales volumes in February is not a game-changer for the economy's growth prospects in Q1. The increase reversed just under half of the 2.9% decline between October and January. The 1.5% fall in retail sales in the three months to February, compared to the previous three months, is the worst result in seven years.

Category: UK Documents / Document PDF (145.19 KB) Download

Page 2 of 37 (362 Documents)« PreviousNext »

Access Key Enabled Navigation

Keywords for: UK Documents

pantheon macroeconomics, pantheon, macroeconomic, macroeconomics, independent advice, independent analysis, advisors, advisers, advisor, advice, independent, analysis, research, economic intelligence, economy, economic, economics, economists, Dr. Ian Shepherdson, Ian Shepherdson, financial market, financial, market, finance