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21st May 2026 11:23UKWeekly Monitor
  • Weak employment data and a sharp drop in the PMI challenge our view that growth was holding up.
  • But the PMI over-reacts to uncertainty, the job fall will be revised away, and consumers’ confidence held up.
  • Oil prices and Mr. Burnham accepting fiscal rules explain gilt-yield falls; economic data had little effect.

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Keywords for: 26 May 2026 UK Monitor

independent macro research, Pantheon Macro, Pantheon Macroeconomics, independent research, ian shepherdson, economic intelligence