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BoE survey shows high expectations of inflation

The Bank of England (BoE) has released data showing that public expectations of inflation over the next 12 months are at their highest in five years, according to Reuters. The proportion of the … Continue reading “BoE survey shows high expectations of inflation”


UK consumers rising despite Brexit fears

January saw increased borrowing by British households, indicating that private individuals in the UK have more confidence in the economy than businesses, according to Reuters. The month saw the largest number of mortgages … Continue reading “UK consumers rising despite Brexit fears”


No deal Brexit could push UK house prices down 3%

A Reuters poll has revealed that Brexit is likely to result in a modest change in UK house prices, with London properties being impacted to a greater degree. A no-deal Brexit would likely … Continue reading “No deal Brexit could push UK house prices down 3%”


UK austerity could last years more, says IFS

Public services in the UK may face a financial squeeze for years to come according to the Institute for Fiscal Studies (IFS), as reported by Reuters. Finance minister Philip Hammond has indicated a … Continue reading “UK austerity could last years more, says IFS”


Survey reveals little appetite for UK investment

The appetite for financial risk among British businesses has fallen to its lowest level in a decade, according to a survey by accountancy firm Deloitte reported by Reuters. The survey indicated that investors … Continue reading “Survey reveals little appetite for UK investment”


Businesses ask politicians to ‘get a grip on Brexit’

Businesses have asked UK politicians to ‘get a grip on Brexit’, amid continued uncertainty over the future relationship with the European Union, according to Reuters. Businesses are stepping up preparations for the event … Continue reading “Businesses ask politicians to ‘get a grip on Brexit’”


Sony to move European HQ out of UK

The headquarters of electronics giant Sony is to move from the UK to the Netherlands to avoid Brexit-related disruption, according to BBC News. The company said the move would help to avoid customs … Continue reading “Sony to move European HQ out of UK”


Barnier rejects UK Brexit customs proposals

EU chief negotiator Michel Barnier has rejected the idea of the UK collecting customs duties on behalf of the trading block, according to BBC News. Barnier confirmed that the EU would not delegate … Continue reading “Barnier rejects UK Brexit customs proposals”


Mark Carney criticises protectionist trend

Bank of England Governor Mark Carney has spoken out against the ‘low road’ of protectionism, saying the trend would cost jobs and growth, according to Bloomberg. Carney said signs of strain were beginning … Continue reading “Mark Carney criticises protectionist trend”


FCA floats basic savings rate plan

The Financial Conduct Authority (FCA) has proposed a minimum interest rate for savings accounts to improve returns for loyal savers, according to BBC News. The FCA has said savers who stay with the … Continue reading “FCA floats basic savings rate plan”


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