Markets

UK inflation up at 2.9%

UK inflation up at 2.9% According to the Office for National Statistics (ONS) UK inflation is 2.9% in August up from 2.6% in July. The UK inflation target is: 2% Visit The Office for National statistics (ONS) here.  

Markets

Is the UK economy stuck?

Is the UK economy stuck? If the data released from The British Chambers of Commerce is correct then, yes! The gloomy picture painted suggests the UK economy growth in 2018 will be the weakest since the 2088/2009 recession. The British Chambers of Commerce say the UK economy as a whole …

Finance

Pound vs Euro

Pound vs Euro. This week (Tuesday) we saw the pound fall to an eleven month low. Could the pound hit parity against the Euro? BREXIT indecision, slow growth, sluggish GDP, low interest rates and party political naval gazing are adding to UK woes! Will £1.00 = 1.00 euro ?? If …

News

BREXIT Millions

BREXIT Millions I don’t know if you recall during the UK 2016 EU referendum – the leave campaign travelled the UK in a red bus with the slogan plastered down the side stating, ‘We send the EU £350 million a week – Let’s fund the NHS instead – Vote Leave’. …

News

EU and Japan Trade Agreement

EU and Japan Trade Agreement The European Union and Japan agree a free trade deal. Presumably this agreement will strengthen the EU leadership and leave the UK on the outside of the benefits. European council president Donald Tusk and European commission president Jean-Claude Junker must be delighted. All leaders hail …

News

UK productivity falls

UK productivity falls The productivity of UK workers has fallen back to pre-financial crisis levels of 2007 a report by the Office for National Statistics (ONS) shows. Productivity has still not recovered to levels before the financial crisis. Stagnation Austerity measures, public sector pay, government spending all become much more …

Finance

UK & US Manufacturing Data

UK & US Manufacturing Data US data Reports show that US manufacturing data came in better-than-expected for June lifting the DOW to a new intra-day high. Manufacturing PMI’s (Purchasing Managers’ Index) – are accepted as a good gauge to judge economic growth. So the US, in general, surges on. Presumably, …