Economic Review August 2020

FASTER REBOUND; SLOWER RECOVERY As recent economic statistics confirm the UK officially entered recession, Bank of England (BoE) forecasts suggest the slump will be less severe than previously thought, but the ensuing recovery is likely to take longer. Data released by the Office for National Statistics (ONS) showed the economy shrank by 20.4% between April … Continue reading “Economic Review August 2020”

July’s inflation statistics: another gloomy sign about the UK’s prospects?

What conclusions can be drawn from the most recent inflation statistics? Is it a sign of the UK’s ongoing weakness, alongside slower wage growth, and therefore another reason to avoid UK assets? Or should investors be encouraged by lower inflation? After all, it continues to lag wage growth, and at some points consumers must surely … Continue reading “July’s inflation statistics: another gloomy sign about the UK’s prospects?”