Economic Review – January 2024

A surprise sharp decline in the rate of inflation has ignited hopes of an interest rate cut by spring, despite the Bank of England (BoE) insisting it is ‘too early’ to speculate about when rates might be reduced.  In our economic review this month we begin by looking at the most recent Bank of England’s…

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Economic Review – December 2023

Revised forecasts from the Office for Budget Responsibility (OBR) suggest the UK economy is set to grow more slowly over the next two years than previously predicted. In our economic review this month we begin by looking at the OBR’s data which whilst not predicting a recession is predicting sluggish growth in the UK over…

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Economic Review – November 2023

The Bank of England (BoE) Governor has described the latest batch of inflation statistics as “quite encouraging,” adding that he expects a “noticeable drop” in the headline rate when the next set of data is released later this month.  In our economic review this month we begin by looking at Inflation and data that indicates…

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Quarterly Financial Bulletin – Autumn – 2023

Several months have passed since the Spring Budget, which, although not necessarily packed with good news stories, held one announcement that certainly did bring considerable cheer to higher rate taxpayers. A recent survey has revealed the dramatic impact that Chancellor Jeremy Hunt’s decision to scrap the pension Lifetime Allowance (LTA) is having on people’s retirement…

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Economic Review – October 2023

Last month, the Bank of England announced a pause in its long run of interest rate rises following an unexpected dip in the UK headline rate of inflation and ‘increasing signs’ that higher rates were starting to hurt the real economy. In our economic review this month we begin by looking at the Monetary Policy…

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Economic Review – September 2023

The latest gross domestic product (GDP) statistics revealed that the UK economy grew more strongly than expected in June, although more recent survey data does suggest a renewed contraction looks ‘inevitable.’ In our economic review this month we begin by looking at data from the Office for National Statistics which shows the UK economy grew…

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Economic Review – August 2023

Data released by the Office for National Statistics (ONS) showed the UK inflation rate fell by more than expected in June, leading analysts to predict that interest rates are now likely to rise less sharply than previously feared. In our economic review this month we begin by looking at the lowering inflation data, and the…

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Quarterly Financial Bulletin – Summer – 2023

Although the global economy continues to face significant headwinds, statistics released during the first few months of the year have revealed unexpected signs of resilience. In our quarterly bulletin this month we start by looking at the positive data collected during the first few months which indicates a positive change. Next we look at the…

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Economic Review – July 2023

The Bank of England (BoE) has sanctioned another hike in its benchmark interest rate after citing ‘significant upside news’ which suggests inflation is likely to take longer to fall back to the Bank’s target level.  In our economic review this month we begin by looking at the Bank of England’s decision, inflation and what may…

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