Economic Review – January 2024

February 8, 2024
UK economy rebounds in November Official statistics show the economy returned to growth in November, although analysts believe it remains a close call as to whether or not the UK will once again manage to avoid a recession. Figures released last month by the Office [...]
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Economic Review – November 2023

December 14, 2023
OBR cuts economic growth forecast 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. Chancellor Jeremy Hunt unveiled the independent fiscal watchdog’s latest projections during his Autumn [...]
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Economic Review – May 2022

June 1, 2022
Bank warns of deteriorating outlook The Bank of England (BoE) has warned that the UK faces a “sharp economic slowdown” in the coming months as it continues to raise interest rates in a bid to dampen rapidly rising prices. Following its early-May meeting, the BoE’s [...]
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Economic Review – May 2021

June 4, 2021
BoE upgrades growth forecast 2021 growth forecast, as survey evidence continues to highlight a strong economic rebound, fuelled by the easing of lockdown restrictions and rapid vaccine rollout. In early May, the BoE revealed its latest predictions for the UK economy, which included a growth [...]
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Economic Review – April 2021

May 7, 2021
Stronger recovery predicted The UK economy returned to growth in February and survey evidence suggests a strong recovery is imminent, as lockdown restrictions ease and the vaccine rollout continues at pace. Data published by the Office for National Statistics (ONS) showed the economy grew by [...]
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Economic Review – January 2020

February 20, 2020
BREXIT DELIVERED? The UK officially left the EU on 31 January and is now embarking on an 11-month transition period during which formal trade negotiations will take place. Brexit has undoubtedly been an arduous process, costing two British Prime Ministers their jobs and dividing families [...]
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