UK economy: Services firms’ new orders fall for first time in over a year February 5, 2025 The survey showed that incoming work for services firms decreased in January, ending a 14-month period of continuous growth.
CBI boss: ‘Not realistic or right’ to decouple from China February 5, 2025 Rain Newton-Smith, head of the UK’s leading business group, will urge the government to ignore the “siren call of protectionism” amid mounting tensions in the global economy. In a speech set to be delivered later today, the chief executive of the Confederation of British Industry (CBI), will call on the government to forge deeper ties [...]
ONS chief ‘very confident’ UK is suffering from rise in economic inactivity February 4, 2025 Professor Sir Ian Diamond said he was "very confident" that the UK was suffering from a rise in health-related economic inactivity, despite question marks about the quality of the data.
Trump tariffs: Investors struggle to price in threat after last minute reprieve February 4, 2025 Jim Reid, head of research at Deutsche Bank said: "The past few days have raised ongoing questions over Trump’s tariff policy plans".
China strikes back on Trump tariffs as Mexico and Canada get reprieve February 4, 2025 The response came just hours after Trump imposed 10 tariffs on all goods coming from China.
Bank of England: Monetarists warn of challenging outlook before rate call February 4, 2025 Monetarist economists argued a 25bps rate cut may be too little too late given the current weakness of the UK economy.
Donald Trump’s tariffs: Here are the three important points February 4, 2025 There's a lot that could be said about tariffs, but there's three points that really matter.
Trade war: Trump’s tariffs pose ‘age-old question’ for Starmer February 3, 2025 President Trump imposed 25 per cent tariffs on goods imports coming from Mexico and Canada, as well as an extra 10 per cent duty on Chinese goods.
Eurozone inflation unexpectedly rises as Trump trade war fears mount February 3, 2025 The headline rate of inflation picked up to 2.5 per cent in January, according to preliminary estimates from Eurostat.
UK economy: Inflation worries build as manufacturing cost pressures surge February 3, 2025 S&P's purchasing managers' index (PMI) for the manufacturing index showed that input prices increased at "accelerated rates" last month.