Donald Trump moved to set a more realistic tone regarding this week’s summit with North Korea by lowering the expectations of what can be achieved. Trump and Kim Jong-un are preparing to meet for a second time this…
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On Friday, the eurozone’s inflation rate for January 2019 was released and came in at 1.4%. This was unchanged from the preliminary estimate and below December’s reading of 1.5%. It is the lowest rate of inflation since April…
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Over the weekend, Theresa May confirmed that she would be delaying the meaningful vote again because her negotiating team still have some details to agree with EU leaders. The news was met with dismay from MPs from all…
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Over the weekend, Theresa May felt moved to dismiss pressure for her to step down as Prime Minister after Brexit. May has angered MPs by admitting that there will be no meaningful vote on a revised withdrawal deal…
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The eurozone is having a dreadful year so far and figures released yesterday will do nothing to calm the nerves of those concerned about the economy. The PMI surveys from Markit showed that the eurozone’s manufacturing sector unexpectedly…
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The latest public sector net borrowing figures showed that the budget surplus widened to a record £15.76 billion last month. The surplus is largely down to a sharp increase of income and capital gains tax receipts, which were…
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There was some good news for Chancellor Philip Hammond yesterday, as figures released showed that UK public finances hit a record surplus in January. The latest public sector net borrowing figures showed that the budget surplus widened to…
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It was a mixed day for the US, as we saw initial jobless claims fall by a whopping 23,000 to 216,000 up to 16 February. The markets had been expecting a figure of 229,000. The Markit services PMI…
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