Another day, another Theresa May speech delivered to MPs. This time, it was on the recent Brussels summit and she said progress has been made on the withdrawal agreement and the future relationship between the UK and EU.
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Italy’s refusal to change its plans for next year means that a budget proposal clash with the European Union appears inevitable. The eurozone’s third-largest economy has refused to compromise on its economic targets, and sent a letter to…
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The dollar enjoyed a decent day against sterling following the release of UK inflation data. Closer to home, the number of new housing projects dropped by 5.3% in September. Part of the reason is the lasting effects of…
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As expected, inflation climbed to 2.1% in September from 2% in the previous period. This will not be a worry as it is so close to the European Central Bank’s target rate of 2%. There was some good…
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It has been a fairly positive week for UK economic data this week - at least as far as UK household finances are concerned. Earlier in the week, we saw average earnings rise by 3.1% in the three…
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The good news continued yesterday as we learned the cost of living squeeze has eased. On Tuesday, figures released showed that average earnings excluding bonuses had risen by 3.1% in the three months to July. It was the…
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The dollar weakened against the euro and had a topsy turvy day against sterling as Brexit-related news caused some volatility in the pound. US retail sales for September were released and showed that they only grew by 0.1%…
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On what was an extremely quiet day for the eurozone and economic data, the President of the European Council, Donald Tusk, wrote a letter to EU governments in which he said that Brexit is more complicated than expected.
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