by Christopher Nye | Oct 23, 2018
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 Brussels yesterday which...
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by Christopher Nye | Oct 18, 2018
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 hurricane disruption, but it was still a bigger...
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by Christopher Nye | Oct 18, 2018
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 news in the form of the construction output figures in August....
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by Christopher Nye | Oct 18, 2018
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 months to July and yesterday saw inflation drop to 2.4% in...
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by Christopher Nye | Oct 18, 2018
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 fastest increase for almost ten years. Then, on...
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