by Christopher Nye | Jan 7, 2019
There was more bad news for the UK automotive sector yesterday, as the latest new car sales figures showed that new car registrations slumped by 5.5% year-on-year in December 2018. The Society of Motor Manufacturers and Traders reported that over the course of last...
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by Christopher Nye | Jan 7, 2019
As MPs returned from their Christmas break, there was much Brexit-related news to get our teeth into. Theresa May is set to chair a new Brexit cabinet committee that has been set up to plan for Brexit, including preparations for no-deal. Speaking of which, there was a...
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by Christopher Nye | Jan 7, 2019
The headline release from the US on Friday was the non-farm payrolls reading, which came in far better than expected. The figure increased by 312,000 in December following an upwardly revised 176,000 increase in November, smashing expectations of 177,000. The news was...
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by Christopher Nye | Jan 7, 2019
On Friday, we saw eurozone inflation fall to 1.6% in December, from 1.9% the previous month and below expectations of 1.8%. It is the lowest rate of inflation since April 2017 and as mainly down to a slowdown in the cost of energy, food, alcohol and tobacco. Composite...
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by Christopher Nye | Jan 7, 2019
Figures released on Friday showed the continuing effects of Brexit anxiety on the UK economy, with the latest services PMI reading showing that optimism among services companies has dropped to its lowest levels since the financial crisis. Although the figure actually...
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