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Tag: Bank of England

Data Trend
Finance

UK GDP Shrinks 0.3% As Recession Risk Amplifies

The UK’s GDP swung to negative 0.3% in August, which was worse than expected and compared to revised 0.1% growth in July. The ...
By Sophie Lund-Yates12th October 20220
Housing transactions data
News

Halifax House Price Index: House Prices Fall As The End of the Era of Ultra-Low Rates Approaches

The average UK house price experienced a slight fall in September (-0.1%), the second marginal decrease over the past three months. The cost ...
By UK Property News Editorial Team7th October 20220
Downing Street
Finance

Mortgage Rates Rocket to 14 Year Highs as Problems Pile Up For Truss Administration

Rather than clearing the crisis in-tray, problems keep piling up for the Truss administration. Another threat of a ratings downgrade comes hard on ...
By Susannah Streeter6th October 20220
Bank of England
Finance

The Economic Tug-Of-War Has Now Moved Within the Bank of England

After a highly volatile week, the febrile mood in the markets has been pacified a little by the Bank of England’s intervention to ...
By Susannah Streeter29th September 20220
Data Trend
Finance

Beleaguered Pound in Retreat Again After UK Government Slapped by Stinging Criticism from The International Monetary Fund

The pound was in retreat again after stinging criticism of the UK by the IMF over its handling of economic policy. Sterling dropped ...
By Susannah Streeter28th September 20220
Finance

Tug of War Begins Between The Government & The Bank of England

The starting whistle has been blown on the economic tug of war between the Bank of England and Liz Truss’ government. This is ...
By Susannah Streeter22nd September 20220
Bank of England
News

Industry Reacts to Bank of England Base Rate Hike

Following the Bank of England’s decision to increase the base rate by 0.5%, the seventh consecutive increase since the end of last year, ...
By UK Property News Editorial Team22nd September 20220
Data Trend
Finance

Summer Euphoria Fizzles Out & Economic Problems Mount for France & Germany

The summer party in the equity markets seems to be coming to an abrupt end as hard-line central bank policymakers hover as unwelcome ...
By Susannah Streeter23rd August 20220
Bank of England
Finance

Relentless Rise Upwards in Prices Continues as Inflation Bubbles to a Four Decade High

The relentless rise upwards in prices continues, with little sign of a break for consumers who are desperately trying to make ends meet. ...
By Susannah Streeter17th August 20220
Housing transactions data
News

UK House Price Index: Prices Are Waiting for Gravity to Arrive This Autumn

UK house prices increased by 7.8% in the year to June 2022, down from 12.8% in May 2022. On a non-seasonally adjusted basis, ...
By UK Property News Editorial Team17th August 20220

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