The UK’s June budget deficit soared to £20.7 billion, driven by a 105% surge in interest payments, far exceeding forecasts and fueling expectations of further tax hikes as fiscal pressures mount.
#YonhapInfomax #UKBudgetDeficit #InterestPayments #OfficeForNationalStatistics #TaxHike #PublicSectorBorrowing #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=73338

The UK's June CPI rose 3.6% year-on-year, surpassing market expectations and the previous month's figure, with core inflation also accelerating, signaling persistent inflationary pressures.
#YonhapInfomax #UKCPI #Inflation #OfficeForNationalStatistics #CoreCPI #MarketExpectations #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=72363

Bank of England interest rate cut ‘almost certain’ after poor growth

Rate cuts are heavily predicted for the c…
#Economy #AlanTaylor #centralbank #CentralBanks #CentralBanksoftheEuropeanSystem #chiefeconomist #DeutscheBank #DeutscheBundesbank #ECB #ESCB #Europe #European #EuropeanCentralBank #EuropeanCentralBanks #interestrate #MonetaryPolicyCommittee #MPC #OFFICEFORNATIONALSTATISTICS #pointcut #ratereduction #THEBANKOFENGLAND #TheBankofFrance #TheBankofItaly
https://www.europesays.com/2241265/

https://www.europesays.com/2241265/ Bank of England interest rate cut ‘almost certain’ after poor growth #AlanTaylor #CentralBank #CentralBanks #CentralBanksOfTheEuropeanSystem #ChiefEconomist #DeutscheBank #DeutscheBundesbank #ECB #Economy #ESCB #Europe #European #EuropeanCentralBank #EuropeanCentralBanks #InterestRate #MonetaryPolicyCommittee #MPC #OFFICEFORNATIONALSTATISTICS #PointCut #RateReduction #THEBANKOFENGLAND #TheBankOfFrance #TheBankOfItaly

The UK’s GDP contracted by 0.1% in May, missing forecasts for growth, as industrial and manufacturing output declined, prompting a drop in the pound against the dollar.
#YonhapInfomax #UKGDP #OfficeForNationalStatistics #IndustrialProduction #ManufacturingOutput #PoundDollarExchangeRate #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=71788

https://www.europesays.com/2235581/ UK economy shrinks for second month in a row after unexpected slump in May #DonaldTrump #GreatBritain #GrossDomesticProduct #OFFICEFORNATIONALSTATISTICS #UKECONOMY #UnitedKingdom

https://www.europesays.com/2163279/ UK economy shrinks by 0.3% in April #EconomicGrowth #Economy #EconomyOfEU #EconomyOfTheEU #EUEconomy #Europe #OFFICEFORNATIONALSTATISTICS #ons #RachelReeves

https://www.europesays.com/2156656/ Economy shrinks by more than expected amid record fall in exports to the US #Economy #manufacturing #OFFICEFORNATIONALSTATISTICS #ons #PresidentDonaldTrump

https://www.europesays.com/2156518/ UK economy contracts sharply in April: Will the BoE respond? #BankOfEngland #boe #CentralBank #CentralBanks #CentralBanksOfTheEuropeanSystem #contraction #DeutscheBundesbank #ECB #EconomicRecovery #Economy #ESCB #Europe #European #EuropeanCentralBank #EuropeanCentralBanks #GrossDomesticProduct #LabourMarket #MarketResearch #OFFICEFORNATIONALSTATISTICS #THEBANKOFENGLAND #TheBankOfFrance #TheBankOfItaly #UKECONOMY

https://www.europesays.com/2156263/ UK economy shrinks by more than expected in April – ONS #Economy #OFFICEFORNATIONALSTATISTICS #ons #RachelReeves

https://www.europesays.com/2150213/ Slower April wage growth to feed into interest rate cut hopes #BankOfEngland #CentralBank #CentralBanks #CentralBanksOfTheEuropeanSystem #DeutscheBundesbank #ECB #Economy #ESCB #Europe #European #EuropeanCentralBank #EuropeanCentralBanks #InterestRate #LabourMarketData #OFFICEFORNATIONALSTATISTICS #THEBANKOFENGLAND #TheBankOfFrance #TheBankOfItaly #UnemploymentRate #WageGrowth

https://www.europesays.com/2018991/ UK government borrows more than expected in March #ChiefSecretaryToTheTreasury #DarrenJones #GreatBritain #OfficeForBudgetResponsibility #OFFICEFORNATIONALSTATISTICS #TheGovernment #UnitedKingdom

https://www.europesays.com/2000326/ Stocks tumble into the red as trade war fears offset slowing UK inflation #China #ConsumerPricesIndex #FTSE100 #GreatBritain #InterestRateCuts #OFFICEFORNATIONALSTATISTICS #RachelReeves #TradeWar #UkInflation #UnitedKingdom

https://www.europesays.com/1949210/ UK consumers unexpectedly boost their shopping in February #GreatBritain #OFFICEFORNATIONALSTATISTICS #ons #RetailSales #UnitedKingdom

https://www.europesays.com/1944097/ UK inflation unexpectedly falls to 2.8% in boost for Reeves #BankOfEngland #ClothingPrices #ConsumerPricesIndex #GreatBritain #InflationRate #OFFICEFORNATIONALSTATISTICS #ons #RachelReeves #UkInflation #UnitedKingdom

https://www.europesays.com/1912069/ Stocks push higher and pound dips as UK economy unexpectedly shrinks 0.1% #ConstructionOutput #EconomicGrowth #FTSE100 #GreatBritain #GrossDomesticProduct #OFFICEFORNATIONALSTATISTICS #RachelReeves #UnitedKingdom