News in Review
UK house prices fell by 0.6% in April following a rush in March to beat Stamp Duty changes. Despite the drop, prices remain 3.4% higher than a year ago US GDP shrank by 0.3% in Q1 2025—its first contraction in three years—due to reduced government spending and a surge in imports ahead of tariffs Ukraine […]
Economic Review April 2025
The UK economy grew 0.5% in February, driven by strong service and manufacturing sectors despite looming headwinds Inflation dipped to 2.6% in March, but April’s household bill hikes are expected to reverse the trend The labour market weakened as vacancies fell, though wage growth remained robust amid cost pressures and job cuts UK economy returns […]
News in Review
The IMF has downgraded global growth forecasts, warning of heightened risks from US tariffs and policy uncertainty Manufacturing output figures show stagnation, with firms citing declining demand, rising costs, and global uncertainty UK consumer confidence has hit its lowest since November 2023 due to cost-of-living pressures and tariff fears “Uncertainty is bad for business” As […]
Commercial Property Market Review – April 2025
In central London, twice as many businesses upsized than downsized last year, with one-third of London lettings coming from new entrants Premium pricing, limited development supply and consistent performance makes Edinburgh one of the UK’s most attractive hotel markets According to research, US investors have acquired close to £50bn of UK commercial assets since 2021 […]
News in Review
Rachel Reeves described two months of falling inflation, along with growth in real wages and GDP, as “encouraging signs” Keir Starmer has reiterated his commitment to securing “free and open trade” in order to protect the national interest The UN trade body UNCTAD predicted global economic growth would slow to 2.3% this year, falling below […]
News in Review
President Trump paused most tariffs for 90 days, briefly boosting global market confidence amid uncertainty The UK economy unexpectedly grew 0.5% in February, driven by services, production and construction The UK economy unexpectedly grew 0.5% in February, driven by services, production and construction “We want to secure the best deal possible for British jobs and […]
Economic Review March 2025
The Chancellor cut welfare and departmental spending to restore a fiscal buffer, but risks to forecasts remain high Inflation dipped unexpectedly but is expected to rise again due to higher energy, taxes and wage costs Business and retail activity showed resilience, but weak manufacturing and trade tensions cloud economic prospects Chancellor trims spending plans Rachel […]
News in Review
US President Trump disrupted the global trade system by introducing tariffs on ‘Liberation Day’ Global markets continue to be highly volatile following the announcement The government is to help the UK car industry cope with tariffs by relaxing electric vehicle (EV) sales targets “This is one of the most important days… in American history. It’s our […]
News in review
Chancellor Rachel Reeves announced spending cuts but no tax increases, aiming to save £14bn by 2029/30 The UK growth forecast was revised to 1% in 2025, with improvements expected later in the decade UK retail sales fell for a sixth month and looming US tariffs threaten the car industry “The global economy has become more […]
News in Review
“We have to be quite careful at this point in how we calibrate our response” Last week, the Bank of England’s Monetary Policy Committee (MPC) held Bank Rate at 4.5%, a widely expected move but one that was more emphatically supported than analysts had predicted. At its meeting on 19 March, eight MPC members voted […]