News in Review
“We have a chance now to do the same for the 21st century” A trade deal between the UK and US could be agreed “very quickly,” President Donald Trump said at a White House press conference with Prime Minister Keir Starmer. The President suggested the UK may avoid the tariffs imposed on other trading partners, […]
Economic Review February 2025
Growth stronger than expected in late 2024 Data released last month by the Office for National Statistics (ONS) revealed that the UK economy unexpectedly grew in the final three months of last year, although more recent survey evidence still points to a sluggish outlook. The latest gross domestic product (GDP) statistics showed that economic output […]
News in Review
“Getting more money in people’s pockets is my number one mission” The latest inflation figures released last Wednesday by the Office for National Statistics showed an unexpected surge, with the headline rate climbing to 3% in January from December’s 2.5%, marking the highest level in nearly a year. This increase surpassed the Bank of England’s […]
Commercial Property Market Review – February 2025
According to Rightmove, demand In Q4 2024 for industrial listings was 72% higher than in Q4 2023 The market in Scotland in Q4 was strong with industrial (+41%), office (+12%) and retail (+6%) The RICS long-term outlook remains positive for the commercial property sector Industrial prowess helps commercial demand soar Demand for investment in commercial […]
News in Review
“I’m still not satisfied with the level of growth that our economy is achieving” The latest UK growth data from the Office for National Statistics (ONS) shows the economy grew by 0.1% in the fourth quarter of last year, exceeding expectations. A Reuters poll of economists had forecast that gross domestic product (GDP) would shrink […]
News in Review
“Low and stable inflation is the foundation of a healthy economy” In their latest meeting on 6 February, the Monetary Policy Committee (MPC) voted by a 7 to 2 majority to cut Bank Rate by 0.25 percentage points to 4.5%, in a widely expected move. The two dissenting voices wished to reduce Bank Rate by […]
News in Review
“Low growth is not our destiny… but growth will not come without a fight” Chancellor Rachel Reeves made a series of major announcements in a highly anticipated speech last Wednesday at Siemens Healthineers in Oxfordshire. Setting out more plans to boost growth, Ms Reeves unveiled fresh promises for infrastructure and redevelopment projects. “We can do […]
Economic Review January 2025
Chancellor unveils plan for growth On 29 January, the Chancellor outlined her plan to boost economic growth during a speech in Oxford, although data released last month suggests the UK economy remained largely stalled at the start of this year. In her speech to business leaders, Rachel Reeves set out a series of major announcements […]
News in Review
The World Economic Forum highlighted US-China trade friction amidst calls for “win-win” solutions UK consumer confidence hits -22 as economic sentiment worsens across all measures Shoreditch leads in the London rental market with 6.6% growth, underscoring robust market trends “Believe in yourself and most importantly, tell others that you do” The World Economic Forum’s (WEF) […]
News in Review
“In a world shaped by policy uncertainty and trade tensions, developing economies will need bold and far-reaching policies” The global economy is projected to expand by just 2.7% in 2025 and 2026, according to a report released last week by the World Bank, with developing countries set to bear the brunt of geopolitical and economic […]