Daily-Wrap

Macro Update: UK macro news centers on the unexpected rise in December inflation to 3.4%, tempering expectations for a quick Bank of England rate cut in February. This follows stronger November GDP growth, indicating some economic resilience amid a cooling labour market and ongoing …

Macro Update: As of January 20, 2026, the UK faces a softening labour market with unemployment at 5.1%. While November’s 0.3% GDP growth beat expectations, high interest rates at 3.75% and geopolitical trade tensions remain significant risks to the modest 2026 economic outlook.

Macro Update: On January 17, 2026, President Trump announced a 10% tariff on eight European nations, effective February 1, to pressure Denmark into selling Greenland. The levy, rising to 25% in June, has prompted the EU to prepare $108 billion in retaliatory measures.

Macro Update: The UK economy demonstrated resilience in November with GDP growth of 0.3%, exceeding expectations. While the Bank of England has cut rates to 3.75%, inflation persists at 3.2% and the labor market is softening, with unemployment at 5.1%. Analysts foresee additional rate …

Macro Update: In January 2026, the UK economy shows resilience as November’s GDP grew a better-than-expected 0.3%. While the Bank of England recently cut interest rates to 3.75%, inflation remains above target at 3.2%. However, the labor market is softening, with unemployment rising to …

Macro Update: In January 2026, the UK economy faces anaemic growth, with GDP expansion projected at just 1.0–1.2% for the year. Inflation fell to 3.2% in late 2025, prompting the Bank of England to cut interest rates to 3.75%. However, a softening labor market—with …

Macro Update: The UK economy is experiencing slow growth amidst falling inflation and a weakening labour market. The Bank of England recently cut interest rates to 3.75% as inflation eased to 3.2% in November 2025. GDP growth slowed in Q3 2025, and unemployment has …