Daily-Wrap

Macro Update: In December 2025, the Bank of England cut interest rates to 3.75% as inflation eased to 3.2%. However, the economy faces headwinds, with GDP contracting by 0.1% in October and unemployment rising to a four-year high of 5.1%.

Macro Update: The Bank of England is expected to cut rates by 25bps to 3.75% as inflation falls and GDP slows. Persistent concerns include low productivity, affordability, and fiscal challenges, while corporate updates from BP and Currys draw market focus alongside US data.

Macro Update: In late 2025, the UK economy faces cooling momentum. GDP fell 0.1% in October, while inflation dropped to a lower-than-expected 3.2% in November. Rising unemployment (5.1%) and high public debt (94.5% of GDP) persist, prompting the Bank of England to hold interest …

Macro Update: Another distinct point in UK macro news is the notable increase in the unemployment rate, which reached 5.1% in the three months to October 2025, its highest level since January 2021, driven by falling payrolled employees.

Macro Update: The UK economy is stalling, with GDP growth at just 0.1% in Q3 2025 and an unexpected 0.1% contraction in October. Cooling inflation (3.6%) and a rising 5% unemployment rate have fuelled expectations for a Bank of England interest rate cut to …

Macro Update: The UK economy unexpectedly shrank by 0.1% in October 2025, the second consecutive monthly contraction. This increases the risk of a technical recession and has strengthened expectations that the Bank of England will cut interest rates at its December 18 meeting.

Macro Update: The UK's current macro picture is defined by expectations of a Bank of England interest rate cut to combat weak growth, falling inflation, a subdued housing market, and rising unemployment.