Daily-Wrap

Macro Update:The UK economy is showing fragile resilience, with recent GDP growth offset by risingInflationand a softening labor market. Globally, geopolitical tensions in the Middle East and high energy prices are dampening growth forecasts. Markets remain cautious as central banks delayInterest Ratecuts amidst persistent …

Macro Update:The UK faces a slowdown with growth forecasts cut to 0.8% due to Middle East tensions driving energy prices. Despite a 0.5% February GDP rise,Inflationis climbing toward 3.5%, forcing the Bank of England to hold rates at 3.75%. Globally, growth has dipped as …

Macro Update:The UK economy is stalling, with growth forecasts recently cut to 0.8% due to Middle East tensions.Inflationremains sticky at 3.0%, prompting the Bank of England to hold rates at 3.75%. Meanwhile,Unemploymenthas hit a five-year high of 5.2%, as rising energy costs pressureManufacturingand services.

Macro Update:Over the past 45 days, the UK economy stalled with flat 0% GDP growth. While the Bank of England held rates at 3.75% unanimously to combat 3.0% inflation, energy price shocks and Middle East tensions have now pushed rate-cut expectations into late 2026

Macro Update:In April 2026, the UK economy faces subdued growth, with GDP forecasts cut to 1.1% amid Middle East tensions. Inflation holds at 3.0%, while unemployment remains at a five-year high of 5.2%. Consequently, the Bank of England has paused rate cuts, maintaining the …

Macro Update:UK growth is currently stagnant as high energy costs and geopolitical tension weigh on activity. While inflation has cooled to 3%, the Bank of England remains cautious, holding rates at 3.75% amid sticky services prices. Meanwhile, the retail sector faces a sharp downturn, …

Macro Update:UK macro conditions in April 2026 are defined by resurgent inflation at 3.3%, driven by Middle East energy shocks. While the services sector shows record growth, high interest rates of 3.75% and rising unemployment (5.2%) weigh on consumers. New labour rights and a …