Daily-Wrap

Macro Update:As of March 2026, the UK faces subdued 1.3% annual growth and 5.2% unemployment. While inflation cooled to 3.0%, the Bank of England maintains a 3.75% base rate amid energy price volatility. The FTSE 100 recently hit records but remains fragile ahead of …

Macro Update:As of March 2026, the UK economy shows a fragile 1.2% recovery driven by a resilient services sector and cooling inflation, which fell to 3.0% in January. While the Bank of England maintains a 3.75% base rate, rising unemployment at 5.2% highlights ongoing …

Macro Update:The UK economy shows resilience as the FTSE 100 hits record highs and private sector growth reaches a 22-month peak. However, a five-year unemployment high of 5.2% and cautious 3.75% interest rates highlight persistent structural pressures despite falling inflation.

Macro Update:In February 2026, the UK economy showed a "solid start" as private sector output hit a 22-month high. However, overall GDP growth remains modest at 0.1%. Inflation fell to 3.0% in January, prompting the Bank of England to maintain interest rates at 3.75% …

Macro Update:The UK economy is navigating a "soft landing" in early 2026, with inflation cooling toward 3% and interest rates holding at 3.75%. While manufacturing and services show resilience with rising PMI figures, the labor market has loosened, pushing unemployment to 5.2%. Modest GDP …

Macro Update:The UK economy is experiencing subdued growth, with GDP rising just 0.1% in Q4 2025. Inflation fell to 3.0% in January 2026, it’s lowest since early 2025. Consequently, the Bank of England held rates at 3.75% in February but signalled future cuts. Meanwhile, …

Macro Update:UK inflation fell to 3.0% in January, prompting calls for Bank of England rate cuts despite a 5.2% unemployment rate. A surprise £ 30.4bn budget surplus offers fiscal relief as the economy faces stagnant growth and global trade tariff pressures.