Daily-Wrap

Macro Update:In early 2026, the UK economy shows resilience as the Services PMI hit a five-month high of 54.0. However, persistent 3.4% inflation and rising labor costs may delay further interest rate cuts beyond the current 3.75%. While the FTSE 100 recently reached record …

Macro Update:The UK economy is set for a guarded 2026, with GDP growth projected at 0.9%. While a manufacturing rebound offers some hope, this is counterbalanced by a softening labour market where unemployment has climbed to 5.1%.

Macro Update:The UK economy faces a cautious 2026, with the EY ITEM Club forecasting 0.9% GDP growth. While Bank of England rates likely remain at 3.75% this week, a cooling labor market and rising 5.1% unemployment offset a recent manufacturing rebound.

Macro Update:In January 2026, the UK economy showed resilience with GDP growth around 1.3–1.4%. However, inflation rose to 3.4% in December, and unemployment reached a four-year high of 5.1%. Amid these mixed conditions, economists largely expect the Bank of England to hold the interest …

Macro UpdateIn January 2026, the UK economy demonstrated resilience with modest GDP growth of approximately 1.3–1.4%. Meanwhile, inflation edged higher to 3.4% in December, and unemployment reached a four-year peak of 5.1%. Given these mixed signals, most economists anticipate the Bank of England will …

Macro Update: In January 2026, the UK economy shows resilient but sluggish GDP growth of roughly 1.3–1.4%, while inflation rose slightly to 3.4% in December and unemployment hit a four-year high of 5.1%, leading most economists to expect the Bank of England to hold …

Macro Update: In January 2026, the UK leads G4 economic growth following a surge in services sector activity, though the Bank of England remains cautious. While November GDP grew by 0.3%, inflation rose to 3.4% in December, complicating potential interest rate cuts. Simultaneously, the …