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Rising bond yields may douse hope of pre-election UK tax cuts
(Alliance News) - UK public sector borrowing came in below expectations, potentially giving Chancellor Jeremy Hunt enough firepower in government coffers to enact some pre-election tax cuts, but widening gilt...
Read moreAll eyes on Jackson Hole symposium amid upside risks to US inflation
(Alliance News) - This week's focus will be on US interest rates, with all eyes on the Federal Reserve's Jackson Hole symposium....
Read moreUK consumer inflation to "fall sharply" through rest of 2023 - Lloyds
(Alliance News) - UK consumer price inflation should "fall sharply" through the rest of the year, analysis from Lloyds reiterated on Friday....
Read moreUS Fed minutes a "major cause for disquiet" for London trading - AJB
(Alliance News) - Minutes from the July meeting of the US Federal Reserve's Federal Open Market Committee were a "major cause for disquiet" for the London market, AJ Bell said...
Read moreBank of England sees pressure mount on stubborn core inflation
(Alliance News) - Analysts on Wednesday questioned what effect the latest UK inflation figures will have on the Bank of England's next interest rate decision in September....
Read moreMixed bag of UK jobs data presents "migraine" for Bank of England
(Alliance News) - The latest UK jobs data is likely to give the Bank of England a lot to think about ahead of its September meeting, with investors betting it...
Read moreConcerns about Chinese economy deepen amid Country Garden woes
(Alliance News) - The week opened with some worrying news from Asia's largest economy, as Chinese property firm Country Garden warned of multi-billion dollar losses, and missed bond payments. ...
Read moreFocus firmly on next week's inflation and wages data post-UK GDP - ING
(Alliance News) - Better-than-expected UK gross domestic product growth should have "limited" implications for the Bank of England, ING said on Friday, given that the numbers were not far from...
Read moreUK trade deficit to continue slimming, supporting pound
(Alliance News) - The UK's trade deficit will continue to narrow, easing some pressure on sterling, Pantheon Macroeconomics predicted on Friday. ...
Read moreUK economy confounds predictions of recession after surprise growth
(Alliance News) - The UK economy fared better than expected in the second-quarter of 2023, registering quarter-on-quarter growth of 0.2%, but analysts cautioned this was a story of "resilience rather...
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