Economic Update 21 Jul 2025 7 minute read
Bank of England may pause bond sales to calm markets after gilt turbulence
The Bank of England is facing renewed scrutiny over its quantitative tightening strategy, as recent volatility in the gilt market has exposed fragilities in demand for long-dated UK government debt.
Economic Update 14 Jul 2025 5 minute read
Markets eye US CPI, but Trade Policy may steal the spotlight
The UK remains caught between persistent inflation and a cooling labour market. May’s CPI rose to 3.4%, with the Bank of England expecting a peak of 3.5% in...
Economic Update 07 Jul 2025 6 minute read
Pound's gains undone by UK political turbulence
Sterling extended its rally last week, with GBP/USD climbing to near four-year highs, largely on the back of broad-based dollar weakness. However, the pound’s ascent...
Economic Update 23 Jun 2025 6 minute read
Bank of England holds steady but rate cut expectations rise - Markets eye a possible pivot in August
The Bank of England held rates at 4.25% as expected Thursday, although the vote split showed a slightly more dovish outcome than forecasted, with three members voting for a rate cut...
Economic Update 09 Jun 2025 7 minute read
Sterling holds ground near 4-year high as dollar weakens
This week has the potential to see as much volatility as last week when the pound continued its positive trajectory against many of the G10 currencies.