Economic Update 06 Oct 2025 6 minute read
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Defensive sterling meets fragile eurozone as Fed eyes rate cut

It’s a relatively quiet week for UK economic data, but fiscal policy remains in focus as the government prepares for the Autumn Budget.

Economic Update 29 Sep 2025 5 minute read
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Sterling slips on fiscal jitters as Labour conference fuels spending debate

The pound continues to underperform amid growing concerns over the UK’s fiscal outlook. Weak growth and rising public sector demands are fuelling debate around government spending and borrowing - especially as the Labour Party conference gets underway this week.

Economic Update 22 Sep 2025 5 minute read
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Sterling weakens on dovish BoE signals; euro and dollar react to policy shifts

After last week’s Bank of England decision to hold rates at 4%, sterling has struggled to maintain its footing. The vote split, with only two policymakers favouring a 25bp cut, introduced...

Economic Update 15 Sep 2025 5 minute read
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With inflation still high, will the BoE hold or fold?

This week marks a big week, with two major Central Bank meetings scheduled; the Federal Reserve meets on Wednesday, followed by the Bank of England’s (BoE) sixth MPC meeting of 2025 on Thursday.

Economic Update 08 Sep 2025 5 minute read
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Cabinet reshuffle, GDP jitters, and rate cut rumours

Sterling continues to hold above 1.3500 against the dollar, supported by USD weakness. Last week, Prime Minister Sir Keir Starmer has reshuffled his cabinet following the resignation of Angela Rayner, who...

Economic Update 01 Sep 2025 6 minute read
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Fragile fundamentals keep sterling under pressure

Sterling continues to trade in a cloud of uncertainty as the UK’s economic picture remains mixed. Inflation accelerated again in July, rising to 3.8%, slightly above expectations of 3.7%, and marking the highest level since January 2024.

Economic Update 26 Aug 2025 6 minute read
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Sterling on edge ahead of autumn budget

It’s a quiet week for UK data, but that doesn’t mean sterling will be spared from volatility. With no major economic releases scheduled, markets are...

Economic Update 18 Aug 2025 5 minute read
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Economic chess: Can the BoE tame inflation without stalling growth?

Sterling edged higher last week following the Bank of England’s (BoE) decision to cut interest rates to 4.00% - the lowest level in over two years. The move was finely balanced, with five Monetary Policy Committee...

Economic Update 11 Aug 2025 6 minute read
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Sterling gains, euro pauses, dollar eyes CPI

Sterling edged higher last week following the Bank of England’s (BoE) decision to cut interest rates to 4.00% - the lowest level in over two years. The move was finely balanced, with five Monetary Policy Committee...