Search ResultsShowing 1 - 10 of 32 results for "UK GDP"
Westpac appoints new chair
ELIZA BAVIN  |  THURSDAY, 23 JAN 2020
... also held roles as chair of TheCityUK, the UK's coordinating financial services body which accounts for 11% of the UK GDP with over 1.3 million employees. "This experience, coup-led with his strong customer and employee focus, will be invaluable ...
Chief economist update: Brexit - the news that was
BENJAMIN ONG  |  FRIDAY, 10 JAN 2020
... outcome of the Brexit negotiations over the next 12 months. Carney has every right to be concerned. The annual growth in UK GDP has slowed from 2.0% in the March quarter of last year to 1.1% in the September quarter (latest). Similarly, headline inflation ...
Chief economist update: Brexit la la la
BENJAMIN ONG  |  FRIDAY, 8 NOV 2019
... agreements are expected to remove some of the uncertainty facing businesses and households, and the MPC projects that UK GDP growth will pick up during 2020," BOE said. Then again, the BOE's is prepared for the worst and is ready to act if necessary ...
Chief economist update: The fear of Brexit
BENJAMIN ONG  |  THURSDAY, 29 AUG 2019
... the EU." It's just the uncertainty - or in Bacon's words "the fear of death" - that makes Brexit fearsome. Sure, UK GDP has contracted by 0.2% in the June 2019 quarter, but so has Germany (-0.1%) - the EU's biggest economy - and Italy's ...
Chief economist update: The UK is not OK
BENJAMIN ONG  |  MONDAY, 12 AUG 2019
... BOE's "no growth" forecast was still optimistic. The Office for National Statistics (ONS) preliminary estimate show UK GDP contracted by 0.2% in the second quarter - the first quarterly rate of decline since the December quarter of 2012 - taking ...
Chief economist update: BOE going the wrong way?
BENJAMIN ONG  |  TUESDAY, 11 JUN 2019
... pace and to a limited extent, would be appropriate to return inflation sustainably to the 2% target". To be sure, the UK GDP's growth rate has more than doubled to 0.5% in the March 2019 quarter from 0.2% in the previous three-month period, accelerating ...
Chief economist update: Breaking up is hard to do
BENJAMIN ONG  |  THURSDAY, 14 MAR 2019
... despite expectations of the UK's divorce from the European Union, Britain's economy continues to do A-OK. Sure, UK GDP growth has slowed but which G7 economy hasn't over the past year? Not only that, data shows that as Q4 2018, the British ...
Chief economist update: UK economy slows on Brexit woes
BENJAMIN ONG  |  TUESDAY, 12 FEB 2019
... perhaps not. But the point is that the British economy has indeed slowed sharply in the last three months of last year. UK GDP growth slowed to a mere 0.2% in the fourth quarter of 2018 following growth of 0.6% in the third quarter. Just as the BOE explained ...
Chief economist update: disUnited Kingdom
BENJAMIN ONG  |  WEDNESDAY, 16 JAN 2019
... But I digress. Despite the uncertainty borne of Brexit, the UK economy largely remains resilient since the referendum. UK GDP growth has slowed only slightly from 1.7% in the year to the June quarter of 2016 to 1.5% in the September quarter of 2018 (latest ...
Chief economist update: BOE waiting on Brexit
BENJAMIN ONG  |  FRIDAY, 2 NOV 2018
... growth has been stronger than expected, rising to over 3%. Although modest by historical standards, the projected pace of UK GDP growth is slightly faster than the diminished rate of supply growth, which averages around 11/2% per year. A margin of excess ...
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