The labour market in the UK remains tight as a drum: wages are rising quickly in sectors with higher than average pay. According to the ONS, vacancies have fallen sharply this…
The hawks may be fighting back. A growing number from the ECB’s own 25-member rate-setting committee have voiced their concerns. Rushing headlong back into QE and cutting interest rates again…
Much of the attention on the Eurozone has understandably been centred on Germany. Very poor IFO surveys, a contraction in real GDP (Q2) and the first signs of a rise…
Wages are rising more quickly: the US is clearly up against the constraints of full employment. The 3-month annualised change for average hourly earnings (total private employees) hit 4.24% in…
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Only two Labour MPs sided with the Government in last night’s critical House of Commons vote – Kate Hoey and John Mann. Labour has, in the past, struggled to stem…
The trade spat between the US and China has not hurt US companies, it would appear. Recent revisions (annual update for real GDP, released July 26th) had seen profits revised down…
