UK recovery, can you feel it?

By Mike Peacock
October 25, 2013

Third quarter UK GDP data are likely to show robust growth – 0.8 percent or more, following 0.7 percent in Q2 – more kudos to a resurgent finance minister George Osborne who only a year ago was buried in brickbats.

Humdrum summit

By Mike Peacock
October 24, 2013

A two-day EU summit kicks off in Brussels hamstrung by the lack of a German government.

A jobless guide to interest rates

By Mike Peacock
October 16, 2013

The Bank of England’s decision to peg any move in interest rates to the downward progress of unemployment has invested the monthly figures, due today, with huge importance.

Right time to pump up UK housing market?

By Mike Peacock
October 8, 2013

The British government is poised to announce the extension of its “help to buy” scheme for potential home owners.

ECB can claim one early victory for forward guidance

September 17, 2013

The European Central Bank can claim at least one early victory for forward guidance: forecasters have been persuaded by its promise to keep key interest rates low or lower for a long time.

Italian market test

By Mike Peacock
September 12, 2013

Italy will auction three different bonds, aiming to raise 7.5 billion euros against a volatile domestic backdrop.

UK unemployment — the monthly monetary policy guide

By Mike Peacock
September 11, 2013

Of the week’s economic data, today’s UK unemployment stands out since the Bank of England has pegged any move up in interest rates to a fall in the unemployment rate from 7.8 percent to below 7.0. The rate is forecast to have held at 7.8 percent in July.

For markets, non-farms eclipse G20

By Mike Peacock
September 6, 2013

The G20 will wrap up with entrenched positions on Syria and a little more entente over the emerging market turmoil prompted by the Federal Reserve’s impending move to slow the pace of its dollar creation programme.

History suggests rocketing British growth won’t last long

September 4, 2013

Britain’s economy is steaming ahead – by one measure faster than any other large developed or emerging economy – but history suggests it will struggle to sustain the rapid growth indicated in business and confidence surveys.

Italy housing tax showdown

By Mike Peacock
August 28, 2013

 

Italy’s fraying coalition cabinet meets to discuss what to do with a property tax imposed by previous premier Mario Monti.