What Does Record-High Business Confidence Mean for the UK Economy?
In a significant boost to the UK economy, optimism among British…
Inflation and Weather Woes: Why UK Consumers Are Cutting Back on Spending
Recent data from the British Retail Consortium (BRC) highlights a trend…
UK Consumers Tighten Purse Strings as Credit Borrowing Declines
Recent data from the Bank of England indicates a slight decline…
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CBI Optimistic About UK Economy as GDP Growth Projections Rise
The Confederation of British Industry (CBI) has recently updated its GDP growth forecasts for the UK, reflecting a more optimistic…
UK’s Economic, Population Surge Masks Underlying Productivity Woes
Recent research from the Resolution Foundation, funded by the Nuffield Foundation, sheds new light on the UK’s economic performance over…
Consumer Finance Sees 9% Growth in April Amid Positive Economic Indicators
In a significant uptick, the UK’s consumer finance sector experienced a 9% growth in new business in April 2024 compared…
Second Charge Mortgage Volumes Surge by 36% in April 2024
The second charge mortgage market is experiencing a significant resurgence, with new business volumes increasing by 36% in April 2024….
Asset Finance Sector Witnesses Remarkable Growth in April 2024
The asset finance industry in the UK experienced a substantial surge in April 2024, with new business growing by 31%…
Card Spending Growth Stalls as Economic Pressures Mount
According to the latest report from Barclays, consumer card spending growth in the UK has slowed to a three-year low,…
Retail Sales See Mild Recovery in May
In a modest rebound from earlier in the year, total retail sales in the UK grew by 0.7% year-on-year in…
Card Spending Growth Hits Three-Year Low Amid Cost of Living Pressures
According to a recent report by Barclays, consumer card spending growth in the UK has slowed to its weakest pace…
UK’s Stagnant Income Growth Spells Worrying Trends for Living Standards
Recent findings from the Institute for Fiscal Studies (IFS) paint a stark picture of the UK’s economic landscape over the…
Mortgage Borrowing Hits 18-Month High Amidst Moderating Interest Rates
Recent data from the Bank of England reveals that April saw a significant uptick in mortgage borrowing, with individuals securing…