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    1. Fast FT

      April 15, 2016

      BoE new boy Michael Saunders on the UK

      Michael Saunders, a longstanding economist at US bank Citi, has just been made a member of the Bank of England’s team...

    2. April 15, 2016

      Michael Saunders to join Bank of England’s MPC

      Michael Saunders, an economist at Citigroup, is to join the Bank of England’s interest rate-setting Monetary Policy...

    1. Fast FT

      April 15, 2016

      Citi economist Saunders to join as BoE rate-setter

      Veteran Citi economist Michael Saunders is join the Bank of England’s rate setting Monetary Policy Committee. Mr...

    2. Fast FT

      February 29, 2016

      Gilt sales by foreign investors at 2-year high

      Overseas investors sold a net £6.3bn of gilts last in January, the largest month of net sales since March 2014 and the...

    3. January 6, 2016

      Why foreign investors love British bonds

      The name’s Bond. Government bond. The spectacular performance of Spectre at the box office reminded us that James Bond...

    4. October 15, 2015

      Jobless rate drops to pre-crisis low

      Unemployment has fallen to a seven-year low, offering some reassurance that Britain’s economy has continued to grow...

    5. FT Data

      March 25, 2015

      I quit! Job resignations and the UK labour puzzle

      When we report on labour markets, we tend to focus on net changes in employment, unemployment and inactivity. But those...

    6. February 22, 2015

      Weak current account blots rosy economic landscape

      With only a few months to go until the general election, the British economy — by some measures — is on a roll. Growth...

    7. January 30, 2015

      UK retail spending rises as ‘feel-better factor’ returns

      UK consumers are increasing their spending in the shops as they become more confident about personal finances,...

    8. December 11, 2014

      City fears politicians avoiding hard truths

      Economists complained after Ed Miliband’s speech on the deficit that no UK political party had yet given enough detail...

    9. August 24, 2014

      British workers cheaper to employ than Spanish

      Britain’s labour costs have dropped below Spain’s as a wage squeeze and weaker pound have transformed the UK into a low...

    10. May 20, 2014

      Inflation rise blamed on seasonal factors

      A rise in the UK’s headline rate of inflation to 1.8 per cent – bucking the trend of the previous six months of...

    11. May 12, 2014

      Jobs poll finds outlook at six-year high

      The UK’s jobs outlook is at its most positive for more than six years as the country’s employment boom shows little...

    12. FT Alphaville

      May 9, 2014

      B b b b b b b boom! (UK edition)

      Welcome to boom time in the UK. There, we said it. Or rather we’ve spotted that the optimistic Jonathan Stubbs at Citi...

    13. Off Message

      March 24, 2014

      Why there will be more austerity, eventually

      I like it when one chart demolishes two myths. The graph below from Citi’s Michael Saunders shows how the coalition...

    14. FT Alphaville

      January 16, 2014

      Housing boom, ex London

      The latest RICS survey shows that house prices are continuing to boom in the UK. This is despite the fact that the net...

    15. FT Alphaville

      December 12, 2013

      It's all been about QE

      We’ve infiltrated Citi’s European Credit Conference, underway in Westminster on Thursday. Updates follow, until we’re...

    16. November 28, 2013

      Business leaders welcome move to improve lending to SMEs

      Business leaders said the government’s move to focus bank subsidies on credit to companies would help spur lending,...

    17. November 13, 2013

      Economists’ verdicts on revised Bank of England jobless forecast

      The pound strengthened and gilt yields rose on Wednesday as the Bank of England’s Monetary Policy Committee raised its...

    18. October 24, 2013

      UK public expects higher inflation

      Rising UK energy prices have caused a surge in the public’s inflation expectations, putting pressure on the Bank of...

    19. September 20, 2013

      Why we should worry about a bubble that isn’t

      The term “house price bubble” has been mentioned 143 times in the UK’s quality newspapers over the past six months....

    20. FT Alphaville

      May 31, 2013

      A UK deleveraging disagreement

      In this round we have Paul Fisher of the MPC, who recently said that (our emphasis): In the near term, whatever the...

    21. March 8, 2013

      Construction output plunges in January

      Output in the UK’s beleaguered building industry plummeted in January, official figures Friday showed on Friday. The...

    22. March 5, 2013

      Services data allay fears on economy

      More money printing from the Bank of England later this week appears a close call after data for the UK’s dominant...

    23. February 27, 2013

      Economy fails to ‘rebalance’

      Britain’s failure to “rebalance” the economy away from a reliance on government and household spending was underlined...

    24. February 20, 2013

      King’s gambit puts QE back on table

      As far as we know, most of the Bank of England’s top brass remain unconvinced that restarting the printing presses and...

    25. FT Alphaville

      November 6, 2012

      Ireland hits its 'patent cliff'

      Chart from Michael Saunders at Citi (click to enlarge): What that shows is a pretty dramatic fall in Irish industrial...

    26. FT Alphaville

      October 26, 2012

      An Olympic bounce into a deleveraging headwind

      From Citi’s Michael Saunders and Ann O’Kelly: We doubt the Q3 data will mark the start of a series of upside surprises...

    27. October 17, 2012

      Cautious welcome for employment data

      Unemployment has fallen most sharply in northern England, but business leaders and analysts are cautious about whether...

    28. October 10, 2012

      Cameron’s big hopes for small businesses

      From Napoleon’s “nation of shopkeepers” to Boris Johnson’s “nation of small and medium-sized enterprises”, Britain has...

    29. October 1, 2012

      Loans scheme fails to cut mortgage costs

      Lending data for August illustrate the scale of challenge for a Bank of England scheme aimed at giving banks cheap...

    30. October 1, 2012

      Lending to business shrinks by £1.2bn

      Bank lending to UK businesses contracted in August but approvals on loans to buy houses rose slightly from very weak...

    31. September 26, 2012

      Mortgage lending rises markedly

      Banks and building societies upped their mortgage lending over the summer and expect to provide more credit to British...

    32. September 12, 2012

      Why do job figures seem to defy gloom?

      Why is employment growing so rapidly while output is falling? This is the hottest question in UK economics, with...

    33. September 12, 2012

      Osborne faces debt-reduction challenge

      Ed Miliband accused the government of “failing its own tests” after David Cameron refused to confirm that the coalition...

    34. September 3, 2012

      Business warns on Osborne bank plan

      George Osborne’s plan for a state-backed small-business bank needs to go well beyond a “rebranding exercise” if it is...

    35. FT Alphaville

      July 26, 2012

      Buiter's now predicting Grexit probability of 90%

      Citi’s iconoclastic chief economist Willem Buiter and team are seeing a very high likelihood of a Greek eurozone exit...

    36. June 27, 2012

      Record pace of support for pension funds

      Employers are apparently pumping money into underfunded retirement schemes at a record pace, official data on Wednesday...

    37. June 1, 2012

      UK industry fall could trigger more QE

      Britain’s manufacturing sector, buoyed over the past three years by a weak pound that promoted exports, took an...

    38. FT Alphaville

      May 24, 2012

      The (early) Lunch Wrap

      Good morning, New York… FT ALPHAVILLE What Bagehot said about crises: Cardiff writes about Brad DeLong’s paper about...

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