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  1. 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 cost...

  2. 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 consecutive...

  1. 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 sign of...

  2. 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 has...

  3. 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...

  4. 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...

  5. 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 thrown...

  6. 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, which...

  7. 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...

  8. 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 England...

  9. 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. That...

  10. 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 source...

  11. 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 sector,...

  12. 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 services...

  13. 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 on...

  14. 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...

  15. 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...

  16. 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 in...

  17. 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 this...

  18. 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 never...

  19. 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 money to...

  20. 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 levels...

  21. 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...

  22. 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 profound...

  23. 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...

  24. 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 to...

  25. 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 in the...

  26. 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...

  27. 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 unexpectedly...

  28. 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 Bagehot...

  29. FT Alphaville

    May 23, 2012

    From Citi, another Grexit scenario

    Grexit not this year. Maybe in 2013, with a 10 per cent drop in GDP. Continued financing from the IMF and the EU (through...

  30. May 23, 2012

    London palates experience Bric wines

    British companies are desperately trying to sell goods and services to the fast-growing economies of Brazil, Russia, India...

  31. May 10, 2012

    Bank fears inflation more than recession

    Concern over Britain’s stubbornly high inflation rate appeared to trump fears of a renewed recession on Thursday, as the...

  32. April 25, 2012

    Britain slides back into recession

    Britain slipped back into recession at the start of this year, with economists concluding that even the most generous...

  33. FT Alphaville

    March 28, 2012

    Pasty-toting muppets

    Chart via Citigroup, bouncing off the latest UK GDP revisions downward (hat-tip Bond Vigilantes): (There is one bright spot:...

  34. March 28, 2012

    UK growth for final quarter revised down

    Britain’s struggle to shake off the effects of recession has been set back by news the economy shrank more than previously...

  35. February 22, 2012

    MPC pair wanted even bigger tranche of easing

    The enthusiasm of Britain’s rates-setting body for further monetary stimulus was revealed in minutes of its February...

  36. Money Supply

    February 10, 2012

    The week ahead in central banking

    Our week ahead email helps you track the most important events in central banking. To see all of our emails and alerts...

  37. January 8, 2012

    Chambers of Commerce call for QE boost

    The Bank of England’s Monetary Policy Committee should act boldly this week and vote to pump another £50bn ($77bn) into...

  38. January 4, 2012

    Glimmer of hope as UK business lending rises

    Signs of modest improvement in the UK economy emerged on Wednesday as data showed the first rise in lending to businesses in...

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