Hints and tips:
...Ruth Gregory, deputy chief UK economist at Capital Economics, said the ONS figures were “vastly different to the previous data”....
...Ruth Gregory, deputy chief UK economist at the consultancy Capital Economics, said: “With wage growth and services inflation both stronger than the bank had expected, it seems clear that the bank has more...
...Ruth Gregory, deputy chief UK economist at Capital Economics, said the weak figures were unlikely to stop Hunt offering tax giveaways before the next election....
...But Ruth Gregory, deputy chief UK economist at Capital Economics, said the improvement in the government’s finances would tempt the chancellor to offer giveaways in his Autumn Statement later this year....
...The further rebound in retail sales volumes in May suggested “the recent resilience in economic activity hasn’t yet faded”, said Ruth Gregory, economist at Capital Economics....
...Ruth Gregory, deputy chief UK economist at Capital Economics, said the figures suggest that Hunt “will have some wriggle room in the Budget to fund near-term tax cuts and/or spending rises”....
...Ruth Gregory, economist at Capital Economics, said the BoE’s many revisions upward for market expectations on future interest rates over the past year suggested inflation might prove “stickier” than it hoped...
...Ruth Gregory, senior UK economist at Capital Economics, said that unless the gamble to boost the underlying growth rate works, “today’s fiscal package just means more inflation, higher interest rates and...
...Ruth Gregory, senior UK economist at Capital Economics, said that “by any metric the labour market is still exceptionally tight” and this would put pressure on the BoE to raise interest rates by another...
...Ruth Gregory, of Capital Economics, said core UK inflation was likely to be above the US until mid-2023 and therefore “the MPC will need to move policy to a restrictive stance relatively quickly”....
...“The war in Ukraine has resulted in a collapse in the UK’s trade flows with Russia,” said Ruth Gregory, senior UK economist at Capital Economics, a consultancy....
...Our economics editor Chris Giles and US economics editor Colby Smith discussed this and how different countries are likely to react in our latest IG Live. Watch it here....
...Ruth Gregory, economist at Capital Economics, shared this hawkish stance, saying the MPC might well abandon existing guidance that it will impose only “modest” rate rises over the next few years....
...Ruth Gregory, economist at Capital Economics, a consultancy, said Omicron was likely to raise inflationary pressures on goods and services by aggravating supply chain disruptions and discouraging people...
...Ruth Gregory, an economist at the consultancy Capital Economics, said the “wide regional gaps highlight the risk that the pandemic could deepen the regional divergence and will only fuel the debate on tackling...
...Ruth Gregory, senior UK economist at consultancy Capital Economics, revised her view that there would be no interest rate rises next year at all after the minutes were published, even though the committee...
...Ruth Gregory, senior UK economist at Capital Economics, said the monthly figures showed that “GDP will return to its February 2020 pre-pandemic size by October and that the economy may yet surprise most...
...But as Ruth Gregory, senior UK economist at Capital Economics, said: “Talking about the mechanics of tightening policy, that is another signal that tightening is drawing nearer”....
...Ruth Gregory, senior UK economist at Capital Economics, said the economy was now on track to reach its pre-pandemic level before the end of the year and well before the BoE forecast last week....
...Ruth Gregory, senior UK economist at consultancy Capital Economics, said that inflation would continue to rise in the months ahead, but any figures in excess of the BoE’s target would be temporary and the...
...Ruth Gregory, senior UK economist at consultancy Capital Economics, said that the BoE had provided financial markets with “no direct pushback against higher gilt yields”, even though the message the bank...
...Even with a successful vaccine programme, Ruth Gregory, senior UK economist at Capital Economics, said that the Tories’ ambitious pre-pandemic funding commitment may yet force Sunak to become a tax and spend...
...Ruth Gregory, senior UK economist at consultancy Capital Economics, said that after the first quarter, where a “double-dip recession is a clear possibility”, the third quarter’s high savings rate “provides...
...“Anything the MPC does now will do little to prevent a renewed recession if virus cases continue to rise and the government ramps up restrictions,” said Ruth Gregory, at the consultancy Capital Economics...
...“The renewed Covid-19 restrictions will probably mean that GDP stagnates in Q4, leaving economic activity marooned 5.5 per cent short of its pre-crisis level,” said Ruth Gregory, senior UK economist at Capital...
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