Introduction It was a mixed picture across the globe in July, with many major economies beginning to see their efforts to tackle inflation pay off. But while progress is being made in some countries, growth remains sluggish and inflation remains high in several key markets, most notably the UK. As always, let’s take a closer …
Introduction Sluggish growth and high inflation were recurring themes in many major and emerging economies last month, as central banks across the globe sought to manage the impact of global economic headwinds. But interestingly, many emerging markets bucked this trend. As always, let’s take a closer look at the details. UK The UK economy saw …
Introduction Economic growth remained subdued at best in many major markets throughout May, as high inflation continued to affect households and businesses across the world and hit confidence. But significantly, some emerging markets such as India have bucked this trend and seen impressive rates of growth. As always, let’s take a closer look at the …
Introduction High inflation continued to put the brakes on growth in many major economies throughout April, with the International Monetary Fund expecting global growth to fall from 3.4% in 2022 to 2.8% in 2023. As always, let’s drill down a bit further and take a closer look at what’s been going on across the globe… …
Silicon Valley Bank, the 16th largest bank in the US, was shut down by the country’s regulators last week, and we’ve now learned that HSBC has moved to buy the UK arm of the collapsed institution. Since the bank specialises in lending to technology companies, the rescue by HSBC will be a huge relief to …
Introduction The defining story of this month has been the collapse of Silicon Valley Bank and the takeover of Credit Suisse by UBS. Not only has this led to many asking if a repeat of the 2008 financial crisis is around the corner, it’s raised questions over what levers central banks can pull as they …
Introduction Chancellor of the Exchequer Jeremy Hunt was brought in as a safe pair of hands by Liz Truss amid the fallout from last year’s Mini Budget. Of course, Ms Truss herself did not survive much longer, and after being kept in post by Rishi Sunak, Mr Hunt delivered his Autumn Statement, in which he …
Introduction Russia’s invasion of Ukraine in February 2022 had a huge impact on the global economy, pushing up commodity prices, inflation and living costs around the world. Last month saw the first anniversary of the invasion, and amid the renewed displays of solidarity from leaders in the UK, the US and the European Union, was …
The word “recession” hasn’t been far from the headlines for quite a while now, as the economy struggles to bounce back from the pandemic and soaring inflation hits consumer confidence. But the latest figures have raised some eyebrows. According to the latest official data, the UK economy shrank by 0.3 per cent in the three …
Introduction Savers and investors will not shed many tears for the end of 2022. A year that was beset by inflation and rising interest rates meant only three of the major stock markets we report on made gains in the year. That was how we started the final Stock Market Bulletin of last year. So …
