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Notayesmanseconomics's Blog

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Economy

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Notayesmanseconomics's Blog

18.01.2025

The UK looks set to try and ramp house prices again | Notayesmanseconomics's Blog

We are in that part of the month which is packed with UK economic news and today is the turn of the official retail sales numbers. Retail sales volumes (quantity bought) are estimated to have fallen by 0.3% in December 2024, following a small rise of 0.1% in November 2024 (revised down from 0.2% in…

Notayesmanseconomics's Blog

21.01.2025

The Bank of Japan is not as keen to raise interest-rates as many think | Notayesmanseconomics's Blog

Last week was one dominated by views on future interest-rates as we saw bond markets follow the nursery rhyme about the Grand Old Duke of York. He marched his men ( bond yields) to the top of the hill on Monday and Tuesday and then he marched them down again. In my home country the…

Notayesmanseconomics's Blog

22.01.2025

UK Unemployment rises and remember the employment tax rises are yet to come | Notayesmanseconomics's Blog

This morning brought us up to date with the latest news on the UK labour market. With the recent rise in employment taxes in the Budget from Chancellor Rachel Reeves most eyes will have been attracted to this bit. The UK unemployment rate for people aged 16 years and over was estimated at 4.4% in…

Notayesmanseconomics's Blog

23.01.2025

December was a bad month for UK Public Finances with spending rising | Notayesmanseconomics's Blog

This morning we have been updated about the UK Public Finances. These are important at the moment on several fronts. The reality is that the UK was fiscally spendthrift under the previous government. This has been followed by a new government which increased borrowing in its October Budget. Plus we have in the New Year…

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