Economic Update 07 Apr 2025 6 minute read
Key week for US data and Fed sentiment amidst tariff fallout
It’s another quiet week on the UK data front, but that hasn’t stopped the pound from coming under pressure. Since President Trump’s surprise tariff announcement last week, markets have shifted into risk-off mode, favouring safer assets and putting the pound...
Economic Update 31 Mar 2025 7 minute read
Political tensions and packed data calendar for the US
It’s a quiet week ahead for UK data releases, meaning GBP movement may remain relatively muted. Markets continue to digest the impact of Chancellor Rachel Reeves’ Spring Statement, with attention now shifting to how those changes will...
Economic Update 24 Mar 2025 7 minute read
UK spending cuts loom as borrowing overshoot hits £20.4 billion
Last week, the Bank of England adopted a slightly more hawkish stance than anticipated, with only one policymaker advocating for an immediate rate cut. The Monetary Policy Committee maintained its benchmark rate at 4.5% with an 8-1 vote split, as only Swati Dhingra called for...
Whitepaper 20 Mar 2025 1 minute read
A guide to imports and exports for UK SMEs
Discover how UK SMEs can navigate the evolving global trade landscape with our comprehensive guide. Learn about the latest trends, practical strategies, and how to mitigate FX risks.
Economic Update 17 Mar 2025 6 minute read
A challenging road ahead for the Fed, with slowing economic growth, sticky inflation, and trade tariff uncertainty
The GBP has demonstrated robust performance in early 2025 but has recently stabilised against other major currencies. Although it seemed relatively unaffected by last week's GDP growth data, when it came in below expectation, revealing the UK economy...