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BOE Rate Decision

Rates in the UK were cut to lowest point ever over Brexit concerns.   In short, the increased uncertainty over the move to leave the EU has impacted confidence and business investment. This has affected consumer spending, the real estate market,…

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UK BOE keeps rates on hold – Future?

The labour market is very tight with unemployment at the medium term trend of 5.5%, this is down from over 8% a few years ago.  Thus, the job market is back to normal and probably tightening.  This would be a…

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