RaboResearch - Economisch Onderzoek

Economisch Kwartaalbericht

Finally some tailwinds (Engelstalig)

There are signs that UK’s economic activity is gathering momentum. But the recovery is not on a solid footing yet and, therefore, needs to be nurtured. Should ‘forward guidance’ not succeed to stem the tightening of financial condi-tions, more QE will probably be reconsidered as an option, especially because the government will not opt for a slower pace of fiscal austerity.

Economisch Kwartaalbericht

United Kingdom: Has the recovery finally arrived? (Engelstalig)

There are some signs that the UK recovery is gathering momentum. But the growth outlook remains very much dependent on the external economic envi-ronment. A re-escalation of the euro crisis can throw a spanner in the works. This is the translation of a part from the Dutch version of the Economic Quarterly.

Conjunctuurbeeld

Economic Update United Kingdom (Engelstalig)

The recent batch of positive data suggest that the recovery has arrived. The recent pick up of sentiment and loosening of financial conditions suggest that activity will slowly gather pace in the coming months. But the growth outlook remains weak.

Conjunctuurbeeld

Economic Update United Kingdom (Engelstalig)

The Budget 2013 had no surprises as the government opted for a fiscally neutral package. The Bank of England has got extra room to stimulate the economy. This is unlikely to change the outlook without slowing down the pace of fiscal tightening.

Economisch Kwartaalbericht

United Kingdom: growth stagnant, employment up? (Engelstalig)

UK’s recovery is still very sluggish while the labour market is going from strength to strength. The economic outlook is unlikely to improve materially unless the pace of fiscal consolidation is slowed.

Conjunctuurbeeld

Economic Update United Kingdom (Engelstalig)

GDP contracted in 12Q4. The labour market continues to surprise on the upside. Inflation is expected to rise further, which will be an extra headwind for households this year. There are signs that the Funding for Lending Scheme is gaining traction.