Royal Bank Of Scotland

Chancellor Hammond's Autumn Statement will be his last. From now on, there will be a solitary annual Budget event per year. Its swansong was a low key affair. The financial crisis still casts a long...

Unemployment may be low and job growth robust, but it's not time to rest. The UK's productivity performance is screaming for more investment. So it's encouraging that more spending on infrastructure...

As the world watches and waits for the outcome of the US election there are signs of modest improvements in performance across the major economies. The Bank of England marked up its 2017 growth...

The UK’s service sector delivered yet again in Q3, propelling the economy to a 0.5%q/q expansion. In the past five years service sector output has risen 14%. Not far behind the 17% rise in the...

For now low inflation is propelling real income gains. That looks set to change over the course of the next year.Still fair…. For the last two years or so, UK households have been in the midst...

Just when you think it's cooling, it comes back again. The housing market seems to be regaining a bit of momentum. But it's not surprising. The UK won't break its bad habit of not building enough...

The UK economy may be on the cusp of receiving two new little growth boosts. Firstly, the Chancellor signalled an adjustment in fiscal policy to free up cash for investment. Second, the recent fall in...

When it comes to growth the UK economy has shown in recent years that it can deliver. But underneath there are concerns – a gaping current account, very strong credit growth and house prices...

UK businesses appear in decent shape. Turnover is up as are Corporation Tax receipts. Yet sterling has lost roughly one-tenth of its value since June and that’s raising input costs and squeezing...

The biggest factor supporting the UK’s recent relative economic strength is jobs. The proportion of the working-age population in work is the highest ever recorded. Jobs will largely shape the...

A decent month for trade and a decent year for industry still leave gaps in both. The trade deficit remains at near-record levels while industrial output is 7% lower than it was a decade ago. The...

Those waiting for the post-vote shoe to drop will be disappointed. On most measures either the initial ‘Brexit’ shock has been reversed or it never happened. So much depends on jobs...

If you’re walking in the dark it’s useful to know where you’re starting from. With Q2 GDP growth confirmed at 0.6%, supported by decent data for June, we can be confident that the UK...

We now have a small set of hard economic data covering July. And overall it’s proved reassuring. The UK jobs machine keeps running and we just can’t stop shopping. These are early days...

Recent data suggest two things. First, the UK’s impressive pre-vote 0.6% Q2 growth may be trimmed a touch. Second, that consumer spending post-vote should prove stronger than first feared. A...

Is three a magic number? The Bank of England hopes so, last week announcing three measures to boost the economy. Yet we’re still waiting for firm evidence that the economy has slowed sharply....