10 Jan Economic Review December 2021
The Bank of England (BoE) sanctioned a 15-basis-point increase in its main interest rate on 16 December and warned that inflation is now likely to hit 6% by spring...
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20 Dec Economic Review November 2021
Official statistics show the UK headline rate of inflation now stands at a 10-year high, with surveys pointing to further upward pressure as firms continue to report rapidly-rising cost burdens...
15 Nov Economic Review October 2021
The Office for Budget Responsibility (OBR) has upgraded its UK economic growth forecast and is now predicting the economy will return to its pre-pandemic level six months earlier than previously expected...
01 Nov Autumn Budget and Spending Review 2021
Chancellor of the Exchequer, Rishi Sunak, delivered his third Budget and the results of his Spending Review on 27 October, declaring that it begins “the work of preparing for a new economy post-COVID...
19 Oct Economic Review September 2021
The Office for National Statistics (ONS) has revised UK economic growth for Q2 2021 to 5.5% from an original estimate of 4.8%...
19 Oct Economic Review August 2021
The latest gross domestic product (GDP) figures showed that the UK economy grew strongly in the second quarter, although more recent survey evidence does suggest the recovery is losing momentum...
20 Aug Economic Review July 2021
The International Monetary Fund (IMF) has sharply increased this year’s growth forecast for the UK, although recent data does suggest the country’s strong economic rebound has begun to slow down...
15 Jul Profusion Wealth Management Golf Day
Profusion Wealth Management Ltd recently held their annual golf day at Branston Golf & Country Club in Burton-On-Trent. This was the eighth consecutive year that Profusion have held the event and the second consecutive year that the event was held at Branston Golf & Country...
06 Jul Economic Review June 2021
Following its latest meeting held on 22 June, the Monetary Policy Committee (MPC) judged that the existing monetary stance remains appropriate, despite inflation rising above the Bank of England’s target level...
11 Jun Economic Review May 2021
The Bank of England (BoE) has significantly increased its 2021 growth forecast, as survey evidence continues to highlight a strong economic rebound, fuelled by the easing of lockdown restrictions and rapid vaccine rollout...