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The Latest Breaking News from Panon Macroeconomics

Retailers struggled over Christmas as embattled shoppers cut back on spending

Experts had forecast a 0.5% rise in retail sales volumes – but they dropped 1%

Evening Standard

A 20% home price crash? These 7 forecast models can see it—where the other 13 leading models have the 2023 housing market going

Where 20 leading forecasters foresee home prices going in 2023.

Fortune

Home-buyer mortgage approvals fell significantly in September

Mortgage approvals for house purchases decreased to 66,800 in September, down from 74,400 in August, the Bank of England said.

The Independent UK

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Pound hits two-week high as chancellor ‘brings forward debt plan and forecast’

Kwasi Kwarteng promises to release the highly anticipated financial statement ‘shortly’

The Independent UK

Jump in mortgage approvals in August is ‘calm before the storm’

Experts said the surge in loan approvals is likely to reflect people trying to lock into mortgage deals amid expectations of rising interest rates.

The Independent UK

UK house prices may fall 20% amid mortgage ‘carnage’, warn experts

Lack of supply will prevent crash, say some, while others predict ‘simple maths’ mean property price bubble poised to burst

The Guardian - UK

Retail sales fall as shoppers tighten belts amid soaring prices

Sales in the UK's retail sector fell by more than expected last month

Wales Online

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How soaring inflation will affect your household budget and spending over the autumn

Bakery products, dairy, meat and vegetable prices pushed inflation to 10.1% in July.

Daily Record

Biggest cost of living increase in decades expected with latest inflation figures

Inflation is expected to peak later this year at 13.3% and will push the UK into a recession, according to the Bank of England

Wales Online

Biggest jump in cost of living in decades expected with latest inflation figures

Consumer Prices Index inflation will likely reach 9.8%, according to an average of analysts’ estimates.

People

From analysis to the latest developments in health,
read the most diverse news in one place.

Organisations

Office for National Statistics

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