Chris Williamson, chief economist at Markit, says the upward revision will heap pressure on Bank of England policymakers to consider hiking interest rates — particularly as there is now evidence of rising incomes and pressure on pay.

Topics:  chris williamson   markit   bank   england   pressure   
BING NEWS:
  • U.S. economy grows at 3.1% pace in third quarter, an upgrade from previous estimate
    The American economy grew at a healthy 3.1% annual clip from July through September, propelled by vigorous consumer spending and an uptick in exports, the government said in an upgrade to its previous ...
    12/19/2024 - 12:35 am | View Link
  • Rising demand leads to solid growth for North East businesses
    Panellists for the latest Natwest Growth Tracker linked the upturn to an improved economic outlook across the North East ...
    12/9/2024 - 12:00 pm | View Link
  • Continued economic rebound expected to create prime investment opportunities in 2025, says CBRE
    CBRE is anticipating a continuing economic rebound in 2025, creating an opportune moment for investors, according to the firm’s UK Real Estate Market Outlook 2025.
    12/8/2024 - 6:42 pm | View Link
  • ‘Punching above its weight’: professional services drive UK economic growth
    In the third quarter of 2024, output in professional services was up 16 per cent on the fourth quarter of 2019, before the Covid-19 pandemic, compared with overall economic growth of 3 per cent.
    11/25/2024 - 11:00 am | View Link
  • UK economy shrinks as outlook on recession darkens
    Capital Economics said there was now a greater ... also had a tough quarter," said Darren Morgan, director of economic statistics at the ONS. "These were partially offset by growth in hotels ...
    08/11/2022 - 1:00 pm | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News