Jonathan Loynes
Jonathan Loynes
figures finances public rather uk
August's UK public finances figures are, for once, rather better than expected.
british cut dent expect falling further growth inflation interest modest monetary prompt prospects rate rise sluggish year
While the stronger-than-expected rise in British GDP put a further dent in the prospects of an interest rate cut in February, we still expect the combination of sluggish growth and falling inflation this year to prompt a modest loosening of monetary policy.