Trend UK GDP growth will help BoE hike rates in 2016

Headline UNITED KINGDOM: Trend growth to help BoE hike in 2016

Headline UNITED KINGDOM: GDP growth will remain sluggish


Headline UNITED KINGDOM: Poor productivity will weigh on growth


Headline UNITED KINGDOM: GDP will settle at trend growth


Headline UNITED KINGDOM: Industry will drag GDP growth lower


Subject Prospects for the United Kingdom to end-2018. Significance The government’s focus to end-2018 will be to negotiate a withdrawal agreement with the EU and balance the different Brexit factions within the ruling Conservative Party. Meanwhile, GDP growth is slowing as global activity is losing momentum and domestic political uncertainty combined with tighter fiscal and monetary policy is discouraging consumer and investment spending.


Significance Meanwhile, its programme to vaccinate the population against the coronavirus is proceeding slowly: fewer than 160,000 of its roughly 98 million people are fully inoculated. The only COVID-19 vaccine administered by the authorities to date is the UK-Swedish AstraZeneca shot, but Hanoi has received and ordered doses of other jabs as well. Impacts The authorities will keep use of Chinese vaccines limited. Quickly widening vaccination coverage will be key to realising the targeted average annual GDP growth of 6.5-7.0% in 2021-25. Vietnam will aim to become a key manufacturing hub for global vaccine supply chains.


Headline UNITED KINGDOM: England reopening carries major risks


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Headline UNITED KINGDOM: CPI upgrades signal earlier tightening


Headline UNITED KINGDOM: Core CPI and wages are key to policy


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