Majority of UK firms see no material impact from US trade policy changes - BOE survey ...Middle East

News by : (forex live) -
US trade policy remains one of the top three sources of uncertainty for UK businessesBut the share of firms seeing that to be the case is now down to 12% (previously 22%)70% of UK firms reported that changes to US trade policy would have no material impact on their businessFirms' expectations for year-ahead inflation unchanged at 3.2% in the three months to MayFirms' expected year-ahead wage growth now seen at 3.7%, down by 0.1% from before

The UK is one of the few countries to be least impacted from Trump tariffs, so it does explain the sentiment above of course. That said, stagflation worries remain the big threat for the UK economy at the moment - not least after the inflation jump in April here.

This article was written by Justin Low at www.forexlive.com.

Read More Details
Finally We wish PressBee provided you with enough information of ( Majority of UK firms see no material impact from US trade policy changes - BOE survey )

Also on site :

Most Viewed News
جديد الاخبار