UK demand shows tentative signs of stabilising, but weak consumer confidence keeps the outlook fragile, as per HSBC Global Economic Research.
The Bank of England held bank rate at 3.75 per cent, with further cuts expected but uncertain.
Business activity rebounded in January and new orders improved, while inflation is forecast to ease to 2 per cent by April 2026.
The Bank of England held bank rate at 3.75 per cent, with further cuts expected but uncertain.
Business activity rebounded in January and new orders improved, while inflation is forecast to ease to 2 per cent by April 2026.
