GDP

06/04/2021

Market report: Lockdown easing lifts GBP

GBP Boris Johnson yesterday confirmed plans to ease lockdown measures from April 12th. This has further boosted GBP, which recently hit a new thirteen month high against EUR and is performing much stronger against USD.  As of April 5th, 31,581,623 people in the UK had received their first dose, with 5,432,126 fully vaccinated. This is fueling a real sense of optimism for sterling. Especially as […]

01/04/2021

GDP rise lifts sterling

GBP The UK economy showed further signs of life yesterday as GDP rose by 16.9% and 1.3% in Q3 and Q4 respectively. GDP had fallen by 9.8% in 2020, the biggest drop for over 300 years, so this was welcome news. A high level of accumulated household savings likely funded the growth, at least in part. The saving rate increased from […]


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