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UK public inflation expectations fall sharply in January - Citi/YouGov
The British public's expectations of future inflation have fallen sharply this month, though uncertainty about the future path of inflation has risen due to the unclear prospects for sterling from the Brexit process, a monthly survey showed. Public expectations for inflation over the coming year sank to 2.6 percent in January from 2.9 percent, while expectations for the next 5-10 years fell to 3.0 percent from 3.3 percent, the Citi/YouGov survey showed. The proportion of people surveyed who did not know what would happen to inflation rose to a record high of 21 percent.
Wed, 30 Jan 2019 08:31:45 +0000Read morePound firms as traders ramp up bets on soft Brexit
The British pound rose to a two-month high against the euro on Thursday, extending recent gains on growing expectations that Britain can avoid a no-deal Brexit. In a tumultuous week for British politics, Prime Minister Theresa May's Brexit deal suffered a heavy defeat in parliament but she won a subsequent vote of confidence, removing some political uncertainty for now. Although a multitude of options remain on the table, including fresh elections or even a second referendum vote, market analysts believe the risks of a hard no-deal Brexit have receded considerably despite the headlines.
Thu, 17 Jan 2019 15:37:39 +0000Read moreUK would vote to stay in EU by 12 pct point margin - YouGov poll
Britain would vote to stay in the European Union by a 12 percentage point margin if it was given another vote, the highest level since the shock 2016 Brexit referendum, according to a YouGov (LSE: YOU.L - news) poll taken on Jan. 16. The results of the poll, distributed by the People's Vote campaign which is pushing for another referendum, showed that 56 percent would vote to stay in the EU and 44 percent would vote to leave, excluding those who would not vote or didn't know. "The Remain lead, 12 percent, is the highest yet," Peter Kellner, former president of YouGov, was quoted as saying by the People's Vote.
Thu, 17 Jan 2019 10:55:00 +0000Read moreUK opposition leader Corbyn calls for election to break Brexit impasse
British Labour leader Jeremy Corbyn called on lawmakers on Thursday to help his opposition party "break the deadlock" over Brexit and support his call for a motion of no confidence in the government to trigger an election. Pledging to vote against Prime Minister Theresa May's deal next week, Corbyn said only a Labour government could secure an accord with the European Union that would re-unite Britain, a move that would, he acknowledged, most probably require an extension of the Brexit talks with Brussels.
Thu, 10 Jan 2019 13:48:07 +0000Read moreBritons would now vote to stay in EU, want second referendum - poll
More Britons want to remain a member of the European Union than leave, according to a survey published on Sunday which also showed voters want to make the final decision themselves. Britain is due leave the EU on March 29, but Prime Minister Theresa May is struggling to get her exit deal approved by parliament, opening up huge uncertainty over whether a deal is possible, or even whether the country will leave at all.
Sun, 06 Jan 2019 13:30:38 +0000Read more