It's almost like the most agile minds have the most agile cortex. |
It's very early to be drawing too many conclusions on the high street after the Christmas and New Year trading period. It's going to take some time for the full picture to unfold. |
Last month's inflation report ... (was) about as strong an endorsement of steady rates as one is likely to see. |
Last month's inflation report was about as strong an endorsement of steady rates as one is likely to see. The balance of news has turned around significantly over the past month and we now expect rates to remain on hold at 4.5% for the remainder of the year. |
Marks & Spencer has got its act together, ... There has been a UK retail boom in December but January has gone off to a slow start. |
One should note that the figures were pushed up by the [Queen's] jubilee-related bounce-back in manufacturing output in July and that the underlying pace of growth in the UK economy is still likely to be below trend. |
Our view continues to be that unless the economy veers sharply from its present course one way or the other, base rates will remain at 4.5 percent for the rest of the year. |
Our view is that base rates will remain on hold for the rest of the year, but that if there were to be a move, it would be down. |
Overall, it would take some very weak data to trigger another cut. While this is not impossible, especially if consumption trends are weak, the balance of risks has turned and we now believe that base rates will remain on hold at 4.5 per cent for the rest of the year. |
People with agile minds tend to have a very agile cortex. |
such a modest increase [in unemployment] is unlikely to have any impact on consumer confidence or affect consumer spending. |
That might be happening more efficiently in the most intelligent children. People with very agile minds tend to have a very agile cortex. |
The announcement was bang in line with market expectations. |
The critical numbers will be the data on January which are due in a couple of months, but there are no signs of inflation-busting pay deals from these numbers and we expect that to remain the case. |
The current account deficit was very disappointing. What we hadn't factored in was the greater outflow due to overseas earnings in the UK. |