🇬🇧 UK April GDP contracts as gilt markets push back on the BoE's terminal rate story
🇬🇧 UK housing has erased all of 2024's recovery as gilt yields anchor mortgage costs beyond the Bank Rate's reach
🇬🇧 BoE gets 24 hours between May CPI and its rate decision, with the July energy reset already locked in
🇬🇧 UK retail's May surge flatters to deceive as airline spending flags a softer Q3
🇬🇧 May retail bounce hands the BoE cover to hold as UK vacancies fall to 2014 lows
🇬🇧 BoE's Greene relitigates the transitory debate as services PMI tips into contraction
🇬🇧 UK corporate price expectations hit a 15-month high, and July's Ofgem cap reset hasn't landed yet
🇬🇧 UK construction closes in on GFC-length contraction as rate markets flip from cuts to hikes
🇬🇧 UK services slip into contraction for the first time in 13 months as Greene signals a growing case for hikes
🇬🇧 UK house prices post first fall of 2026 on a confidence shock that rate cuts cannot cure
