State of Play. 19 October 2023
Financial MOT – part two
Following on from the first part of the blog two weeks ago, which covered inflation, explored the UK economy and used the MOT test example, this week we measure economic growth and employment. Last week, the latest data showed the UK economy remains resilient but fragile, backed up by new forecasts from the International Monetary Fund (IMF). This week sees a deluge of new data covering wages, vacancies and inflation, which should shed some light on the road ahead. The UK economy brakes may be worn, but do they need replacing?
Simon Durling, from Santander Asset Management, shares his thoughts in this week’s State of Play.