United Kingdom Banking

The Monetary Policy Committee voted to hold Bank Rate at 3.75% at its meeting this week. But the vote was unexpectedly tight, and the committee's tone was more dovish than anticipated. We still expect the MPC to cut again by the April meeting, but the door has been opened to move in March if the ...

We don't expect December's sharp drop in mortgage approvals to mark the start of a UK housing market downturn. December is a low activity month with a big seasonal adjustment, and this weakness will likely be revised away or prove to be a one-off. Mortgage affordability has improved signific ...

This week's UK data releases reported a further cooling in wage growth and more job losses, while underlying price pressures remained stable. The data provided no reason to think the Monetary Policy Committee will deviate from the gradual path of rate cuts signalled in December, so Bank Rate is ...

The carryover effect of a poor end to last year has led us to cut our 2026 UK GDP forecast by 0.1ppt to 0.9%. We still expect growth of 1.4% in 2027. The UK remains overly reliant on the public sector to drive GDP growth, with a range of headwinds – including tax rises, slowing real income growth, a ...

Though GDP surprised on the upside in November, this is unlikely to mark a turning point for the UK economy. Much of November's strength was payback for earlier weakness, while evidence of residual seasonality in the GDP data continues to build. Continued private sector weakness is likely to mea ...

Data published around the turn of the year was consistent with the downbeat mood that characterised the latter months of 2025. We will publish our new UK forecast early next week, and this will show that we have cut our projection for GDP growth in 2026 to 0.9%, which is towards the bottom of the co ...

The media debate around whether the Chancellor exaggerated the size of the UK's fiscal repair job is misplaced, in our view. The bigger issue is that the deficit reduction plan is based on the unlikely prospect of a significant tightening in an election year and optimistic GDP forecasts. Markets ...

Companies in this industry make unsecured cash loans to consumers. Major companies include EZCORP, FirstCash, OneMain Financial, and Sallie Mae (all based in the US), along with Orient Corporation (Japan), and Tesco Bank and Vanquis Banking Group (both based in the UK). COMPETITIVE LANDSCAPE Demand ...

Macroeconomic Outlook Report: United Kingdom Summary Financial intermediation, real estate, and business activities contributed 34.5% to the gross value added (GVA) in 2024, followed by wholesale, retail, and hotels (13.8%) and mining, manufacturing, and utilities (12.3%). In nominal terms, the thre ...

The 2025 United Kingdom Banking Bring-Your-Own-Device (Byod) Security Market Forecast (2026-2031 Outlook)-Market Opportunities Report, published by Barnes Reports, contains timely and accurate market statistics and forecasts on the market. The product or service category is within the NAICS Computer ...

The 2025 United Kingdom Banking Software Market Forecast (2026-2031 Outlook)-Market Opportunities Report, published by Barnes Reports, contains timely and accurate market statistics and forecasts on the market. The product or service category is within the NAICS Computer Design and Programming indus ...

We've raised our forecast for UK GDP growth this year by 0.2ppts to 1.3% due to a stronger-than-expected Q2. But we still project growth to slow to just 0.9% in 2026. We forecast sluggish growth next year given the strength of domestic headwinds, including fiscal policy being tightened significa ...

A volatile week for gilts demonstrated the importance of the UK government maintaining a credible commitment to fiscal discipline. As things stand, Chancellor Rachel Reeves will likely need to tighten policy by £20bn-£30bn in the Budget this autumn. Most of the savings will come from furth ...

UK Debt Management - Industry Report The analysis conducted in the Debt Management (UK) report is ideal for anyone wanting to • Identify the market leaders • Spot companies heading for failure • Seek out the most attractive acquisition opportunities • Analyse industry trends • Benchmark their own fi ...

UK Independent Financial Advisers - Industry Report The analysis conducted in the Independent Financial Advisers (UK) report is ideal for anyone wanting to • Identify the market leaders • Spot companies heading for failure • Seek out the most attractive acquisition opportunities • Analyse industry t ...

UK Money Transfer - Industry Report The analysis conducted in the Money Transfer (UK) report is ideal for anyone wanting to • Identify the market leaders • Spot companies heading for failure • Seek out the most attractive acquisition opportunities • Analyse industry trends • Benchmark their own fina ...

UK Cash & Valuables in Transit - Industry Report The analysis conducted in the Cash & Valuables in Transit (UK) report is ideal for anyone wanting to • Identify the market leaders • Spot companies heading for failure • Seek out the most attractive acquisition opportunities • Analyse industry trends ...

UK Financial Claims Management - Industry Report The analysis conducted in the Financial Claims Management (UK) report is ideal for anyone wanting to • Identify the market leaders • Spot companies heading for failure • Seek out the most attractive acquisition opportunities • Analyse industry trends ...

UK Asset Finance - Industry Report The analysis conducted in the Asset Finance (UK) report is ideal for anyone wanting to • Identify the market leaders • Spot companies heading for failure • Seek out the most attractive acquisition opportunities • Analyse industry trends • Benchmark their own financ ...

UK Fund Administration - Industry Report The analysis conducted in the Fund Administration (UK) report is ideal for anyone wanting to • Identify the market leaders • Spot companies heading for failure • Seek out the most attractive acquisition opportunities • Analyse industry trends • Benchmark thei ...

UK Asset Management - Industry Report The analysis conducted in the Asset Management (UK) report is ideal for anyone wanting to • Identify the market leaders • Spot companies heading for failure • Seek out the most attractive acquisition opportunities • Analyse industry trends • Benchmark their own ...

UK Banking - Industry Report The analysis conducted in the Banking (UK) report is ideal for anyone wanting to • Identify the market leaders • Spot companies heading for failure • Seek out the most attractive acquisition opportunities • Analyse industry trends • Benchmark their own financial performa ...

Speaking at events this week, three members of the Monetary Policy Committee largely confirmed our priors about whether they are likely to vote for an August rate cut. Megan Greene's remarks were relatively hawkish. But more dovish sentiments from Andrew Bailey and Dave Ramsden mean we continue ...

As expected, the Monetary Policy Committee kept Bank Rate on hold at 4.25% this week. But both the tone of the minutes and the vote were more dovish than we had anticipated. We think an August rate cut is almost certain, with a November cut likely to follow. The MPC also seemed more open to adding a ...

The end of the temporary increase in stamp duty thresholds triggered a surge in lending and transactions in March as buyers raced to beat the deadline. Though we're likely to see a softer patch for UK housing activity and prices in the short-term, the market looks healthier than it has for some ...