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RICS UK Economic Brief February 2007 strong global economic conditions put UK on course for higher interest rates [electronic resource]

By: Language: English Series: RICS UK Economic Brief ; February 2007Publication details: London RICS 2007Subject(s): LOC classification:
  • 333.33 $2 18
Online resources: Summary: Discusses the growth in the UK economy in the final quarter of 2006 , which has been accelerating since a low point in mid 2005. Reports that strength in the corporate sector has raised concerns over inflation pressures, particularly in wages, pointing to additional interest rate rises in the months ahead. Predicts higher interest rates despite renewed financial market volatility in late February as the global economic backdrop remains good.

Discusses the growth in the UK economy in the final quarter of 2006 , which has been accelerating since a low point in mid 2005. Reports that strength in the corporate sector has raised concerns over inflation pressures, particularly in wages, pointing to additional interest rate rises in the months ahead. Predicts higher interest rates despite renewed financial market volatility in late February as the global economic backdrop remains good.