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Economic outlook and indicators

July 2018

The warm UK weather brings a welcome boost to consumer spending, but with possible rising interest rates and the rising tide of protectionism, will it last? Henk Potts updates us.

In the latest outlook, Henk is joined by Cicero’s Iain Anderson, as they discuss the World Cup, Royal Wedding and walk through the Prime Minister’s vision of post-Brexit Britain.

Listen to the outlook below, or you can download Henk and Iain’s conversation as a podcast to hear their full conversation on the go.

UK and global economic outlook

This podcast was recorded on Tuesday 17 July 2018.

Download Iain and Henk’s conversation in full as a podcast to listen on the go from any of the following podcasting apps:


Consumer Prices Index 
Source: ONS^ (opens in a new window)
Last updated: 18 July 2018
Next update: 15 August 2018

Price of Milk
Source: ONS^ (opens in a new window) 
Last updated: 18 July 2018
Next update: 15 August 2018

Bank of England Official Base Rate
Source: Bank of England^ (opens in a new window)
Last changed: 2 August 2018
Next update: 13 September 2018

Quarterly GDP growth
Source: ONS^ (opens in a new window)  
Last updated: 10 July 2018
Next update: 10 August 2018

2018 forecast
Source: Barclays
Last updated: 13 July 2018