Alan Clarke
Alan Clarke
Alan Clarkewas an English television and film director, producer and writer...
ProfessionDirector
Date of Birth28 October 1935
news seen signs uk worst
Overall, this reinforces signs that we have seen the worst news on UK activity.
clearly cut further inflation news rate uk worst
The worst news on UK inflation is yet to come. The probability of a further rate cut is clearly reducing.
cut expects interest rates
Not even the most dovish of forecasters expects interest rates to be cut at Thursday's meeting.
demand domestic given hope performance services
Services performance was encouraging especially given the glimmers of hope on the domestic demand side.
believe consumer continue growth higher housing improved market move next rates spending spot weak
With growth back to trend, housing market indicators trending higher and consumer spending substantially improved from the mid-2005 weak spot we continue to believe the next move in rates is up not down.
committed fraud future impact majority prior recent
As the majority of the fraud was committed in prior periods, there was no impact on the company's recent interim result, or future results.
adjust believe continue data firm higher inflation interest rates risks upside
As the data continue to firm and upside risks to inflation build, we believe the MPC will adjust interest rates higher in the New Year,
blow body clinging hope interest lower
This was another body blow for those still clinging on to the hope of lower interest rates.
broader certainly consumer data demand fair hawks lends official quarter retail sales suggest support
This certainly lends support to the (Bank of England) hawks that suggest the official retail sales data may not be a fair representation of broader consumer demand in the first quarter of the year.
believe brink falling firmly healthy interest likely move next rates retail sector shows
It's a healthy increase. It shows the retail sector is not on the brink of falling off a cliff. I still firmly believe the next move in interest rates is more likely to be up than down.
consistent dependent equity growth home house price rebound rise shows spending top
The rise in equity withdrawal is consistent with the rebound in house price inflation. It shows spending growth is increasingly dependent on equity extraction on top of take home pay.
context cut deep figures interest mortgage news rates soon suggest surprising widely
Speculation that we will see deep interest rates is overdone. In the context of the widely anticipated rate cut in August, it is not surprising that the Halifax figures rose. Mortgage approvals suggest we should soon get better news on house-price inflation.
among believe bring closed concerns control door further harder hawks inflation rising
We believe that with inflation rising rapidly, and concerns among the hawks that it will be harder to bring under control ... the door has been closed to further cuts.
highlight house inflation last learn mistakes mortgage price rather react sooner
Mortgage approvals highlight a significant probability that we will see double-digit house price inflation this year. The MPC would do well to learn from last year's mistakes and react sooner rather than later.