020 7898 0500Talk of Trump’s trade tariffs dominated the headlines yesterday on what was a fairly quiet day for UK economic data. However, on the political front, MPs took to trolling Boris Johnson, who is thought to have fled the country in order to avoid having to vote on the Heathrow expansion. Johnson had previously said he would lie down in front of bulldozers to prevent a third runway being built, but he is now in Afghanistan and won’t have to vote.
Today we will see UK finance mortgage approvals but otherwise, it is another quiet day. In fact, it is pretty quiet until Thursday, when we will see Nationwide housing prices, but this week’s highlight is the final reading of the GDP growth rate for the first quarter of 2018. That will give us a real indication of how the UK’s economy has been performing and could cause some sterling volatility.
