Economics

Down from 3.5% in March

Wages remain strong

Friday Briefing

GDP growth to reach 1.6% in 2027

Number of private sector businesses fallen significantly

From Carmignac’s UK headquarters in the heart of St James, Mark Denham manages the FP Carmignac European Leaders OEIC and its sister SICAV strategy classified Article 9 under the SFDR regulation, with a combined AUM of c.€960m (as per 03/05/24).

Out of technical recession

‘Lesser of two evils’

Held at 5.25%

Hit £5.2bn from £981m in 2023