Since mid-2005 there have been concrete signs that the consumer is bouncing back and there is evidence from individual retailers as well as the key surveys that the critical Christmas period saw very robust retail spending.
More Quotes from Alan Clarke:
Overall, this reinforces signs that we have seen the worst news on UK activity.Alan Clarke
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.
Alan Clarke
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.
Alan Clarke
Growth has come back and there's still some further improvement left in the pipeline. I think the sentiment on the rate-setting committee is also evolving. With the data continuing to improve we could see a 9-0 vote fairly soon.
Alan Clarke
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.
Alan Clarke
The worst news on UK inflation is yet to come. The probability of a further rate cut is clearly reducing.
Alan Clarke
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