Supplement 2 Feb 25 - The New Dawn?

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This week in the ONLY agenda-free UK Property and Macroeconomic roundup:

The deep dive goes long - Rachel Reeves is going “Further and Faster” - no, not out the door of Number 11 as some have been hoping - but for GROWTH

 

We also have, in the Macro section:

 

The Nationwide House Price Index (and affordability report) - in detail

The Bank of England Money and Credit Report - with implications

The ONS real-time report on Economic Activity and Social Change in the UK - and how we are stacking up compared to 5+ years ago

The gilts and swaps - an orderly and directionally sweet week.

 

And in the deep dive......

 

Rachel Reeves Resurrection, Rallying Cry, Roar, Respite from Negativity - call it what you will. Crumbs for the North and Midlands, and Gold for the South? No wonder they dropped the levelling up chat, eh? But no - apparently you can build runways and gigantic developments in the countryside but it all be congruent with net zero?

That seems like a big lie, to be honest - BUT, however they are going to navigate that bit, these moves are absolutely in the right direction. Make no mistake. Reeves 2.0 looks a vast improvement (yes, from a low bar of a start). Expect Rachel to no longer look like she’s been dug up when you see her in the media - she’s in the ascendancy now, but now we will find out what mettle (and ability) lies behind the padded CV and the rhetoric. Spring looks BIG.

 

What you know at the end is - as ever-present, we will be Keeping Calm and Carrying On throughout 2025 - We will get there, regardless of the best or worst efforts of the current Government!

 

Enjoy

 

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