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https://www.markiteconomics.com/Public/Home/PressRelease/e8bdeca53491463a81a02d6b9c8eb4e0

UK factory activity growth revised up in December - PMI

LONDON, Jan 4 (Reuters) - British manufacturing grew slightly more quickly than originally thought in December and pandemic-related supply chain problems eased a bit, taking some of the heat out of rising input prices, a survey showed on Tuesday.

Inflation at seven per cent will force BoE into a couple of rate hikes to 1% for 2022 great news for Lloyds investors

IAG is a beneficiarie of receding Omicron-related fears up 10% today going forward its about long haul travel coming back

Paul Gordon, Managing Director for SME and Mid Corporates, Lloyds Bank Commercial Banking, said: “The Business Barometer has provided unique insights into the views of British businesses for 20 years. In that time, we have seen a seismic shift in the economic context in the UK, as well as the extraordinary ability of business leaders to adapt and evolve to meet changing market needs.

https://www.lloydsbankinggroup.com/media/press-releases/2022/lloyds-bank/business-leaders-next-20-years.html

Inflation could push past the seven per cent mark this year, economists have cautioned, as living costs swell.

The new year could bring the highest levels of inflation since the 1990s, economists told The Times, after prices rose by 5.1 per cent in the year to November.

More than a third of economists forecast inflation to peak between six and 6.5 per cent, while 15 per cent of those polled expect it will rise beyond 6.5 per cent.

https://www.cityam.com/inflation-could-push-past-seven-per-cent-in-2022-economists-warn/

People being hospitalised with COVID-19 in the United Kingdom are broadly showing less severe symptoms than before, Britain's vaccine minister said on Tuesday

FTSE 100 to start 2022 on the front foot, following Wall Street footsteps
London’s blue chip index has been predicted to jump around 43 points at the open

FTSE 100 to start 2022 on the front foot, following Wall Street footsteps
London’s blue chip index has been predicted to jump around 43 points at the open

Final Markit Manufacturing PMI fell to 57.7 in December from 58.3 in November.

https://www.google.com/amp/s/www.fxstreet.com/amp/news/us-markit-manufacturing-pmi-falls-to-577-final-in-december-vs-578-flash-estimate-202201031500

Barratt Developments is forecast to achieve nearly £1.3billion, while London-focused developer Berkeley is predicted to make just over £1billion and Taylor Wimpey £994m.

https://www.thisismoney.co.uk/money/markets/article-10362863/Britains-biggest-housebuilders-make-7bn-profit-pandemic.html

The Omicron variant of COVID-19 is spreading among over-50s, but data do not suggest further restrictions are needed because of the high uptake of booster jabs by older people, British Education Secretary Nadhim Zahawi said on Monday.

We think UK growth also fell a bit short at the end of 2021 because of supply constraints and omicron. And the New Year will probably start fairly slowly for the same reasons. But as supply issues get resolved and with unspent savings burning holes in people’s pockets, look out for 4% plus growth in the UK also for the year.

The biggest issue, both internationally (especially in the US) and in the UK is likely to be inflation. Both the Fed and the Bank of England have indicated a tightening in their stances but we are not convinced that their current expected plans will be sufficient. Look out for inflation reaching over 6% in the UK and over 7% in the US.

https://cebr.com/reports/growth-should-be-fairly-strong-stock-markets-weak-but-fighting-inflation-will-be-a-dominant-policy-theme-of-22-while-managing-the-consequences-of-environmental-policy-will-make-this-more-d/

WESTCCOUNTRYBO
"""Not doom and gloom so will not sell papers"""

Reuters dont sell papers they report the news with integrity, independence, and freedom from bias.

The United Arab Emirates will ban non-vaccinated citizens from traveling abroad from Jan. 10, the state news agency WAM reported on Saturday, citing the foreign ministry and the National Emergency Crisis and Disaster Management Authority

Singapore’s gross domestic product (GDP) grew 7.2 percent in 2021, after a recession a year ago due to the coronavirus pandemic, the government data showed on Monday.

The economy expanded by 5.9 percent in the last quarter of 2021, signaling a moderation in the growth compared to the 7.1 percent in the July-September quarter

Children in secondary schools in England will be told to wear face coverings when they return after the Christmas holiday next week to tackle a surge in cases of the Omicron variant of COVID-19

Jan 2 (Reuters) - Over 4,000 flights were cancelled around the world on Sunday, more than half of them U.S. flights, adding to the toll of holiday week travel disruptions due to adverse weather and the surge in coronavirus cases caused by the Omicron variant.

https://www.reuters.com/markets/commodities/airlines-grapple-with-omicron-related-disruptions-start-off-2022-2022-01-02/

Heathrow airport 'disruption' as British Airways flight aborts landing due to 'issue'

https://www.mirror.co.uk/news/uk-news/breaking-heathrow-airport-disruption-police-25834634

A TOP economist is poised to launch a campaign calling for an overhaul of the Bank of England's rate-setting committee after 'dithering' over its decisions.

https://www.thisismoney.co.uk/money/article-10360567/Economist-attack-Bank-Englands-dithering-rate-decisions.html