Economic Hub

Economic Hub

Monthly updates and insights from our Economist Team

June/July 2021

Add your signposting title here… More than a flash in the pan: the largely unforeseen housing market boom continues into mid-2021
House price growth and record activity levels
Add your signposting title here… The near-term market outlook is bright
The volume of mortgage approvals supported by improved consumer confidence
Add your signposting title here… The economy began to grow again in February and output looks set to rebound swiftly over the coming months
Optimism of businesses as consumer spending returns to pre-covid levels
Add your signposting title here… Policy support – most notably the furlough scheme – has been hugely successful in limiting unemployment
Reduction in unemployment and hiring activity picking up to within 10% of pre-covid levels
Add your signposting title here… Some groups of workers have fared better than others
Workers on zero hour contracts far more likely to have been impacted
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Add your signposting title here… Disclaimer

This material is published by National Westminster Bank Plc, for information purposes only and should not be regarded as providing any specific advice. Recipients should make their own independent evaluation of this information and no action should be taken, solely relying on it. This material should not be reproduced or disclosed without our consent. It is not intended for distribution in any jurisdiction in which this would be prohibited. Whilst this information is believed to be reliable, it has not been independently verified by National Westminster Bank Plc and National Westminster Bank Plc makes no representation or warranty (express or implied) of any kind, as regards the accuracy or completeness of this information, nor does it accept any responsibility or liability for any loss or damage arising in any way from any use made of or reliance placed on, this information. Unless otherwise stated, any views, forecasts, or estimates are solely those of the National Westminster Bank Plc Economics Department, as of this date and are subject to change without notice.

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