Samuel Tombs
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| Alma mater | University of Oxford |
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| ID | 1342963 |
About Samuel Tombs
Samuel Tombs is an award-winning British economist. He is the Chief U. K. Economist of Pantheon Macroeconomics, an economic research firm located in Newcastle, England, with an office in White Plains, . . .
UK economy grew faster than estimated since Covid
... " Samuel Tombs, chief UK economist at Pantheon Macroeconomics, noted that when it came to international comparisons, " a stable picture might take some time to emerge, given that statistical authorities in other countries are revising their data too"...
Food prices remain worryingly high, says Chancellor Jeremy Hunt
... Samuel Tombs of Pantheon Macroeconomics predicts that another interest rate rise is " now is firmly on the table" when the Bank of England meets on 22 June, potentially lifting borrowing costs from 4...
Mortgage lenders halt some deals after pound falls
... Samuel Tombs, chief UK economist at Pantheon Macroeconomics, said if interest rates rise as predicted, the average household refinancing a two-year fixed rate mortgage in the first half of next year would see monthly payments jump to £1,490 from £863...
Plan B: How will the changes affect the economy?
... " It seems that consumers confidence has been knocked back by news of the new variant, " wrote Pantheon s chief economist Samuel Tombs in the research note...
Nationwide: UK house prices continue surge, up 10% in November
... Samuel Tombs, chief UK economist at Pantheon Macroeconomics, suggested linked mortgage rates could also head upwards as a result...
The decline in inflation increased the prospects of interest rate cut
... On Sunday, MPC member Gertjan Vlieghe told the Financial Times, depending on how the economy has already taken off since the December election the members of the MPC could make the current inflation figure with a pinch of salt, said Samuel Tombs, chief UK economist at Pantheon macroeconomics...
UK house price growth low for a year, says Nationwide
... Samuel Tombs, chief UK economist at Pantheon Macroeconomics, said: November s month-to-month gain in Nationwide s index was the biggest since July 2018, indicating that support from the recent fall in mortgage rates is starting to kick in...
Inflation falls to three year low as energy prices fall
... But Samuel Tombs, chief UK economist at Pantheon Macroeconomics, said the inflation measure should rise back to 2% in the second half of 2020 so he doubted that rates would be cut soon...
UK house price growth low for a year, says Nationwide
Annual growth in UK house prices has been below 1% each month for The Last year in a relatively stagnant market, a major mortgage lender has said.
Prices rose 0. 8% in the year to late November, the Nationwide said - a slight pick-up on the previous month.
It said the housing market was being affected by wider economic uncertainty over weak global growth and Brexit.
The average UK home costs £215,734, The Building society said.
The figures, which are based on the Nationwide's mortgage data, suggest that prices rose by 0. 5% in November compared with the previous month.
Samuel Tombs , chief UK Economist at Pantheon Macroeconomics, said: "November's month-to-month gain in Nationwide's index was the biggest since July 2018, indicating that support from the recent Fall In mortgage rates is starting to Kick In . "
Jonathan Samuels , chief executive of property lender Octane Capital, said: "The property market is hardly all guns-blazing but neither has it given up The Ghost .
"Ultra-low borrowing rates and a deep-seated boredom around Brexit mean transaction levels continue to tick over. People have said enough is enough and are Getting On with their lives, something that really shone through in November. "
The Nationwide also said that election periods tended not to have a direct impact on the housing market. Broader economic conditions were more dominant over the decisions of buyer or sellers.
"Rightly or wrongly, for most home buyers, elections are not foremost in their minds while buying or selling their home," said Robert Gardner , Nationwide's chief Economist .
uk economy, personal finance, housing market, nationwide building society
Source of news: bbc.com
