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Market Impact: 0.25

KPMG UK to Slash 200 Back Office Roles in Latest Round of Cuts

Economic DataConsumer Demand & Retail

Recent data indicate the UK economic recovery is building momentum, with growth returning in Q1. The update is supportive for macro risk sentiment, but no specific magnitude (e.g., GDP %) is provided here.

Analysis

Recent data indicate the UK economic recovery is building momentum, with growth returning in Q1. The update is supportive for macro risk sentiment, but no specific magnitude (e.g., GDP %) is provided here.

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Market Sentiment

Overall Sentiment

mildly positive

Sentiment Score

0.15