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Economics

  • ‘Market prices vulnerable to sharp correction,’ Bank of England warns

    June 27, 2024

    The Bank of England has warned that investors are only focusing on good economic news, sending up asset prices and raising the risk of a “sharp correction” in the future.

  • Job postings plummet by a fifth over past year as demand for workers weakens

    June 27, 2024

    Vacancies in many sectors surged post-pandemic as firms looked for more workers to meet pent-up demand.

  • FTSE 100 today: London markets set to extend losing streak for third consecutive day

    June 27, 2024

    Asian stocks fell and the yen slump triggered market intervention alerts. All eyes are on US economic data and the Biden-Trump debate.

  • Nearly 60 Bank of England staff accept offers to relocate for work in Leeds

    June 26, 2024

    Nearly 60 workers at the Bank of England have accepted offers to work at the central bank's expanded office in Leeds.

  • Pensioners the ‘biggest winners’ from Tory policies since 2010, research shows

    June 26, 2024

    Pensioners have been the big winners of Tory tax and benefit policies since 2010, according to new research from the Resolution Foundation.

  • FTSE 100 today: London markets brace for cautious trading ahead of US inflation and election

    June 26, 2024

    Asian markets traded mixed despite Wall Street closing higher, with Nvidia climbing over 6 per cent. Focus on US new home sales.

  • Fed’s Bowman ready to hike interest rates again if inflation disappoints

    June 25, 2024

    A rate-setter at the Fed raised the possibility that rates could be raised again if progress on defeating inflation was not maintained.

  • Move aside NIMBYs, there’s a new acronym: Britain is now a Banana economy

    June 25, 2024

    You may have heard of NIMBYs blocking economic growth, but now there's a new acronym ready to slip up the UK's planning system - BANANA.

  • UK households would be £4,300 richer per year if pay growth had matched Germany and the US

    June 25, 2024

    Households would be £4,300 a year better off if pay growth in the UK had matched average wages in Germany and the US since 2010, according to a new study.

  • Addressing the rise in long-term sickness could unlock £57bn windfall, research shows

    June 25, 2024

    Reintegrating between half and three-quarters of those who have dropped out of the workforce since 2020 could generate anywhere between £35bn and £57bn over the next five years, the analysis suggests.

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