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Economics

  • Public sector pay needs to increase to hold on to top talent, says think tank

    March 26, 2024

    Research from the Institute for Fiscal Studies (IFS), shows that public sector pay at the 75th percentile - for those earning more than three-quarters of public sector workers - is now eight per cent lower in real terms than in 2007.

  • FTSE 100 today: London markets set for muted start amid thin data calendar in holiday week

    March 26, 2024

    Asian stocks soared, with South Korea leading the charge, while both gold and oil prices remained largely steady, and Bitcoin hovered around $70,000. Now, all eyes are on the US PCE inflation data for crucial insights into economic trends.

  • Bank of England to cut interest rates to three per cent in 2025 after inflation drops

    March 25, 2024

    Interest rates could fall to as low as three per cent in 2025 as the Bank of England slashes the cost of borrowing in response to lower inflation.

  • Labour to boost female businesses after ‘wasted decade’ of Tory neglect

    March 25, 2024

    Labour MP Anneliese Dodds will today outline British Business Bank reforms to help women.

  • FTSE 100 today: London markets set for a calm start, tracking Asian peers

    March 25, 2024

    Asian markets were mixed on Monday with limited economic data for the week. Oil prices surged amid geopolitical tensions, while gold remained stable. Investors are keenly awaiting the release of US Personal Consumption Expenditures (PCE) inflation data, especially during this holiday-shortened week.

  • Rise in long-term sickness the longest since the 1990s, new research shows

    March 23, 2024

    The UK is suffering from the longest upward trend in long-term sickness since the 1990s, according to the Resolution Foundation.

  • ‘The superstars are getting smaller’: Why emerging artists are Spotify’s golden ticket

    March 23, 2024

    Despite industry concerns about the viability of these platforms as a way for small artists to make money, according to Spotify’s yearly report into music streaming Loud & Clear - it's starting to actually make money.

  • FTSE 100 nears record high as markets bet Bank of England will cut interest rates in June

    March 22, 2024

    Over the course of the week it has gained 2.7 per cent, its strongest performance all year.

  • ‘Stars are aligning’ for UK economy after inflation data and Bank of England rate decision

    March 22, 2024

    "We think the stars are aligning for stronger consumer spending growth this year," Rob Wood, chief UK economist at Pantheon Macroeconomics said.

  • Retail sales flat as rainy February puts shoppers off the high street

    March 22, 2024

    The figures were actually slightly stronger than expected by analysts, who predicted a 0.4 per cent fall.

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