UK economy: GDP rebounds in November but still on recession knife-edge January 12, 2024 Whether or not the UK ends up falling into recession at the end of 2023, analysts have turned more optimistic on the economy's prospects over 2024.
Moving markets: What’s shaping the FTSE 100 today January 12, 2024 Asian shares exhibit mixed performance, with oil surging due to US-UK Yemen strikes, gold shining amidst growing safe-haven appeal, and attention shifting towards upcoming UK factory and GDP data.
Oil prices soar two per cent following US-UK military strikes on Houthi rebels in Yemen January 12, 2024 Oil prices surged by over 2% on Friday due to military strikes conducted by the United States and Britain against Houthi military targets in Yemen.
Evasion clampdown: Treasury to make £12.7bn from new global minimum corporation tax January 11, 2024 The Treasury expects that it will make nearly £13bn from the new global minimum corporation tax, which went live at the beginning of the year.
US inflation rises faster than expected on higher gas prices and housing costs January 11, 2024 December's figures come amid continuing debate about when the Federal Reserve will start cutting interest rates.
Moving markets: Five things shaping the FTSE 100 today January 11, 2024 Asian markets follow Wall Street higher, with Japan's Nikkei surpassing 35,000, oil prices climbing, and the SEC approving the first spot Bitcoin ETFs, all while keeping a close eye on pivotal factors such as inflation and earnings.
Bailey: Household finances ‘nowhere near as stressed’ as during financial crisis January 10, 2024 Bailey pointed to a couple of mitigating factors which had protected households from the rise in interest rates.
World Bank: How the global economy can avoid ‘a decade of wasted opportunity’ January 10, 2024 Tighter financial conditions, the slowdown in China and weak global trade are all weighing on growth.
A look at Germany shows the UK’s growth problem is not a Brexit phenomenon January 10, 2024 Germany is struggling; but its discontent is emblematic of a problem the whole of Western Europe must address, writes Paul Ormerod
Don’t be fooled by data quirks, sky high interest rates are hurting Brits January 10, 2024 Higher interest rates are good news for some, but we should not let that distract from the overwhelming reality, writes Kevin Ferriter.
