US labour market resilient as traders nervy on interest rate cut bets January 4, 2024 New applications for unemployment benefit fell to its lowest level since October last week, the US Department for Labor reported today.
Inflation easing – but wage growth still a threat, Bank of England panel warns January 4, 2024 The figures suggest that the surprisingly fast progress on bringing inflation down to the two per cent target still has further to run.
Consumers keep borrowing to spend despite higher interest rates data shows January 4, 2024 The data suggests that, so far, households are weathering the pressure from higher interest rates.
UK bid to dodge winter recession boosted as service sector recovery continues January 4, 2024 The latest reading was also a significant improvement on November's reading of 50.9. The 50 mark separates growth from contraction.
“Reality of the market” will always triumph over politicians: UK debt chief January 4, 2024 "Don't kid yourself in thinking that you can develop policy in a vacuum without taking the market into account," Stheeman said
Business confidence hits highest level since early 2022 but firms still not looking to invest, survey suggests January 4, 2024 Business confidence hit its highest level since the first quarter of 2022, before the Russian invasion of Ukraine.
Moving markets: What’s shaping the FTSE 100 today January 4, 2024 Moving Markets Today: Asia Tracks Wall Street Decline, Oil Prices Rise on Middle East Supply Concerns, China’s December Services Surge, Spotlight on UK Services PMI and U.S. Labor Market Data Global markets declined as U.S. stocks faced profit-taking after a strong 2023 finish. Asian markets followed suit on the heels of the Fed signalling a [...]
Why Deutsche Bank reckons the UK economy will avoid a recession in 2024 January 3, 2024 The UK economy outperformed all expectations in 2023, but it was hardly a vintage year. Here are some reasons why 2024 might be better.
Rate cuts needed to ‘kick start’ economy: UK business group January 3, 2024 Business confidence in the UK economy ended 2023 sharply lower as falling inflation failed to boost optimism ahead of the new year.
UK manufacturing downturn deepens as optimism drops to lowest level in a year January 2, 2024 The UK's manufacturing sector fell deeper into contraction in December, while business optimism fell to its lowest level in a year.
