Bailey warns against fragmenting clearing market as EU pushes on with post-Brexit plans November 8, 2023 Andrew Bailey, governor of the Bank of England, has warned policymakers against taking steps that would lead to increasing fragmentation in the financial system.
Boost government investment to break trend of sluggish growth, think tank urges November 8, 2023 The next government should prioritise long term public investment in order to rekindle sluggish economic growth, a leading think tank has said.
Increasing signs of slack in UK’s labour market as firms report growing pool of workers November 8, 2023 The survey showed that starting salary inflation slipped to a 31-month low, although it remained "sharp".
IMF upgrades China’s GDP growth forecasts despite real estate crisis November 7, 2023 China's economy is set to grow 5.4 per cent this year, having made a "strong" post-Covid recovery, the IMF said on Tuesday.
Moving markets: Five things shaping the FTSE 100 today November 7, 2023 Aussie bank hike, Chinese exports fall and central bankers opine on rates: What's moving markets and the FTSE 100 today
Bank of England’s Huw Pill says interest rates unlikely to return to zero November 7, 2023 Interest rates are unlikely to return to the ultra-low levels seen during the 2010s, according to the Bank of England's chief economist Huw Pill.
Housebuilding downturn continues as higher interest rates constrain demand November 6, 2023 The continued slump in housebuilding contributed to another significant fall in construction activity in October, a closely watched survey suggests.
Five things to look out for in Hunt’s Autumn statement November 6, 2023 Theoretically, tax cuts are possible. Thanks to fiscal drag, the public finances are in better shape than most had expected.
Hunt must ignore illusory fiscal windfall in Autumn statement, think tank urges November 6, 2023 James Smith, research director at the Resolution Foundation, said Britain’s bout of high inflation is "flattering the public finances, with higher pay growth feeding through into higher tax revenues."
New UK growth figures to ‘mark the start of a mild recession’ November 6, 2023 New figures out on Friday are expected to show that the economy contracted in the third quarter, raising the possibility that the UK is already in a recession.
