Farewell transmission: Have interest rates worked to bring down inflation? March 31, 2024 While inflation has fallen from a peak of over 11 per cent to 3.4 per cent, unemployment stands at just 3.9 per cent having fallen in the second half of last year.
Oil majors recap: How is 2024 treating Shell, BP, Exxon and Chevron? March 31, 2024 Exxon's 2023 profits were down 35 per cent but still the second highest in a decade.
Here are the top five stocks on the FTSE 100 this year March 30, 2024 As the first quarter of 2024 comes to an end, City PM looks at the top five best-performing stocks on the FTSE 100 so far this year.
Safe as houses: is it time to introduce a wealth tax? March 30, 2024 Wages in the UK have flatlined since the financial crisis of 2008. Yet in that time, the country’s richest 1000 families have seen the value of their assets triple. Should we think more seriously—and progressively—about the way we tax wealth?
UK economy: Disposable income climbs despite recession March 28, 2024 Despite a rise in disposable income, household expenditure actually fell as people replenished their savings accounts and paid down debt.
FTSE 100 today: London markets poised for quiet start as traders take break before Easter March 28, 2024 Asian shares stay calm despite the S&P 500 hitting a new high. The US dollar holds firm post comments from the Federal Reserve's Waller. Attention turns to possible yen intervention by Japan, while gold prices decline. Investors await updates on US consumer confidence and UK Q4 GDP.
All eyes fixed on Japanese yen as authorities threaten intervention March 28, 2024 Japan's top monetary authorities met urgently to address the yen's weakening, vowing market intervention to prevent disorderly currency fluctuations as the yen hit a 34-year low against the dollar.
Mortgages, real estate and government debt: Three things that worry the Bank of England March 27, 2024 The FPC, which was established in 2013, monitors financial stability risks and tries to prevent those risks developing into threats to wider UK financial stability.
Truth Social owner soars after float sets up £3.6bn windfall for Donald Trump March 27, 2024 Donald Trump could be in line for a £3.6bn windfall after his social media company's share price soared on its debut on New York's Nasdaq stock exchange.
CBI boss warns looming minimum wage increase may stoke inflation March 27, 2024 The increase in the minimum wage could reignite inflationary pressures as firms are forced to pass on costs to consumers, the CBI warned.
