Bank of England: Growth is slowing, but that’s not slowing inflation November 24, 2023 The Bank of England's Chief Economist Huw Pill has warned inflation is not being slowed by a slowing UK economy
UK ‘found its feet’ in November as economy returned to expansion but recession fears remain November 23, 2023 “The UK economy found its feet again in November as the service sector arrested a three-month sequence of decline," Tim Moore, Economics Director at S&P Global Market Intelligence said.
Autumn Statement: Pay attention, the good stuff’s in the small print November 23, 2023 Is it churlish to criticise a politician for a political intervention? One wouldn’t groan at Harry Kane for a well struck penalty or a ballet dancer for a well-executed plié, so maybe it’s harsh to look at Jeremy Hunt’s Autumn Statement in any other context than whether it worked on its own terms. In that [...]
Eurozone’s shadow banks face risk of margin calls, ECB says November 22, 2023 The central bank reiterated its call for introducing regulation for shadow banks like the one that governs traditional lenders, including liquidity requirements and stress tests.
Jeremy Hunt cuts national insurance, but you will still pay more tax November 22, 2023 Jeremy Hunt has announced he's cutting National Insurance for millions. Here's how much you will save from the changes.
Alarm over economy ‘slowing swiftly’ with manufacturing deteriorating to 2021 low November 22, 2023 Order books for manufacturing firms fell to their weakest level since early 2021, dampening hopes of a recovery in the sector.
Many fintech lenders are ‘uneconomical’ report finds November 21, 2023 Winyield said that less than ten per cent of the fintech lenders it interviewed had staff with "previous relevant credit experience."
Avon Protection’s turnaround takes shape despite profit slump November 21, 2023 Avon Protection has made "excellent strategic progress" this year following several "major challenges," including the sale of its loss-making armour business.
Phoenix torpedoes Picton-UK Commercial Property REIT deal November 21, 2023 Phoenix Life Limited, the majority shareholder of UK Commercial Property REIT (UKCM) has torpedoed the company's merger with peer Picton.
Wage growth nudges higher — what does this mean for the Bank’s war on inflation? November 21, 2023 Pay awards have picked up again in the last three months thanks to higher pay packets from the public sector, complicating the path to potential interest rate cuts.
