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Economics

  • Interest rate calls from ECB and Fed to highlight Atlantic growth divergence

    January 27, 2025

    The decisions will highlight the differing economic outlooks on either side of the Atlantic.

  • Adzuna: Average salary hit £40,000 in December

    January 27, 2025

    According to job search site Adzuna, the average annual advertised salary passed £40,000 for the first time in December.

  • UK listed firms issued third-most profit warnings ever last year

    January 27, 2025

    One in five UK-listed companies issued a profit warning in 2024, according to EY, revealing the scale of the challenges facing the business community.

  • UK economy: Stagflation concerns persist after worrying week

    January 24, 2025

    Data out this week suggested that concerns about stagflation have not yet fallen off the agenda.

  • Firms slash jobs and hike prices as Reeves’ Budget fallout continues

    January 24, 2025

    UK businesses hiked prices and cut staff in January, a new survey shows, as firms continued to struggle in the wake of October’s Budget. The latest ‘flash’ purchasing managers’ index (PMI), which reflects business activity in the private sector, showed employment levels decreasing for the fourth month in a row. “Many firms suggested that the [...]

  • Firms finding it ‘almost impossible’ to survive after Labour tax hikes

    January 24, 2025

    Less than three months after the Budget, critical financial distress for UK businesses climbs by 50 per cent, with the construction sector leading the table

  • Andy Burnham wants Manchester to add an extra £13bn a year to the UK economy – this is how

    January 24, 2025

    A decade-long plan to increase Greater Manchester’s contribution to the UK economy by £13bn a year has been unveiled by the region’s mayor, Andy Burnham. The proposal, which has been made public today, would see the “whole Greater Manchester system mobilised” to deliver £1bn of investment every year between now and 2035. Burnham has also [...]

  • UK economy: ‘Consumers see dark days ahead’

    January 24, 2025

    GfK's overall consumer confidence index fell to -22, which was down five points on December and put confidence at its lowest level since the end of 2023.

  • Bank of England policymaker: ‘Dragons of market discipline are alive and well’

    January 23, 2025

    "There have been spikes in yields in a number of individual countries in recent years, including the UK, that indicate the dragons of market discipline are alive and well," she said.

  • Report reveals ‘staggering’ costs of economic fragmentation

    January 23, 2025

    The hit would largely come through lower trade, reduced capital flows and lost economic efficiencies.

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