Bank of England’s Haskel prefers holding rates on back of ‘tight’ labour market July 8, 2024 A Bank of England rate-setter said he would prefer to leave interest rates on hold to ensure the surge in inflation has been decisively tamed.
Ruchir Sharma on bailouts, inequality and making markets free again July 8, 2024 A new book by Ruchir Sharma argues that a bigger state is exactly the wrong diagnosis for a government looking to boost growth.
French election: Markets stabilise after shock results lead to stalemate July 8, 2024 In 1962 president Charles De Gaulle expressed his frustration at the difficulties facing anyone governing France. "How can anyone govern a country with 246 varieties of cheese," he lamented.
Labour market continues to ease but pay growth accelerates, survey shows July 8, 2024 The latest survey from KPMG and the Recruitment and Employment Confederation (REC) showed that starting salary inflation for permanent roles increased at its fastest rate for eight months.
Business confidence edges higher but investment remains a ‘concern’ July 8, 2024 58 per cent of firms expect to see an increase in turnover over the next year compared with 56 per cent in the first quarter.
FTSE 100 today: London markets brace for caution amid French election deadlock July 8, 2024 Asian markets mixed, euro fell amid France election gridlock. Focus on UK GDP, Wall Street earnings, Fed Chair Powell's testimony, and US CPI.
UK economy expected to ‘bounce back’ on services strength after April’s stagnation July 7, 2024 A recovery in the UK's all-important services sector is expected to help push the economy back into growth in May.
Planning reform: How Labour wants to get Britain building again July 6, 2024 Labour argues the planning regime acts as a "major brake on economic growth".
Election 2024: FTSE 100 in the red but midcap index maintains gains after Labour landslide July 5, 2024 Sterling was trading up around 0.1 per cent this morning at $1.277 while futures on the FTSE 100 edged up by around 0.2 per cent. Markets will open at 8am.
What a Labour landslide means for the UK economy July 5, 2024 Generating meaningful economic growth will be the defining mission for Keir Starmer's new Labour government, but how will he go about it?