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Economics

  • August interest rate cut in doubt despite inflation falling to target

    June 19, 2024

    Inflation dropped to two per cent, prompting champagne corks to go flying in CCHQ. But MPC members might be a bit slower to crack out the fizz.

  • Inflation drops to two per cent ahead of Bank of England interest rate decision

    June 19, 2024

    Even though inflation has returned to near the two per cent target, the Bank of England is very unlikely to cut interest rates tomorrow.

  • What is industrial strategy? And why do Labour think the UK needs one?

    June 19, 2024

    Labour believes that a well mapped out industrial strategy is crucial to delivering economic growth. But does the UK really need one?

  • Housebuilding targets ‘extremely challenging’ without extra funding, think tank warns

    June 19, 2024

    Neither party has committed any extra funding to boost housebuilding numbers, which will make it difficult to reach the target.

  • Skills gap remains ‘stubbornly high’ with over half of London firms suffering from shortages

    June 19, 2024

    Engineering was the most commonly cited occupation where firms are struggling to find the right workers followed by sales and marketing.

  • FTSE 100 today: British stocks poised for decline if UK May inflation surprises to the upside

    June 19, 2024

    Asian markets surged with Wall Street hitting record highs. Focus on UK May inflation and the Bank of England policy decision.

  • Firms still face ‘significant pressure’ despite slight decline in insolvencies

    June 18, 2024

    Last year saw the highest number of company insolvencies since 1993, with 25,000 firms going under.

  • Bank of England set for August interest rate cut – but general election means doubts linger

    June 18, 2024

    While the Bank is widely expected to hold rates this week, focus now turns to its August meeting. Chris Dorrell explains that while all signs are pointing towards a cut in just under two months, the outcome is far from certain

  • Business investment: Another unwanted title for UK economy

    June 18, 2024

    This is the third successive year in which the UK has ranked bottom among the world's richest economies in terms of investment.

  • Labour unlikely to secure major rewrite of Brexit deal as EU has ‘moved on’, report says

    June 18, 2024

    Labour will face difficulties in securing major changes to Boris Johnson's Brexit deal because the European Union (EU) has "moved on" from Brexit, a new report suggests.

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