Government plan to get people back into work and tackle economic inactivity announced July 11, 2024 Labour has laid out its first steps to get people back into work as the new government attempts to tackle the worrying rise in economic inactivity.
US inflation comes in below expectations as eyes turn to Fed’s next rate decision July 11, 2024 Economists think the Fed is likely to start cutting interest rates in September.
UK surpasses India as world’s third-largest venture capital market July 11, 2024 The UK has leapfrogged India to become the world's third-biggest venture capital market, new figures show, as analysts forecast a return to growth after a drop-off in investment and dealmaking in recent years.
Mark Kleinman: Water sector’s goodwill will evaporate under Labour July 11, 2024 Mark Kleinman is Sky News’ City Editor and is the man that gets the City talking in his fortnightly City A.M. column. This week he writes about the new government’s plans for water firms, housebuilders and Schroders The moment has arrived. By the time City AM readers set eyes on today’s newspaper, Ofwat, the water [...]
Economy back on track as GDP beats expectations in May July 11, 2024 Labour has said generating economic growth will be a "national mission".
Overseas investment in West Midlands soars but other regions lag behind July 11, 2024 The West Midlands recorded a 72 per cent increase in overseas investment projects last year, creating almost 7,000 jobs.
FTSE 100 today: London markets set to open higher on strong GDP growth data July 11, 2024 Asian markets followed US's rally, with Chinese stocks rising due to new short-selling restrictions. UK GDP, US CPI and Jet2's results eyed.
Bank of England’s top economist Huw Pill ‘uncomfortable’ with persistence of inflation July 10, 2024 In a speech delivered at Asia House in London, Pill said that recent pieces of economic data pointed towards some "upside risks to my assessment of inflation persistence".
Business confidence rises to highest level in two years but concerns over costs remain July 10, 2024 "These figures suggest that businesses shrugged off any distraction caused by the general election, as lower inflation and stronger expected sales growth drove an encouraging uptick in confidence in the second quarter," Suren Thiru, ICAEW economics director, said.
FTSE 100 today: London markets set to open higher ahead of BOE’s Pill and Mann speeches July 10, 2024 Asian markets are mixed as investors digest inflation reports from China and Japan. Attention is now on speeches by Fed and BOE policymakers.