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?
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.
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.
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.
FTSE 100 today: London markets to open higher amid firm global cues June 18, 2024 Asian stocks mirrored Wall Street's gains. Focus on US retail sales, Fed officials' speeches, UK inflation, and Bank of England decision.
London dragging on UK’s productivity growth since the pandemic, data suggests June 17, 2024 London has been holding back the UK's productivity growth since the pandemic, despite being the country's most productive region.