Big banks hike small business lending for first time in nearly two years as UK economy improves June 17, 2024 Big banks' lending to UK small and medium-sized enterprises (SMEs) has seen its first notable rise for almost two years, according to quarterly data, amid an improving outlook for the domestic economy.
Demand for workers remains strong despite loosening labour market June 17, 2024 "The number of active job adverts remains above 1.7m which shows steady demand for workers despite slow progress in the wider economy," Neil Carberry, chief executive of the REC said.
National Wealth Fund will help create 650,000 jobs over five years, Reeves says June 17, 2024 Earlier this year the Shadow Chancellor announced the creation of a taskforce of experts to provide advice on crowding in private sector investment.
China faces uphill battle for recovery amid mixed economic data June 17, 2024 China faced several economic challenges in May, notably with industrial output growth falling short of expectations.
FTSE 100 today: London markets set to open lower as global sentiment deteriorates June 17, 2024 Asian stocks fell due to weak Chinese data and concerns over a political crisis in France. Focus on the Bank of England's policy decision.
Bank of England to hold rates even as inflation looks set to fall to two per cent June 16, 2024 The rate-setting Monetary Policy Committee (MPC) left the door open for a June cut at its last meeting in May, but since then a number of data releases have pointed to stubborn inflationary pressures.
All the major parties have pledged to build more houses. Can they deliver? June 16, 2024 In 2019, the Conservatives promised to ramp up construction of new homes to 300,000 per year by the middle of the 2020s, but the government has failed to make good on its promise.
Bank of England to take centre stage for markets amid continuing fallout from Macron’s gamble June 16, 2024 In the last week alone BNP Paribas and Credit Agricole have lost around eight per cent while Societie Generale has lost nearly 11 per cent.
Bridgerton effect: Netflix show creator opens London Stock Exchange to mark UK economic contribution June 14, 2024 Bridgerton has supported almost 5,000 businesses over the past five years, from the film production companies working on the show to the wedding companies producing Bridgerton-themed events for fans and the food merchants creating novelty treats inspired by the show's characters.
Brits have absolutely no idea where inflation is, survey suggests June 14, 2024 Rishi Sunak is keen to tell Brits inflation has fallen - but the public doesn't appear to have noticed, a new Bank of England survey suggests.