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Economics

  • China’s March factory activity sparks hope for recovery, but clouds of uncertainty persist

    April 1, 2024

    China's manufacturing sector saw its highest growth in over a year in March as firms resumed and sped up production post-Lunar New Year, according to an official survey.

  • Farewell transmission: Have interest rates worked to bring down inflation?

    March 31, 2024

    While inflation has fallen from a peak of over 11 per cent to 3.4 per cent, unemployment stands at just 3.9 per cent having fallen in the second half of last year.

  • Safe as houses: is it time to introduce a wealth tax?

    March 30, 2024

    Wages in the UK have flatlined since the financial crisis of 2008. Yet in that time, the country’s richest 1000 families have seen the value of their assets triple. Should we think more seriously—and progressively—about the way we tax wealth?

  • Could April’s minimum wage hike dent hopes of a June rate cut?

    March 29, 2024

    The minimum wage will rise from £10.42 to £11.40 per hour, an increase of 9.4 per cent, in April. Will it push inflation higher?

  • UK economy: Disposable income climbs despite recession

    March 28, 2024

    Despite a rise in disposable income, household expenditure actually fell as people replenished their savings accounts and paid down debt.

  • UK recession confirmed as revised figures deal fresh blow to Rishi Sunak

    March 28, 2024

    Latest official figures have confirmed that the UK fell into recession at the end of last year in a blow to prime minister Rishi Sunak's economic policy.

  • FTSE 100 today: London markets poised for quiet start as traders take break before Easter

    March 28, 2024

    Asian shares stay calm despite the S&P 500 hitting a new high. The US dollar holds firm post comments from the Federal Reserve's Waller. Attention turns to possible yen intervention by Japan, while gold prices decline. Investors await updates on US consumer confidence and UK Q4 GDP.

  • All eyes fixed on Japanese yen as authorities threaten intervention

    March 28, 2024

    Japan's top monetary authorities met urgently to address the yen's weakening, vowing market intervention to prevent disorderly currency fluctuations as the yen hit a 34-year low against the dollar.

  • Mortgages, real estate and government debt: Three things that worry the Bank of England

    March 27, 2024

    The FPC, which was established in 2013, monitors financial stability risks and tries to prevent those risks developing into threats to wider UK financial stability.

  • CBI boss warns looming minimum wage increase may stoke inflation

    March 27, 2024

    The increase in the minimum wage could reignite inflationary pressures as firms are forced to pass on costs to consumers, the CBI warned.

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