Interest rate cuts edge closer after ‘very encouraging’ inflation news June 5, 2024 Following today’s release, Rob Wood, chief UK economist at Pantheon Macroeconomics, said April’s worryingly high inflation figures were a “flash in the pan”.
How poor regulation is holding back the UK economy June 5, 2024 Regulation is a pressing concern, both for businesses and consumers. Getting it right could help unleash growth and deliver better outcomes for consumers.
FTSE 100 today: London markets primed to open higher as rate cut odds strengthen June 5, 2024 Asian markets surged on rate cut expectations, while Australia's Q1 growth slowed. Eyes on global services PMI releases and Computacenter.
China’s Caixin PMI shows most rapid services sector growth in 10 months June 5, 2024 China's services sector experienced a notable surge in May, marking its most rapid growth in 10 months.
Labour faces £33bn blackhole if it maintains state spending, research suggests June 4, 2024 Maintaining per person funding in unprotected departments would leave the next government facing a £33bn blackhole, research suggests.
Former Bank governor Mark Carney: City needs to lead world once again on green finance June 4, 2024 In a speech at a Deloitte event, Carney said the UK has "traditionally led" on international financial developments but warned "it hasn't been leading as much of late. It had other things on its mind."
The UK’s services sector has outperformed since Brexit and the City is leading the way June 4, 2024 According to a new report from UK in a Changing Europe (UKICE), UK services trade has been more resilient than almost all other advanced economies.
Reeves and Hunt are being dishonest. Their plans mean taxes will have to go up June 4, 2024 Hunt and Reeves should engage in a grown-up debate about their economic plans rather than mislead the public about what will likely have to happen to taxes under their watch, Chris Dorrell writes
FTSE 100 today: London markets set for muted open ahead of ECB rate cut decision June 4, 2024 Doubts about US exceptionalism drive Asian market decline. UK spending slows in May. Investors watch ECB and BOC policies.
Has sterling finally recovered from the impact of Brexit? June 3, 2024 A recovering economy is more likely to receive overseas investment, strengthening the pound.