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Economics

  • ‘The superstars are getting smaller’: Why emerging artists are Spotify’s golden ticket

    March 23, 2024

    Despite industry concerns about the viability of these platforms as a way for small artists to make money, according to Spotify’s yearly report into music streaming Loud & Clear - it's starting to actually make money.

  • FTSE 100 nears record high as markets bet Bank of England will cut interest rates in June

    March 22, 2024

    Over the course of the week it has gained 2.7 per cent, its strongest performance all year.

  • ‘Stars are aligning’ for UK economy after inflation data and Bank of England rate decision

    March 22, 2024

    "We think the stars are aligning for stronger consumer spending growth this year," Rob Wood, chief UK economist at Pantheon Macroeconomics said.

  • Retail sales flat as rainy February puts shoppers off the high street

    March 22, 2024

    The figures were actually slightly stronger than expected by analysts, who predicted a 0.4 per cent fall.

  • Bank of England: Interest rate cuts are ‘in play’ as inflation falls, Bailey says

    March 22, 2024

    Could the Bank of England cut rates interest rates sooner than expected?

  • FTSE 100 today: London markets to open higher, riding the global rally wave

    March 22, 2024

    Asian markets track Wall Street's uptrend. Apple shares fell 4.1 per cent amid legal issues, and the Chinese yuan hit a four-month low. Reddit's stock soars 48 per cent on debut. Focus shifts to key events like UK retail sales and Fed Chair Powell's speech for monetary policy clues.

  • Bank of England’s dovish pivot on interest rates poses a number of questions

    March 21, 2024

    Andrew Bailey, governor of the Bank of England, gave as precise a summary as it is possible to give. "Things are moving in the right direction".

  • Bank of England holds interest rates again but Bailey says ‘things are moving in the right direction’

    March 21, 2024

    The Bank of England voted to leave interest rates on hold for the fifth consecutive meeting.

  • UK economy sees another ‘robust expansion’ in March as manufacturing sector improves

    March 21, 2024

    The recovery of the UK economy looks set to roll on as business activity continued expanding in March, a closely watch survey suggests.

  • Government borrows more than expected in February, but on track for lowest annual total in four years

    March 21, 2024

    The borrowing figures are the first since Jeremy Hunt's Spring Budget, in which he cut National Insurance by a further 2p.

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