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Economics

  • China’s factory activity unexpectedly shrinks in May, puts economic recovery at risk

    May 31, 2024

    China's manufacturing activity unexpectedly contracted in May, adding pressure on policymakers in the world's second-largest economy.

  • General Election 2024: Business group calls for closer post-Brexit ties with EU

    May 30, 2024

    The BCC also argued that a new government needed to introduce an industrial strategy with green innovation at its heart.

  • How much cash could a tax avoidance clampdown raise?

    May 30, 2024

    Predictably both parties are reluctant to suggest they will raise taxes, but in recent weeks both have found a conveniently painless source of funding: clamping down on tax avoidance.

  • FTSE 100 today: London markets set to open lower as rate cut anxiety weigh

    May 30, 2024

    Rate cut anxiety triggers Asian stock slump, mirroring Wall Street. Salesforce drops 15%. Focus shifts to US Q1 GDP and Auto Trader.

  • Pound Sterling climbs to it highest level against the euro since August 2022

    May 29, 2024

    The pound hit its highest level against the euro since August 2022.

  • Is the Bank of England’s quantitative tightening causing problems for banks?

    May 29, 2024

    In a recent speech, Andrew Bailey, the Bank's Governor, said more banks were turning to the facility as the cost of liquidity in money markets rose relative to Bank Rate.

  • ONS suffering from staff departures amid concerns over data – reports

    May 29, 2024

    The figures come at a time when the ONS is facing questions about the accuracy of its data, in particular its flagship Labour Force Survey.

  • FTSE 100 today: London markets set to open lower amid US rate cut and domestic political uncertainty

    May 29, 2024

    Asian markets fell on inflation fears, IMF raised China's growth forecast. Investors await Fed speeches, Beige Book, Friday's PCE index.

  • IMF raises China growth forecast to five per cent, in line with government targets

    May 29, 2024

    The International Monetary Fund (IMF) revised China's economic growth forecast upwards to 5%.

  • Debt headache as just a quarter of execs have experience of higher interest rates

    May 28, 2024

    "For many of the people tasked with tackling higher interest costs, this is a new challenge," Nick Forest, a partner at the firm said.

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