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.
Stealth tax raid to cost City workers £14k each by 2028 June 3, 2024 "The tax rises that happened as a result of the pandemic and the energy shock – these two giant shocks – will stay for their allotted time period," Hunt told the BBC.
Manufacturing activity jumps to highest level in over two years June 3, 2024 The survey showed that the upturn in activity was broad-based by both sub-sector and company size.
FTSE 100 today: London markets set to open higher on growing rate cut bets June 3, 2024 Asian stocks climb on rate cut hopes, oil prices dip despite OPEC+ extension. Eyes on ECB, BOC policy decision and US non-farm payroll data.
European Central Bank set to cut interest rates despite inflation worries June 2, 2024 The European Central Bank is all but certain to be the first major central bank to cut interest rates this week as it shrugs off a rise in inflation and takes a different path in monetary policy from the UK and US.
Businesses ‘crying out for help to tackle skills shortage’, says Labour June 2, 2024 The announcement comes days after Labour was seen courting bosses, asking them to declare their support for the reformed levy, according to Sky News.
Struggling Dow transport stocks could be economic warning signal June 1, 2024 It's been a banner year for the major US stock indexes, but one economically sensitive corner of the market sticks out as a sore spot.