Vinyl records and air fryers enter ‘inflation basket’ – but Guinness is on the way out March 11, 2024 "The only problem is when you're grooving too hard to the excellent sound quality that your jiving makes the records go wonky," the person continued sheepishly.
London Stock Exchange to list crypto derivatives for institutional investors March 11, 2024 The London Stock Exchange has said it will be accepting applications for crypto exchange-traded notes (ETNs), after the Financial Conduct Authority lifted its ban on the instruments for institutional investors. ETNs are similar to exchange-traded funds (ETFs), but they rely on unsecured debt securities issued by a bank, meaning that they do not directly hold [...]
UK set for recession rebound as growth returns, GDP figures expected to show March 11, 2024 Rob Wood, chief UK economist at Pantheon Macroeconomics, said last year's minor recession was "already disappearing in the rear-view mirror".
London remains UK’s strongest region as capital powers country out of recession March 11, 2024 Despite the decrease, the figures still pointed to a "robust expansion in activity" with London remaining the strongest-performing region in the UK.
Changing jobs might no longer mean a pay rise as salary hikes slow March 11, 2024 Starting salary inflation eased to its slowest rate in nearly three years, a closely watched survey showed, in the latest indication that slack is building in the jobs market.
Market insights: Five forces impacting FTSE 100 today March 11, 2024 Asian markets stumbled while China celebrated its exit from deflation with rising consumer prices. Bitcoin briefly soared to $70,000, attracting global attention. Investors are now closely monitoring the UK GDP and U.S. inflation reports, pivotal factors influencing global economic trends.
China breaks deflationary chains with February surge in consumer prices March 11, 2024 China saw its first instance of inflation in February after enduring four consecutive months of deflation.
US inflation top of the agenda with Fed interest rate cuts ‘not far’ away March 10, 2024 Inflation has fallen sharply across many advanced economies, but central banks have so far been unwilling to cut interest rates when they are not absolutely certain that inflation is under control.
Will the mined diamonds industry collapse due to lab-grown gems? Some say it ‘already has’ March 9, 2024 Around 90 per cent of people choosing an engagement ring at London Diamonds in the last two years have chosen lab grown
US jobs report ‘all over the place’ as unemployment ticks up March 8, 2024 The US economy presented a muddled picture in February, as the economy added 275,000 jobs, above expectations of 200,000, while the country’s unemployment rate increased by 0.2 percentage points to 3.9 per cent. Wage inflation came in at 4.3 per cent on a yearly basis, below market expectations and January’s figure of 4.4 per cent. [...]