UK economy fails to behave itself at start of Rishi Sunak’s re-election bid May 24, 2024 Rishi Sunak has made an improving economy a central part of his election pitch, but in truth these were not the figures he would have wanted to see at the beginning of an election campaign.
Reform AI adoption or it could ‘widen corporate inequalities’, IoD warns May 24, 2024 The adoption of generative AI could "widen corporate inequalities, with sectors prone to market consolidation seeing the most significant shifts."
Why Sunak and Starmer will put the economy at the heart of the election May 24, 2024 In his statement announcing the election, Rishi Sunak said "I came to office above all to restore economic stability."
Retail sales plunge in ‘dull and wet’ April in fresh sign of fading optimism May 24, 2024 According to the Office for National Statistics (ONS), retail sales fell 2.3 per cent in April, a much worse fall than predicted by economists.
FTSE 100 today: Footsie to open lower amid political uncertainty and wavering rate cut bets May 24, 2024 Asian stocks fall on speculation of delayed Fed rate cuts; US approves Ethereum ETFs; eyes on UK retail sales, US consumer confidence.
Haldane: Bank of England only ‘six months late’ if it starts cutting rates in June May 23, 2024 Speaking on LBC, Andy Haldane, the Bank's former chief economist, said "they (the Bank) should have been cutting from around January."
General election: Want to boost UK growth? Here’s what top economists would do May 23, 2024 Economists think that the next government should prioritise reforms to the planning regime in order to boost the UK's economic growth, according to a City A.M. poll.
UK economy: Survey suggests growth is slowing ahead of July general election May 23, 2024 The performance of the UK economy is likely to be central to the election campaign.
FTSE 100 today: London markets set to open lower as rate cut bets ease May 23, 2024 Asian markets mixed post-US stock dip, Nvidia up 6% post-bell on strong revenue. Focus on UK-US PMI data for economic cues.
Election 2024: This economic data is bad news – that’s why Sunak called a vote May 22, 2024 The Conservatives are set to call an election for July 4th and will put a nascent economic recovery at the heart of their re-election pitch.