Men are working much less than they used to. Women are picking up the slack. January 22, 2024 Growth could be supported by a "continuing recovery in average hours to pre-pandemic levels," the ONS said. In other words, men need to get back to work.
Economy: ‘Situation critical’ warning after huge spike in on the brink businesses January 22, 2024 Nearly 50,000 UK businesses are in a "critical" financial position, according to a new data, as high borrowing costs and inflationary pressures continue to squeeze firms.
Moving markets today: What’s shaping the FTSE 100 this morning January 22, 2024 Japan's Nikkei hits a 34-year high, while China keeps lending rates steady. Earnings and central bank policy decisions are set to drive global stocks this week.
China keeps loan rates steady despite sluggish economy; economists expect reserve ratio cut January 22, 2024 The People's Bank of China (PBoC) kept its loan prime rates unchanged on Monday, despite concerns about a potential downturn in the property sector, a slowing economy, and subdued investor sentiment.
ECB set to hold interest rates steady as markets look for clues on cuts January 21, 2024 The European Central Bank (ECB) is set to keep interest rates on hold when it meets on Thursday, but markets will be keeping a close eye on what policymakers reveal about the timing of rate cuts.
Mouthwash, teabags and sausages latest examples of ‘shrinkflation’ – Which? January 20, 2024 Shrinking mouthwash bottles, fewer teabags and sausages with less pork are among downsized and downgraded supermarket products as manufacturers and retailers cut costs, a watchdog has found.
Economy: Why the latest data makes a ‘technical’ recession seem (almost) inevitable – with pub spending the only white knight January 19, 2024 The UK appears set to enter recession - and even if the term is in some ways meaningless, it's still very bad news indeed
FTSE 100 today: London markets likely to soar on the heels of global tech rally January 19, 2024 Global stocks surge in a tech rally, oil prices dip, and Bitcoin hits a five-week low. Attention now shifts to UK retail sales and U.S. Michigan Sentiment data.
Bank of England survey: Default rates continue rising in 2023 – but at slower pace January 18, 2024 According to bank responses to the Bank of England's quarterly credit conditions survey, default rates on secured lending - which includes mortgage lending - increased in the final quarter of 2023.
Why UK equities could ‘turn a corner’ in 2024 January 18, 2024 UK equities will "turn a corner" in 2024 as analysts bet that growing optimism about the UK's economic prospects would provide a strong tailwind.