Business confidence hits highest level since early 2022 but firms still not looking to invest, survey suggests January 4, 2024 Business confidence hit its highest level since the first quarter of 2022, before the Russian invasion of Ukraine.
Moving markets: What’s shaping the FTSE 100 today January 4, 2024 Moving Markets Today: Asia Tracks Wall Street Decline, Oil Prices Rise on Middle East Supply Concerns, China’s December Services Surge, Spotlight on UK Services PMI and U.S. Labor Market Data Global markets declined as U.S. stocks faced profit-taking after a strong 2023 finish. Asian markets followed suit on the heels of the Fed signalling a [...]
Why Deutsche Bank reckons the UK economy will avoid a recession in 2024 January 3, 2024 The UK economy outperformed all expectations in 2023, but it was hardly a vintage year. Here are some reasons why 2024 might be better.
Rate cuts needed to ‘kick start’ economy: UK business group January 3, 2024 Business confidence in the UK economy ended 2023 sharply lower as falling inflation failed to boost optimism ahead of the new year.
UK manufacturing downturn deepens as optimism drops to lowest level in a year January 2, 2024 The UK's manufacturing sector fell deeper into contraction in December, while business optimism fell to its lowest level in a year.
Leading economists expect Bank of England to cut interest rates in spring January 2, 2024 Top economists have brought forward their expectations for the Bank of England's next interest rate cut to as soon as March and overwhelmingly see the central bank's monetary policy as too hawkish, according to a City A.M. poll, after promising signs in the battle against inflation.
Why higher interest rates are ‘the single best economic development’ for investors in the past 20 years January 1, 2024 Real interest rates remaining in positive territory as inflation continues to fall is good news for investors in bonds
How much do forecasters think the UK will grow in 2024? December 30, 2023 Going into the new year, forecasters have a healthy spread of opinion on the extent to which the UK will grow next year.
‘Something needs to change’: Firms to tackle productivity growth problems with AI investment December 28, 2023 The UK has suffered from more or less stagnant productivity growth since the financial crisis.
Inflation to fall fast in 2024 helping UK economy to ‘turn a page’, PwC predicts December 28, 2023 Barret Kupelian, chief economist at PwC said 2024 will be "the year the UK turns a page" thanks to falling inflation.