Fall in housebuilding contributes to easing construction activity July 4, 2024 The construction sector remained in expansion in June, a closely watched survey shows, although the rate of growth eased due to a slowdown in housebuilding.
Jagjit Chadha: Why investment is necessary to stop the economy from ‘withering’ July 4, 2024 Report after report has found that the UK invests too little as a share of national income, often lagging behind other rich economies.
FTSE 100 today: London markets to remain volatile amid election jitters July 4, 2024 Asian markets reached 27-month highs, oil prices fell, and the US dollar held steady, with global focus now on the UK election.
UK economy ‘not as bad as is often assumed’ July 3, 2024 Although the UK slipped into a shallow recession at the end of last year, the economy outperformed expectations in the first quarter of the year, growing 0.7 per cent. This made it the fastest growing economy in the G7.
Election uncertainty knocks activity in service sector July 3, 2024 Despite the fall, June's final PMI was higher than the 51.2 recorded in the initial 'flash' estimate
FTSE 100 today: London markets to open higher on rate cut wagers July 3, 2024 Asian stocks surged on rate cut expectations, with the yen near 38-year lows. Focus on Fed minutes, ISM services PMI, and UK elections.
China’s services sector growth dips to eight-month low: Caixin PMI July 3, 2024 China's services sector grew slower than expected in June, marking its weakest pace in eight months, according to a private-sector survey.
Central banks keep markets guessing on path of interest rates July 2, 2024 Investors looking for clear guidance on the path of interest rates received few firm commitments from top central bankers on Tuesday.
Bank of England should become more like the Fed to stem bond losses, Barclays says July 2, 2024 The Treasury is having to shoulder heavy losses from QE, which is attracting a lot of political attention given the parlous state of the public finances.
What the next government needs to do to kickstart the economy July 2, 2024 There's a startling degree of consensus on the economic challenges facing the next government, but that does not make them any easier to solve.