‘Stars are aligning’ for UK economy after inflation data and Bank of England rate decision March 22, 2024 "We think the stars are aligning for stronger consumer spending growth this year," Rob Wood, chief UK economist at Pantheon Macroeconomics said.
Retail sales flat as rainy February puts shoppers off the high street March 22, 2024 The figures were actually slightly stronger than expected by analysts, who predicted a 0.4 per cent fall.
Bank of England: Interest rate cuts are ‘in play’ as inflation falls, Bailey says March 22, 2024 Could the Bank of England cut rates interest rates sooner than expected?
FTSE 100 today: London markets to open higher, riding the global rally wave March 22, 2024 Asian markets track Wall Street's uptrend. Apple shares fell 4.1 per cent amid legal issues, and the Chinese yuan hit a four-month low. Reddit's stock soars 48 per cent on debut. Focus shifts to key events like UK retail sales and Fed Chair Powell's speech for monetary policy clues.
Bank of England’s dovish pivot on interest rates poses a number of questions March 21, 2024 Andrew Bailey, governor of the Bank of England, gave as precise a summary as it is possible to give. "Things are moving in the right direction".
Bank of England holds interest rates again but Bailey says ‘things are moving in the right direction’ March 21, 2024 The Bank of England voted to leave interest rates on hold for the fifth consecutive meeting.
UK economy sees another ‘robust expansion’ in March as manufacturing sector improves March 21, 2024 The recovery of the UK economy looks set to roll on as business activity continued expanding in March, a closely watch survey suggests.
Government borrows more than expected in February, but on track for lowest annual total in four years March 21, 2024 The borrowing figures are the first since Jeremy Hunt's Spring Budget, in which he cut National Insurance by a further 2p.
Fed holds interest rates – but warns on inflation – ahead of Bank of England decision March 21, 2024 The Fed's decision comes as markets grow increasingly nervy about the persistence of inflation after two consecutive overshoots.
It’s a deal: six ways to think about sustainabililty in M&A transactions March 21, 2024 Some of the most significant risks and opportunities facing businesses today centre on sustainability. As risks, they can result in financial losses and regulatory breaches, and even potentially destroy reputations that have been built up over decades. As opportunities, however, they can spark innovation, help a business stand out in the marketplace, and set it [...]