Wage growth nudges higher — what does this mean for the Bank’s war on inflation? November 21, 2023 Pay awards have picked up again in the last three months thanks to higher pay packets from the public sector, complicating the path to potential interest rate cuts.
Bailey: ‘Far too early’ to talk about cutting interest rates despite ‘welcome news’ on inflation November 21, 2023 Andrew Bailey, governor of the Bank of England, stressed that it is still "far too early" to consider interest rate cuts despite the recent "welcome news" on inflation.
Less is more, but not for Glencore November 20, 2023 For Glencore, ‘no’ wasn’t an option in its pursuit of Teck’s coal operations. But how will this acquisition look in a world seeking a greener future?
Thames Estuary could be the Gateway to London’s green future November 20, 2023 | Sponsored Lucy Craven, Head of corporate affairs at London City Airport and member of the Green Hydrogen Alliance This year marks the 120th anniversary of the Wright brothers’ first powered flight. Fast forward to today and the UK aviation industry is the largest in Europe and worth £22 billion to our national economy. The sector is [...]
Polar Capital’s key funds see inflows amid ‘challenging period’ for equities November 20, 2023 Polar Capital reported assets under management of (AUM) of £19.1bn at the end of September compared to £19.2bn at the end of March.
FRP Advisory reports ‘strong’ trading as company administrations jump November 17, 2023 FRP, one of the country's leading restructuring firms, said today it expected to report revenue growth of 19 per cent for its half year.
Autumn statement: Hunt to receive OBR forecast as he eyes inheritance tax cuts November 17, 2023 Earlier this week the Chancellor said he would use Wednesday’s autumn statement to address labour supply issues and business investment
Aviva posts 13 per cent rise in nine-month premiums November 16, 2023 This morning Aviva posted a 13 per cent rise in its general insurance gross written premiums for the first nine months of the year, saying it would continue to return surplus capital to shareholders.
Bank of England finds no evidence of greedflation among UK firms November 16, 2023 Firms in the UK and the EU have not been using the cover of inflation to gouge their customers, new research from the Bank of England suggests.
GPE: West End landlord upgrades forecasts as workers return to central London November 16, 2023 Great Portland Estates, the London-listed landlord said it had signed 37 new leases and renewals in the six months to 30 September, as workers returned to the office. The West End-focused landlord said market lettings were on average 13.4 per ahead of March 2023’s estimated rental value (ERV) with an annual rent role of £11.2m. [...]