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      Government debt repayment ‘could rise to half’ of total taxes

      OBR chiefs told the Treasury Select Committee that a higher tax burden could stifle growth.

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Markets & Economics

  • 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. [...]

  • Creating sustainable, resilient, inclusive communities

    November 16, 2023  |  Sponsored

    The debate around net zero, and how to achieve it, has never been more fierce. The political arguments go back and forth; between what climate scientists recommend and what policymakers and the general public are prepared to accept. In the meantime, extreme weather continues to rage around the world. With COP 28 around the corner, [...]

  • From Rwanda to inflation, Sunak has tied himself to pledges he can’t control

    November 16, 2023

    Cutting both immigration and inflation are two of Sunak’s cornerstone pledges, but the PM is struggling to wrest the former under control even as he amps up the rhetoric, writes Simon Neville

  • Eurozone posts robust recovery — but forecast notes EU economy has ‘lost momentum’

    November 15, 2023

    In its new Autumn forecast, the Commission predicted that the currency union would grow 0.6 per cent in 2023, a downgrade on its previous forecast of 0.8 per cent.

  • St James’s Place shares bounce as bosses mount defence of paypackets

    November 15, 2023

    Shares in St James’s Place have bounced today after the firm mounted a defence of its bosses’ paypackets following a small revolt at its annual meeting in May.

  • Inflation drops below five per cent in boost for Bank of England and Sunak

    November 15, 2023

    Although the Bank of England has left interest rates on hold for two consecutive meetings, members of the MPC have been warning that more needs to be done to tackle inflation.

  • EMEA and UK Q3 M&A: Down, but not out

    November 14, 2023  |  City Talk

    Hopes were high for EMEA M&A going into Q3. Unfortunately, that optimism didn’t translate into increased deal values and volumes for EMEA. Nearly every sub-region experienced decreased activity. So, were there glimmers of light across the region and in the UK & Ireland? And are there still deals to be done before the year closes? [...]

  • Oil watchdogs raise outlooks amidst Israel-Palestine uncertainty

    November 14, 2023

    Global oil markets are creeping back to confidence as two energy watchdogs cast a positive light on the sector this week.

  • Sterling surges to highest level since mid-September as US inflation falls faster than expected

    November 14, 2023

    The pound jumped higher on Tuesday afternoon after new figures showed that US inflation fell faster than expected in October making further rate hikes in the US unlikely.

  • FTSE 100 close: Midcap index storms up nearly 3.5 per cent and pound surges after US inflation data

    November 14, 2023

    London's FTSE 100 was flat in early trading on Tuesday as investors mulled fresh jobs data showing higher-than-expected wage growth.

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