As wage growth passes its peak experts are divided on the Bank of England’s next move November 14, 2023 The question is what will happen with wage growth over the coming months. Predictably, economists are divided.
Wage growth beats expectations as inflation beds into UK economy November 14, 2023 In its most recent Monetary Policy Report, the Bank of England suggested that unemployment will have to go higher than it previously thought in order to bring down wage growth.
Moving markets: What’s shaping the FTSE 100 today November 14, 2023 Chinese bank loan data and UK jobs numbers will shape much of the FTSE 100 and markets action this morning
FTSE 100 close: Phoenix helps London markets into the green as investors look to key inflation data November 13, 2023 "There is a little more optimism edging in on markets ahead of key inflation data out this week," Susannah Streeter said.
Activity contracts across three-quarters of UK regions — but London remains ‘bright spot’ November 13, 2023 London remained the UK's top-performing region, with the business activity index coming in at 53.8. The 50-mark separates growth from contraction.
Moving markets today: What’s shaping the FTSE 100 this morning November 13, 2023 Moving markets: FTSE 100 traders set to keep an eye on Asian inflation figures, oil prices and the US debt ceiling
Pandora confident it can dodge slowdown in luxury market November 12, 2023 The boss of Scandinavian jeweller Pandora has said he is increasingly positive about the company’s outlook as it heads into the crucial Christmas period despite the shine coming off the wider luxury goods sector. Speaking to the Financial Times, Pandora CEO Alexander Lacik said that his company has benefited from its relative affordability: “When people [...]
US bank stocks fall to record low against S&P 500 as sector hurts from bond crash November 12, 2023 US bank stocks have plunged to an all-time low relative to the S&P 500 index as lenders continue to feel the impact of the banking crisis that erupted earlier this year.
US inflation to attract attention as traders look for hints on Fed’s rate path November 12, 2023 Tuesday's US inflation report will be the highlight of a busy week for markets that will also include a health check on the state of the US consumer.
FTSE 100 close: London ends week deep in the red as Diageo shares crash after GDP flat November 10, 2023 No firms on the FTSE 100 rose by more than one per cent after the open on a sluggish morning with few corporate results, as Diageo' share price plummeted by more than nine per cent.