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      Scotland’s tax hike may have backfired as receipt falls

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Economy

  • Business confidence rises to highest level in two years but concerns over costs remain

    July 10, 2024

    "These figures suggest that businesses shrugged off any distraction caused by the general election, as lower inflation and stronger expected sales growth drove an encouraging uptick in confidence in the second quarter," Suren Thiru, ICAEW economics director, said.

  • China’s CPI inflation at three-month low in June, spurring economic stimulus talks

    July 10, 2024

    China's consumer price inflation slowed to a three-month low in June, while producer prices remained in deflationary territory.

  • Reeves makes a positive start on planning reform – but there’s plenty more to do

    July 8, 2024

    Believe it when you see it was the attitude of many City economists to Labour's promised overhaul of the planning regime.

  • 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.

  • UK ‘can’t afford not to’ go green in bid for growth, CBI chief to say

    July 1, 2024

    The UK’s growth could be put at risk if politicians try to “separate the economy from net zero”, a top business lobby group boss is set to warn.

  • China’s twin PMI figures reveal mixed economic health

    July 1, 2024

    China's manufacturing PMIs for June painted a mixed picture for the world’s second-largest economy, prompting calls for additional stimulus.

  • Move aside NIMBYs, there’s a new acronym: Britain is now a Banana economy

    June 25, 2024

    You may have heard of NIMBYs blocking economic growth, but now there's a new acronym ready to slip up the UK's planning system - BANANA.

  • China faces uphill battle for recovery amid mixed economic data

    June 17, 2024

    China faced several economic challenges in May, notably with industrial output growth falling short of expectations.

  • FTSE 100 today: London markets set to open lower as global sentiment deteriorates

    June 17, 2024

    Asian stocks fell due to weak Chinese data and concerns over a political crisis in France. Focus on the Bank of England's policy decision.

  • Bridgerton effect: Netflix show creator opens London Stock Exchange to mark UK economic contribution

    June 14, 2024

    Bridgerton has supported almost 5,000 businesses over the past five years, from the film production companies working on the show to the wedding companies producing Bridgerton-themed events for fans and the food merchants creating novelty treats inspired by the show's characters.

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