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      LONDON, ENGLAND - JULY 24: A photo illustration of the new Twitter logo on July 24, 2023 in London, England. Elon Musk has revealed today a new logo for Twitter, which constitutes the letter 'X' as part of a rebrand of the company. (Photo Illustration by Dan Kitwood/Getty Images)

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inflation reduction act

  • Inflation tipped to fall to year-low in boost to interest rate cuts

    Economics

    Inflation is tipped to fall back to its lowest level for nearly a year in a busy week for UK economic data, with hopes the drop will help accelerate the Bank of England’s rate-cutting cycle. Economists are expecting the Office for National Statistics to show a sharp reprieve in the Consumer Price Index – the [...]

    Bank of England building exterior with iconic architecture, highlighting economic influence and financial stability in the UK
  • Soaring food costs send shop price inflation higher

    Retail

    Soaring food costs pushed shop price inflation higher in December, fresh data has revealed, as Brits faced the crunch during the Christmas season. Food inflation reached 3.3 per cent in the final month of 2025, up from three per cent in November, with fresh produce rising to 3.8 per cent from 3.6 per cent previously. [...]

    Basket filled with assorted fresh produce and gourmet foods, emphasizing a diverse selection for healthy living
  • FTSE 100 Live: Inflation eases more than expected ahead of rate decision

    Markets

    Good morning and welcome back to the City AM liveblog. We’ve had the latest inflation data this morning, which has shown the consumer price index (CPI) rose by 3.2 per cent in the 12 months to November 2025. This eased from 3.6 per cent in October 2025. It also beats figures pencilled in by economists, [...]

    Live blog placeholder image for a general news article on a business website, featuring a neutral background and subtle de...
  • Ashtead: Profit down at equipment giant as revenue slows

    September 3, 2024

    Equipment rental group Ashtead’s revenue grew just two per cent, and profit fell during the three-month period ending 31 July, as a construction slowdown across the US hit the company. The equipment hire giant, the FTSE 100’s 25th largest firm, reported revenue of $2.75bn (£2.1bn) for the period, up from $2.7bn (£2.06bn) in the prior [...]

  • Keller: Engineer and HS2 contractor’s shares surge on record profit thanks to ‘Bidenomics’

    August 6, 2024

    Shares in engineer Keller shot up by over nine per cent at market open on Tuesday, after firm’s profit more than doubled in the first half of the year. Profit before tax at the FTSE 250 constituent, which is the world’s largest specialist in earth and ground engineering and was one of the main contractors [...]

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