Could April’s minimum wage hike dent hopes of a June rate cut? March 29, 2024 The minimum wage will rise from £10.42 to £11.40 per hour, an increase of 9.4 per cent, in April. Will it push inflation higher?
London business confidence ‘booming’ as lower inflation fuels hopes of a recovery March 27, 2024 London business confidence soared in March as the UK's ongoing economic recovery lifted spirits in the capital, according to a closely watched survey.
Sharp fall in inflation not enough to change the Bank of England’s approach – yet March 20, 2024 The Monetary Policy Committee (MPC) meets tomorrow and will almost certainly leave interest rates on hold despite today's inflation figures.
US inflation comes in ahead of expectations again as markets grow nervy about Fed rate cuts March 12, 2024 According to figures from the Bureau of Labor Statistics, prices rose 0.4 per cent in February, higher than the 0.3 per cent expected by economists.
Spending on discounts rises four per cent as Brits do Valentine’s Day on a budget February 27, 2024 Consumers’ spending on offers increased by four per cent in February, worth £586m more than the same month in 2023, as Brits continue to seek out discounts despite cooling inflation.
Cost of love: Brits opt to dine in and scale back as flower prices soar this Valentine’s Day February 14, 2024 The price of a bouquet of roses has shot up around four per cent if you look at Wednesday’s inflation reading.