Why we should be cautious about rising business confidence April 30, 2024 A number of surveys have said that business confidence in the UK is on the up and the economy is set to rebound. But dig a little deeper, the news might not quite be as rosy as it sounds, Chris Dorrell writes
Shop price inflation slows but political tensions ‘pose a threat’ to stability April 30, 2024 The rate at which shop prices rise has slowed to its lowest level in close to three years but geopolitical tensions and the knock-on impact on commodity prices, like oil, pose a threat to future price stability.
The Notebook: For the UK’s poorest, things are only getting worse – just look at the numbers April 30, 2024 Ian Whittaker takes the Notebook pen to write about inflation, the US's Tiktok ban, and a little bit of life advice.
Bank of England to cut interest rates in August before the Fed, economists predict April 28, 2024 The Bank of England is expected start cutting interest rates in August before the US Federal Reserve, a City A.M. poll of top economists has revealed, as inflation edges back down to the government's two per cent target.
High commodity prices could keep inflation elevated, World Bank warns April 25, 2024 The World Bank has predicted that commodity prices will fall just three per cent in 2024 and four per cent in 2025.
Bank of England officials say rate cuts are ‘closer’ but jobs market remains ‘very tight’ April 23, 2024 Last week figures showed that inflation fell to 3.2 per cent in March, a two-and-a-half year low. However, this was still slightly above what economists had expected.
Chocolate and discount-loving Brits drive food inflation down for 14th straight month April 23, 2024 Grocery price inflation fell to 3.2 per cent over the four weeks to 14 April, marking the fourteenth monthly drop in a row, new figures by Kantar show.
The week that was: London woes, hedge funds short on water, and confusing jobs data April 20, 2024 Confusing inflation data, further tribulations for water firms and yet more woes for the London Stock Exchange, we review another busy week in the City.
Bank of England rate-setter Ramsden ‘more confident’ inflation pressures receding April 19, 2024 Dave Ramsden, one of the nine Monetary Policy Committee (MPC) members, told an audience in Washington that he was now "more confident" that inflationary pressures were receding.
Bank of England left with tough choice on interest rate after week of fresh data April 19, 2024 Most of this week has been dominated by discussions about when the Bank of England will start cutting interest rates.