‘Customers can’t afford to pay’: Fears for London’s hospitality scene mount before general election May 25, 2024 Fears for London’s hospitality scene are mounting among restaurant and pub owners, as many reveal they are still trading below pre-pandemic levels due to red hot supply costs and pressures on consumer spending.
Why Sunak and Starmer will put the economy at the heart of the election May 24, 2024 In his statement announcing the election, Rishi Sunak said "I came to office above all to restore economic stability."
Election 2024: This economic data is bad news – that’s why Sunak called a vote May 22, 2024 The Conservatives are set to call an election for July 4th and will put a nascent economic recovery at the heart of their re-election pitch.
Blow for Jeremy Hunt’s tax cut hopes as borrowing beats expectations in April May 22, 2024 Economists closely watch the borrowing figures for any indications of how much fiscal space the Conservatives will have to cut taxes ahead of an election later this year.
Inflation ahead of expectations in blow for June interest rate cut hopes May 22, 2024 At the Bank of England's last meeting earlier this month, policymakers confirmed that they were considering cutting interest rates.
IMF upgrades growth forecasts for UK economy but warns of ‘tough choices’ ahead May 21, 2024 "With growth recovering faster than expected, the UK economy is approaching a soft landing, following a mild technical recession in 2023," the IMF said.
Time to give the UK’s golden goose some much-needed nurturing May 21, 2024 One side committed - the other sniffing around elsewhere. It’s harder to judge betrayal in politics, where snake-like behaviour is more easily accepted.
Tax from UK’s financial sector pays for the country’s entire education budget May 21, 2024 "Financial and related professional services are a significant and consistent source of tax revenue for the government," Miles Celic, chief executive at TheCityUK, said.
London Stock Exchange chief takes aim at ‘pernicious’ stamp duty on shares May 20, 2024 The boss of the London Stock Exchange described the effect of a stamp duty on shares as “pernicious” today as she claimed the gloomy “public narrative” surrounding the City was beginning to lift.
Another one? American firm plots London Stock Exchange listing amid signs of revival May 16, 2024 Another firm is reportedly gearing up to float on the London Stock Exchange in the coming weeks as the City begins to show signs of a revival following a barren period for the market.