Forecasts by the Bank of England and the OBR are drifting apart. Is it a problem? April 9, 2024 Economic forecasts by the Bank of England and the Office for Budget Responsibility are drifting further apart. Chris Dorrell explains why this could be a problem
Barclays: Tiktok and Instagram ‘no spend challenge’ helps push non-essential spending to two-year low April 9, 2024 Non-essential spending slumped to its lowest level in over two years, a new report has found, as Brits partaking in a popular no-spend challenge bruises restaurant and retail trade.
UK economy ahead of rivals as prospects for 2024 look rosy April 4, 2024 The UK economy has made a stronger start to the year than advanced economies around the globe, according to a closely watched survey.
Why economists might be underestimating the UK economy April 3, 2024 French argues that "household balance sheets have never been healthier," a point which he argues the consensus is underestimating.
Let’s be honest, Labour’s ‘securonomics’ will make the UK economy less secure March 21, 2024 Reeves’ aspiration to deliver greater stability may sound appealing, but greater state involvement will not deliver the growth she promises.
‘Fragile’ UK at risk from ‘another acceleration’ in business insolvencies, Allianz warns February 28, 2024 The insurer's global insolvency outlook estimated 15 per cent of small and medium-sized businesses in the UK are at risk of going bust, the highest proportion of "fragile firms" in Europe.
Why Hays’ first half results should have us worried about the job market February 22, 2024 Recruiter Hays has felt the chill wind of a struggling economy with profits slipping year on year
Is the UK becoming a ‘challenging place’ to grow a business? February 20, 2024 According to a new report from Goldman Sachs's 10,000 Small Businesses UK Programme, the number of 'high growth businesses' — those actively growing both headcount and revenue — dropped from 39,000 in 2008 to 36,000 in 2022.
‘Swiftonomics’: How Taylor Swift’s UK Eras tour could boost the UK economy February 17, 2024 "There is already strong anecdotal evidence suggesting there will be a strong increase in hotel and restaurant inflation while Taylor Swift is performing".
UK inactivity rate rises as record number out of work due to long-term sickness February 13, 2024 Rising inactivity due to ill-health has been a worrying trend with the UK the only G7 nation where employment is still below pre-pandemic levels.