Real Madrid top Deloitte Football Money League as Champions League revamp boosts Premier League’s rivals
This investment clock says what assets to buy and when March 11, 2019 | City Talk By Tom Bailey from interactive investor. It’s inevitable that the unremitting global economic cycle will impact stock markets, but when? The economist Paul Samuelson once joked that the stock market has predicted nine of the past seven recessions. But while the over-reactive nature of equity market investors and their poor predictive powers ring true, there [...]
Sign of the times: Smart speakers in and crockery out of UK inflation goods basket March 11, 2019 Bluetooth speakers, flavoured tea and washing gel have been added to the “basket of goods” used to calculate inflation in the UK, while crockery sets and hi-fi systems have been shelved. Read more: Inflation drops to two-year low of 1.8 per cent The Office for National Statistics (ONS) outlined changes this morning to the list [...]
We’re not as stuck as the Brexit blues would have you believe January 28, 2019 IF YOU’RE looking for a meaningful vote of confidence tomorrow, look elsewhere than the sentiments of our 650 MPs. Instead try the 650,000 British businesses registered last year – each one a vote of confidence in the future. But when you’re surrounded by extremes, it’s hard not to get swept away by it all. As [...]
London house prices slump as Brexit stagnation spreads to suburbs December 19, 2018 London house prices fell in October as slowdown in the capital dragged down UK property price growth to its lowest level in five years. House prices in London fell 0.3 per cent in October, taking the annual price fall in the capital to 1.7 per cent, according to data released today by the Office for National [...]
British household savings declined in October October 22, 2018 British household savings declined this month as salary growth slowed to the weakest rate in eight months, according to a survey of household finances. The IHS Markit Household Finance Index declined to 45.1 in October from 45.7 the previous month, signalling increased pessimism by UK households towards their financial situations. Read more: Goldman Sachs enters British savings [...]
UK shoppers flee high street over August bank holiday weekend August 31, 2015 Heavy rain over the bank holiday weekend resulted in a washout for high streets across the country with people opting to visit shopping centres instead, new figures show. High street stores suffered a 4.1 per cent year-on-year decline in footfall on Sunday after the wet weather and strong winds dampened shoppers' mood, according to [...]
UK housing market: Remortgaging spurred on by Bank of England interest rate hike threat August 26, 2015 Remortgaging has surged as the prospect of an interest rate rise leads homeowners to lock in better deals. The number of people switching to lower rates was 29 per cent higher in July than in the some month last year, figures released yesterday by the British Bankers’ Association (BBA) showed. “Savvy homeowners are snapping up [...]
Jeremy Corbyn slams rail fare rise as “rip off” August 19, 2015 Regulated rail fares may be set to rise by just one per cent next year, but Labour leadership front-runner Jeremy Corbyn has called them a “rip off”, insisting only his plan to renationalise the railways will deliver savings for consumers. Speaking at a rally at Kings Cross Station yesterday, Corbyn said that “extricating the [...]
Don’t fear low inflation: It’s great news for consumers while it lasts August 18, 2015 The latest retail figures in the UK showed good growth. Things are also looking up in the US and in much of the euro area. The world economy has settled into a period of steady growth with very little inflation in the major economies. Indeed, just yesterday, official figures revealed that consumer price index inflation [...]
UK inflation: Pound hits seven-week high as inflation unexpectedly hits 0.1 per cent in July August 18, 2015 The pound hit a seven-week high against the greenback this morning as investors cheered a better-than-expected inflation figure. Official data showed the consumer price index rose 0.1 per cent in the year to July, from zero a month earlier, beating economists' expectations for no change. Nevertheless inflation still remains well below the Bank of England's target [...]