August interest rate cut on a knife edge after ‘nuanced’ Bank of England survey July 4, 2024 "All told the DMP gave a nuanced signal this month," Rob Wood, chief UK economist at Pantheon Macroeconomics said.
Michelin nearly doubles UK profit as tyre price rises accelerate sales July 3, 2024 The UK arm of tyre giant Michelin has almost doubled its pre-tax profit as it fought off the rising cost of production by upping its prices.
Election uncertainty knocks activity in service sector July 3, 2024 Despite the fall, June's final PMI was higher than the 51.2 recorded in the initial 'flash' estimate
Shop price inflation drops to lowest level since October 2021 as retailers slash prices on TVs July 2, 2024 Retailers slashing prices on TVs to capitalise on the Euros helped push shop price inflation to its lowest level since October 2021.
Weetabix: Shoppers switching to supermarket own brand squeezes profit June 25, 2024 Shoppers switching to supermarket own brand cereals has squeezed Weetabix's profit despite its sales edging up, according to newly-filed documents.
The big unknown that will decide the August interest rate decision June 20, 2024 An August interest rate cut depends on the data. (When does it not...) But there is another big unknown.
Bank of England holds rates but August cut still on the table June 20, 2024 The Bank of England has voted to leave interest rates on hold for a seventh consecutive meeting.
August interest rate cut in doubt despite inflation falling to target June 19, 2024 Inflation dropped to two per cent, prompting champagne corks to go flying in CCHQ. But MPC members might be a bit slower to crack out the fizz.
Inflation drops to two per cent ahead of Bank of England interest rate decision June 19, 2024 Even though inflation has returned to near the two per cent target, the Bank of England is very unlikely to cut interest rates tomorrow.
Firms still face ‘significant pressure’ despite slight decline in insolvencies June 18, 2024 Last year saw the highest number of company insolvencies since 1993, with 25,000 firms going under.