Harvey Nichols: Customers returning to luxury department store chain helps sales pass £200m and slash losses April 24, 2024 More customers choosing to shop at Harvey Nichols helped sales pass £200m for the first time since the pandemic, according to newly-filed accounts.
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.
Butcher’s dog food maker significantly cuts losses as sales surge April 22, 2024 The family-owned pet food business behind brands such as Butcher's significantly cut its losses during its latest financial year, it has been revealed.
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.
Why the Bank of England might be wary of cutting interest rates before the Fed April 18, 2024 The path for the Bank of England to cut interest rate cuts looks increasingly uncertain, particularly as the US Federal Reserve looks set to wait a while longer before loosening policy.
PMQs sketch: Trusst back in politics? April 17, 2024 Thanks to Liz Truss, a surfeit of salad-related attempts at humour emerged during PMQs this week. We take you through the highlights.
Timing of Bank of England interest rate cuts thrown into doubt after hot inflation data April 17, 2024 This week market caution looks justified following two upside surprises on two crucial pieces of economic data.
March inflation comes in higher than expected at 3.2 per cent April 17, 2024 Inflation has fallen from a peak of over 11 per cent in autumn 2022, but the Bank will want to see further progress on services inflation and wage growth.