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UK inflation

  • UK set for recession rebound as growth returns, GDP figures expected to show

    March 11, 2024

    Rob Wood, chief UK economist at Pantheon Macroeconomics, said last year's minor recession was "already disappearing in the rear-view mirror".

  • Travis Perkins: Profits slashed by £175m as housing downturn cuts revenue

    March 5, 2024

    A downturn in the house building market let to profits at Travis Perkins being slashed by £175m during its latest financial year.

  • National Windscreens hails ‘outstanding performance’ as it returns to profit

    March 4, 2024

    National Windscreens has hailed its "outstanding performance" as it returned to the black during its latest financial year.

  • Pukka Pies: New products help sales and profits rise

    March 4, 2024

    New products helped sales and profits rise at Pukka Pies during its latest financial year, according to newly-filed accounts.

  • Spring Budget 2024: Hunt won’t borrow to fund tax cuts in ‘prudent’ package

    March 3, 2024

    Jeremy Hunt has insisted he won’t borrow to fund tax cuts in what he said would be a “prudent and responsible” Spring Budget this week.

  • Caffè Nero creates over 1,000 jobs as sales jump by £100m

    March 1, 2024

    The group behind Caffè Nero created more than 1,000 jobs as its sales surged by more than £100m during its latest financial year, according to new documents.

  • Losses neared £70m at group behind kitchen maker Magnet due to cost-of-living crisis

    February 28, 2024

    Almost £70m was lost by the group behind kitchen maker Magnet after being hit by "unprecedented" inflation, "elevated" energy prices and "notably subdued markets" due to the cost-of-living crisis.

  • FTSE 100 live: London markets flat despite inflation boost, miners rise

    February 27, 2024

    Markets were also given a lift by the news that shop price inflation slowed to 2.5 per cent in February, the lowest level seen in two years.

  • Bank’s Ramsden: ‘More evidence’ needed that inflation has been tamed before rates can go down

    February 27, 2024

    Markets expect the Bank of England to start cutting interest rates in the summer, with three cuts priced in for 2024.

  • Customers’ own brand switch slows sales growth at Victorian Plumbing

    February 27, 2024

    Customers switching to own brand products because of the cost-of-living crisis impacted sales at Victorian Plumbing during the first part of its financial year, according to new figures.

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