How a ‘hands-on approach’ is helping drive sales at national butchers Althams February 2, 2024 Turnover at national butchers Althams continued its post-pandemic rise during its latest financial year while its profits also grew, newly-filed documents have confirmed.
After four holds in a row, when will the Bank of England cut interest rates? February 1, 2024 Policymakers did not answer this question directly, but they did give some guidance as to the factors at play.
Bank of England warns inflation to touch two per cent in spring – but will pick up again February 1, 2024 Inflation is expected to pick back up to around 2.7 per cent by the end of this year, remaining above target until the end of 2026.
Bank of England leaves interest rates on hold with Bailey hailing ‘good news’ on inflation February 1, 2024 The Bank of England has kept interest rates on hold for the fourth meeting in a row while policymakers pushed back against expectations of imminent rate cuts. The decision means the Bank Rate remains at a post-financial crisis high of 5.25 per cent, a level reached last August. Six members of the nine-strong Monetary Policy [...]
Insolvencies rise helps Leonard Curtis back into the black February 1, 2024 The rise in company insolvencies across the UK helped Leonard Curtis back into the black during its latest financial year, new documents have revealed.
Oak Furnitureland slumps to £32m loss as rising costs bite January 31, 2024 Oak Furnitureland slumped to a loss of almost £32m during its latest financial year, newly-filed documents have revealed.
IMF: Germany to be weakest major economy in 2024 while UK downgraded again January 30, 2024 In 2025, the IMF expects growth in the UK to pick up to 1.6 per cent, predicting that disinflation would allow "an easing in financial conditions" and real income growth.
Shop price inflation drops as supermarkets slash costs January 30, 2024 Shop price inflation fell to its lowest level since May 2022, helped by supermarkets continually slashing their prices.
Bank of England to leave interest rates on hold as UK economy teeters on brink of recession January 29, 2024 The Bank of England will likely leave interest rates on hold for the fourth time in a row when it meets on Thursday this week, economists have said, as the UK economy teeters on the brink of recession.
Yeo Valley makes plans to weather UK recession after returning to profit January 26, 2024 Yoe Valley returned to the black as its turnover surged passed the £300m mark during its latest financial year, recently-flied documents have revealed.