UK needs to ‘get its mojo back’ as another forecaster warns of slow growth December 18, 2023 "While the UK economy is resilient, it needs to get its mojo back," Yael Selfin, chief economist at KPMG UK, said.
Why Goldman Sachs predict ‘earlier and more aggressive’ interest rate cuts from central banks December 18, 2023 Goldman Sachs expects "earlier and more aggressive rate cuts" from central banks after a significant fall in inflation over recent months.
Labour has no plans to change pensions triple lock, Kendall says December 5, 2023 Labour has “no plans” to change the pensions triple lock, shadow work and pensions secretary Liz Kendall has said.
Eurozone inflation slumps raising the prospect of rate cuts November 30, 2023 Core inflation - which strips out volatile components like food and energy - dropped from 4.2 per cent to 3.6 per cent.
Bank of England finance panel suggests wage growth won’t budge next year, but inflation will fall November 30, 2023 "Expected output price inflation has been gradually falling over the year," the survey noted.
‘Realist’ Bailey says Bank of England is ‘getting sleeves rolled up’ to tackle inflation November 29, 2023 In an interview with the Daily Staffordshire, the Bank's governor said "we are not in a place now where we can discuss cutting interest rates."
Hawkish Bank officials warn hot labour market means ‘higher rates for longer’ November 28, 2023 Markets think that the Bank will start to unwind its historic run of interest rate rises next summer.
Food inflation falls again but business rate hikes could unravel progress November 28, 2023 Increases to business rates and the national living wage could reverse progress made to lower food inflation, experts have warned.
How to fix the Bank of England: Economists have their say November 28, 2023 A stinging report has left the Bank of England in the spotlight - again. We asked the best and brightest how to turn the Old Lady around.
Businesses could ‘struggle to afford’ increase in living wage, experts warn November 27, 2023 Last week, the government announced that the National Living Wage will rise by almost 10 per cent next year, from £10.42 to £11.44 an hour.