Compass: Catering firm thanks inflation for surging profits November 20, 2023 Compass has unveiled a jump in revenues for the year as the catering giant was bolstered by food inflation and demand for its products.
Bank of England rate cuts should be underway by August, economists predict November 20, 2023 Some 79 per cent of the 19 experts surveyed believe that the central bank will have started cutting or begin to cut interest rates by August next year.
Hunt says his ‘priority is backing British business’ as he hints at tax cuts November 19, 2023 Jeremy Hunt has hinted that the autumn statement may contain more tax cuts for businesses in a bid to fire up the UK’s economy.
Inheritance tax reportedly could be slashed by Sunak and Hunt at Autumn Statement November 16, 2023 Plans to slash inheritance tax at the Autumn Statement are reportedly being drawn up by No10 and the Treasury.
Bank of England finds no evidence of greedflation among UK firms November 16, 2023 Firms in the UK and the EU have not been using the cover of inflation to gouge their customers, new research from the Bank of England suggests.
Bank of England’s Greene says she’s ‘not thinking’ about rate cuts despite ‘good news’ on inflation November 16, 2023 A rate-setter at the Bank of England has said that she is "not thinking" about cutting rates despite a sharp fall in inflation yesterday.
Let’s be honest, inflation is down and the Bank of England could create a recession November 16, 2023 The Bank of England is now at risk of overcorrecting after ignoring monetary policy for far too long, writes Matthew Lesh
From Rwanda to inflation, Sunak has tied himself to pledges he can’t control November 16, 2023 Cutting both immigration and inflation are two of Sunak’s cornerstone pledges, but the PM is struggling to wrest the former under control even as he amps up the rhetoric, writes Simon Neville
Why the UK should not get carried away by the largest fall in inflation since 1992 November 15, 2023 October's inflation figures do not dramatically change the Bank of England's fundamental narrative, although they may refine it.
Inflation drops below five per cent in boost for Bank of England and Sunak November 15, 2023 Although the Bank of England has left interest rates on hold for two consecutive meetings, members of the MPC have been warning that more needs to be done to tackle inflation.