By: Chris Dorrell

Economics Reporter Chris has been at City AM since January 2023, first as banking reporter and then economics reporter. He covers all things inflation, interest rates and Bank of England.

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Wage growth beats expectations as inflation beds into UK economy

November 14, 2023

In its most recent Monetary Policy Report, the Bank of England suggested that unemployment will have to go higher than it previously thought in order to bring down wage growth.
FTSE 100 close: Phoenix helps London markets into the green as investors look to key inflation data

November 13, 2023

"There is a little more optimism edging in on markets ahead of key inflation data out this week," Susannah Streeter said.
Activity contracts across three-quarters of UK regions — but London remains ‘bright spot’

November 13, 2023

London remained the UK's top-performing region, with the business activity index coming in at 53.8. The 50-mark separates growth from contraction.
Inflation set to drop to lowest level in two years as energy prices continue falling

November 13, 2023

Inflation is set to fall below five per cent for the first time in two years, but the job is far from over for the Bank of England.
UK millennials ‘still wearing economic scars’ of 2008 financial crisis

November 13, 2023

While millennials in the US have mostly recovered from the impact of the 2008 crisis, their contemporaries in the UK continue to wear the “economic scars” of that period, according to a new research from the Resolution Foundation.
Tax cuts to be saved for spring as Hunt preps ‘dour’ autumn statement

November 13, 2023

The autumn statement is unlikely to feature any big ticket tax cuts despite the UK's finances being in a better position than expected.
ONS considering bigger cash rewards to address drop in survey response rate

November 12, 2023

The Office for National Statistics (ONS) is offering bigger cash incentives for participants in its surveys as it seeks to address the declining response rate.
US inflation to attract attention as traders look for hints on Fed’s rate path

November 12, 2023

Tuesday's US inflation report will be the highlight of a busy week for markets that will also include a health check on the state of the US consumer.
UK economy avoids recession edge as GDP shows no growth

November 10, 2023

The ONS said services fell by -0.1% per cent, construction grew by 0.1 per cent and production was flat at 0.0 per cent, as the UK economy appeared to remain stagnant.
Monetarists warn of ‘severe recession’ and risk of deflation as money supply falls

November 9, 2023

Monetarists are warning that the UK is facing a "severe recession" as the money supply falls sharply in the face of the Bank of England's interest rate hikes.

UK launches free AI training for schools as staff confidence lags

Crystal Palace to step up legal fight over Europa League expulsion

How Stratford became London’s new culture hub

By: Chris Dorrell

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