Headline inflation slows again but Bank set for further rate rise August 16, 2023 Inflation has fallen to 6.8 per cent thanks to energy price falls, but core inflation remains sticky
EY break-up could be back on after approach from US private equity giant August 16, 2023 A plan to separate the consulting arm of EY from the rest of the group could be revived by private equity, according to reports.
Wind turbines are getting old, here’s how the UK’s ageing fleet keeps spinning August 16, 2023 Wind turbines are routinely regarded as an energy source of the future, as debates spin over its upcoming role in the country’s supply mix.
The Notebook: Patrick Spencer on the global economy, Simpsons stereotypes and why not all businesspeople are evil August 16, 2023 Today, Patrick Spencer, former government advisor and director of the Jobs Foundation, takes the pen Economic news, jobs, jobs and more jobs. Waking up yesterday, the big news is from the US as former president Donald Trump was charged with intentionally interfering with the US election result in 2020. Grim news indeed but the more [...]
He could work on the delivery, but Bailey’s warnings were right August 16, 2023 So was he right? Bank of England governor Andrew Bailey’s comments that Brits shouldn’t ask for a pay rise looked tin-eared at the time, and it didn’t help when the Bank then upped its bonus pool. But his warnings of a wage price spiral appear to be coming to fruition. Now, what brought on the [...]
Biden’s $370bn green subsides are only a threat if we continue ignoring them August 16, 2023 When Biden first introduced the Inflation Reduction Act, everyone panicked. Since then, there has been stony silence from Britain.
House prices will eventually start to fall, as long as owners accept their new reality August 16, 2023 House prices are on the rise because fewer people are selling, and fewer people are selling because they think their property has preserved its value. Once they give up, prices will fall, writes Paul Ormerod
India remains an untapped source of wealth for future UK trade and tech prosperity August 16, 2023 There are clear economic benefits that we could reap from bilateral trade with India, as well as exciting technological opportunities, writes Constantin Cotzias
Row over why London built just one affordable home a month August 15, 2023 A row has broken out over why London has built just one affordable home a month, amid warnings the capital’s housing crisis is fast catapulting into an emergency situation. Figures published today reveal just three affordable homes were started by City Hall during April, May and June 2023 – while stats for previous years extend [...]
Why is Netflix jumping into the cloud gaming market? August 15, 2023 Netflix first announced its move into the cloud gaming industry back in November 2021, and it is now starting to test its games in the UK on televisions and computers as it looks to grow the service. Cloud gaming – sometimes known as gaming on demand or game streaming – allows users to play video [...]