Surprise inflation fall casts doubt on Bank of England’s interest rate path December 20, 2023 According to new figures out this morning, the headline rate of inflation fell to 3.9 per cent, its lowest level in two years.
London leads the way as UK house prices drop again December 20, 2023 House prices fell by 1.2 per cent in October, widening from the 0.6 per cent fall recorded in the prior month, according to the latest reading from the ONS. Buyers who purchased a home in October paid £3,000 less compared to customers in the exact same period last year. During the month the North East [...]
Big brands like M&S and Zara must stop capitulating to activist intimidation over war in Gaza December 20, 2023 There are perfectly legitimate arguments against companies’ ties to this war, or indeed any war. We don’t need to create imaginary ones.
Shares in banks and housing firms rise on sharp inflation slowdown December 20, 2023 Shares in banks and housebuilders jumped on Wednesday morning after fresh inflation data came in lower than expected, boosting hopes for interest rate cuts in the first half of next year.
Inflation falls to 3.9 per cent as lower food and petrol prices ease pressure on Bank of England December 20, 2023 The data comes amid continuing debate about when the Bank of England will start cutting interest rates.
London Underground workers vote to strike in dispute over pay December 20, 2023 London Underground workers have voted for more strike action in a dispute over pay, a trade union has confirmed today.
Home REIT offloads 80 properties in latest scramble to clear debt December 20, 2023 Home REIT, the beleaguered homeless accommodation fund, has sold a further 80 properties in the latest scramble to cut its debt. In a series of updates to the London market this morning, the scandal stricken property investor said that it offloaded the homes which represented 3.6 per cent of the company’s portfolio for over £16m. [...]
What Everton fans should know about 777 Partners’ ownership of Vasco da Gama December 20, 2023 Some connected to the Brazilian club have grown concerned about the ownership's approach.
Tortilla Mexican Grill lowers guidance as shoppers steer clear of high street December 20, 2023 Tortilla Mexican Grill said it is trading below market expectations as sales have been hit by slow footfall on the high street and consumers spending less. During the full year, the board said that UK like-for-like growth was up slightly to 3.7 per cent, as the firm added it was helped by new store openings [...]
The government must get a grip on HS2 Euston’s private funding debacle December 20, 2023 News that the government is ignoring advice on how to get how to drum up private sector funding to deliver HS2’s Euston station is deeply worrying.
