UK economy nearly a third smaller thanks to ‘catastrophically bad’ productivity slowdown March 12, 2024 Since the financial crisis, productivity growth in the UK has slowed significantly from its pre-2008 trend and has fallen behind international peers.
US inflation comes in ahead of expectations again as markets grow nervy about Fed rate cuts March 12, 2024 According to figures from the Bureau of Labor Statistics, prices rose 0.4 per cent in February, higher than the 0.3 per cent expected by economists.
EP: 258 Cheltenham Festival – Thursday March 12, 2024 Today we get to crown the champion stayer at the festival when the Grade 1 Stayers’ Hurdle takes place at 3.30. There’s also the Grade 1 Ryanair Chase to look forward to on Day 3 of this year’s festival. City AM Racing editor Bill Esdaile previews all of Thursday’s action at Cheltenham, with special guests [...]
The Punter Summary Podcast – Cheltenham Festival Thursday March 12, 2024 Here’s your chance to discover all of City AM racing editor Bill Esdaile’s selections for Thursday at the Cheltenham Festival in a short summary episode of ‘The Punter Podcast’ alongside Chris Barnett. The full preview is also available on the City AM website. The Punter ‘The Punter’ has been City AM’s dedicated sports betting section [...]
Starling Bank poaches Big Six energy boss ahead of planned London listing March 12, 2024 Digital challenger Starling Bank has appointed OVO boss Raman Bhatia as its permanent chief executive, taking over from interim CEO John Mountain.
Britain and Germany to sign science and tech research deal in post-Brexit leap after rejoining Horizon March 12, 2024 The UK and Germany will sign a fresh agreement to boost their joint science and technology research, the government has announced.
Mortgage arrears surge 50 per cent to seven-year high as Brits squeezed by higher rates March 12, 2024 The proportion of UK mortgages in arrears rose to its highest level since 2016 at the end of 2023, according to data from the Bank of England, as borrowers are squeezed by high interest rates and household costs.
Foresight venture capital trusts make 10 times return on spectroscopy firm sale March 12, 2024 The group has been soled to an unnamed American investor for £11.2m, more than 10 times what the VCTs paid for it in 2015.
British American confirms plan to launch buyback after Indian partner stake sale March 12, 2024 British American Tobacco (BAT) is reportedly set to begin a begin a partial sale of its stake in Indian partner ITC as early as this week.
Bank of England’s fears of a tight labour market will remain despite growing slack March 12, 2024 Although almost every measure suggested a softer labour market than expected, the downside surprises were small and show a labour market that is still tight in historical terms.
