Reasons to be cheerful? Why the UK could dodge a recession November 21, 2023 After the most recent GDP figures for the third quarter, it is all but certain that the UK will avoid a contraction this year. So are there still reasons to be optimistic about the UK's performance over the coming months?
How Grind went from a Shoreditch mobile phone shop to a growing coffee empire November 21, 2023 Entrepreneur stories start in all manner of ways. In David Abrahamovitch’s case, it was taking over his late father’s mobile phone shop in Shoreditch. A long-term lease and an interest in coffee led him to open up Grind, one of the early entrants in London’s then nascent flat white scene. That single store has evolved [...]
Wage growth nudges higher — what does this mean for the Bank’s war on inflation? November 21, 2023 Pay awards have picked up again in the last three months thanks to higher pay packets from the public sector, complicating the path to potential interest rate cuts.
Asos: Short sellers ramp up bets against former retail favourite as profits dwindle November 21, 2023 Short sellers have been hiking their bets against Asos this month after the former e-commerce darling slashed its profit forecasts in September.
Scrap ‘punitive’ stamp duty and shake-up ISAs: What the City wants from the autumn statement November 21, 2023 The City’s eyes will be trained on the Chancellor on Wednesday as he prepares to lay out the government’s spending plans in the autumn statement.
UK and South Korea to sign new agreement during state visit November 21, 2023 The UK and South Korea are set to sign a new long-term agreement covering defence and technology co-operation as President Yoon Suk Yeol arrives for a three-day state visit.
Bailey: ‘Far too early’ to talk about cutting interest rates despite ‘welcome news’ on inflation November 21, 2023 Andrew Bailey, governor of the Bank of England, stressed that it is still "far too early" to consider interest rate cuts despite the recent "welcome news" on inflation.
Hunt reveals Treasury-backed tech funds in bid to kickstart £75bn pension boost November 21, 2023 The Chancellor Jeremy Hunt has revealed £250m will be channelled into two new private sector investment vehicles today as ministers look to kickstart the flow of cash from pension funds into tech start-ups.
Keir Starmer makes his play for the ‘powerhouse’ City of London November 20, 2023 Keir Starmer, in his most pro-City and pro-business intervention yet, has promised to work with City chiefs in an exclusive interview
McLaren 750S review: new British supercar takes on Ferrari November 20, 2023 The McLaren 750S is an intense and intoxicating supercar that rivals the Ferrari 296 GTB. Tim Pitt drives it on the road and track.
