Cutting taxes on Scotch whisky would be a win-win for the Chancellor February 27, 2024 Slashing excise duty on spirits is a popular revenue raiser – so why have only three Chancellors ever done it?
FTSE 100 today: London markets set for a cautious start following Wall Street slippage February 27, 2024 Asian markets echo Wall Street caution, with the dollar weakening and Bitcoin surpassing $57,000. Japan's core inflation declines. Investors await pivotal inflation data for market insights and investment decisions.
Moving markets: Five things shaping the FTSE 100 today February 26, 2024 Asian markets were mixed as investors awaited inflation data, while oil prices extended their decline. The week ahead promises a flurry of retail and technology earnings reports, offering insights into sector performance and economic trends.
Fed’s preferred inflation measure to show persistent pressure in blow for rate cut hopes February 25, 2024 Persistent inflationary pressures are fuelling fears that the Fed will wait until the summer to start cutting interest rates.
‘Not for EU’ food labelling plans already affecting investment in UK manufacturing February 23, 2024 Plans to introduce ‘not for EU’ labelling on food products across the whole of the UK is already “having an impact on investment”, one expert has warned.
Nestle: Kit Kat and Nescafe maker’s sales below par as inflation hits demand February 22, 2024 Nestle, the Kit Kat and Nescafe coffee maker, reported lower than expected sales for the full year, as high inflation continued to impact customer demand.
Tate & Lyle blames inflation for slip in revenue February 21, 2024 The update comes just days after the 100 year old brand revealed it would remove the dead lion from its plastic golden syrup and dessert bottles. A lion's head with a bee will replace the iconic logo.
Domino’s shares spike as rating upgraded with potential for 360 more UK stores February 20, 2024 Shares in Domino’s Pizza were delivered a surprise boost this morning after analysts upgraded its rating on the stock, and encouraged the UK’s biggest pizza maker to expand.
Regulator launches investigation into baby formula market February 20, 2024 The CMA investigation, which was launched today, came off the back of a November study which found manufacturers raised prices by 25 per cent over two years, increasing profit margins during the cost-of-living crisis.
Inflation and cost rises bring losses near £50m at Harringtons pet food maker February 16, 2024 A rise inflation and costs contributed to losses nearing £50m at the company behind the Harringtons pet food brand during its latest financial year, it has been revealed.