ECB hit record turnover with Hundred and women’s Ashes contributing May 14, 2024 The ECB have seen their turnover increase to £336.1m from £334m in the financial year to 31 January, with profit increasing from £21.1m to £27.9m.
Does hot wage growth derail hopes of a June interest rate cut? May 14, 2024 The first round of labour market figures was released this morning and it leaves policymakers in a bit of a bind.
Confidence in ONS statistics remains high but data issues might pose problems May 14, 2024 “Now more than ever it is vitally important that citizens know where to find reliable, impartial statistics." Professor Sir Ian Diamond, National Statistician, said.
Virgin Money reports ‘subdued market’ for mortgage lending as higher rates put off borrowers May 14, 2024 Virgin Money has reported lending growth across its target areas but a downtick in mortgage balances as it prepares for a mega merger with Nationwide.
FTSE 100 today: London markets to open higher on weaker UK jobs report May 14, 2024 Asia markets mixed after lackluster Wall Street. Focus on UK jobs report, Fed Chair Jerome Powell speech, and Vodafone's earnings.
Coutts: Prime London property prices to rebound as inflation subsides May 13, 2024 A cocktail of macroeconomic factors meant there was a 3.9 per cent drop in prime London prices in the last quarter.
Ex-pensions minister: ‘Serious questions’ for lenders as ultra-long mortgages surge May 13, 2024 Young homebuyers are at risk of falling into poverty in older age, a former pensions minister has warned, as fresh data suggests more than one million new mortgages over the last three years were issued with end dates beyond the state pension age.
FTSE 100 today: London markets set to hold strong in bull rally ahead of UK jobs data May 13, 2024 Asian markets started cautiously, while China's CPI rose for the third month. Investors now await US inflation data and Walmart's earnings.
Recession, interest rates and inflation: Five graphs that explain the UK economy May 10, 2024 The UK leapt out of recession in the first quarter of this year, with GDP growing by a relatively impressive 0.6 per cent.
What’s behind London FTSE 100’s record run? May 10, 2024 So far this year the FTSE 100 has climbed just under eight per cent, which puts it roughly in line with peers in Frankfurt and Paris.