Labour market ‘creaking rather than cracking’ following Budget February 18, 2025 There's been a growing air of pessimism around the labour market since Labour's maiden Budget, and with good reason.
Wage growth accelerates again as concerns about inflation rise February 18, 2025 Wage growth accelerated again in the final quarter of last year, new figures show, in a reminder that the UK economy still faces sticky price pressures.
Sweeney should get RFU bonus if he earned it. He didn’t, so shouldn’t February 18, 2025 England Rugby’s CEO Bill Sweeney should get a hefty pay package, but only if the numbers add up. They don’t, so he shouldn’t, argues Matt Hardy Should the chief executive of a major organisation receive a bonus for the work they do? For some it will depend on where they stand on the morality of [...]
James Howells: The man hoping to buy a rubbish dump in his search for £750m of bitcoin February 18, 2025 In 2013, James Howells’ ex-partner threw away a hard drive containing 8,000 bitcoins, now worth in excess of £750m. Having pleaded with – and sued – Newport council to let him comb through the rubbish dump where he believes it’s located, he is now considering a radical new option: buying the landfill. IT-worker James Howells [...]
Value of UK housing stock hits £9 trillion for the first time February 17, 2025 The total value of all homes across the UK has passed £9 trillion for the first time, according to new research by property firm Savills. After a brief slump in 2023, the UK’s housing stock grew by £346bn last year – meaning it is now more than 3.5 times the annual GDP of the UK. [...]
Borrowing boom to boost banks February 17, 2025 Banks have been given a boost after new data predicted borrowing growth would rise throughout 2025. After the Bank of England slashed interest rates three times in the last six months, research from EY Item Club anticipates total UK bank lending will rise to 3.7 per cent this year, up from 2.3 per cent in [...]
City braces for inflation rebound February 17, 2025 City analysts expect the headline rate of inflation to rise to 2.8 per cent, up from 2.5 per cent in December.
Women’s Premier League: Who owns the teams in IPL sibling? February 14, 2025 Amid the hype surrounding the Hundred franchises being sold off to, mostly, Indian or American-Indian investors; the Women’s Premier League (or Women’s IPL) starts today. Having seen its five franchises fetch a collective $572m and media firm Viacom 18 spending over $100m on a five-year broadcast deal, the Women’s IPL is heading into its third [...]
Whisky Business: The Glenlivet’s oldest permanent expression to date February 14, 2025 Whisky Business: City AM’s monthly look at the world of whisky. The key to whisky’s unique flavour is patience, but for producers, there will always be a trade-off between patience and profit. While the process of distilling whisky only takes a few days, Scotch whisky must be matured for a minimum of three years, a significant [...]
What do falling interest rates mean for my finances? February 14, 2025 The Bank of England trimmed interest rates to 4.5 percent in February, the first of what could be multiple cuts this year aimed at kickstarting the UK’s weak economic growth. This raises questions about what loosening monetary policy could mean for savers’ finances. The BoE now expects GDP growth “to be notably weaker in the near [...]