Pay growth set to stay high in blow to Bank of England interest rate cut hopes March 7, 2024 The Bank’s most recent Monetary Policy Report suggested that there needed to be a “moderation in pay pressures” to bring down services inflation, a key gauge of domestic inflationary pressures.
Hunt’s budget was more a salad buffet than a proper City lunch March 7, 2024 Sky News’ City Editor Mark Kleinman on the budget, the latest on the Woodford fallout, and another bank tie-up
Spring Budget in review: Some sensible moves, a few gimmicks, but mostly a bore March 7, 2024 So, what's the verdict? Some small steps in the right direction, but nothing to move the dial on the economy – or the opinion polls, writes Julian Jessop.
Spring Budget 2024: Why the OBR forecasts should be taken with a side of salt March 6, 2024 These are just forecasts. They will be wrong. This isn't a criticism of the OBR. Forecasting the performance of a £3.3trn economy over five years is just quite hard.
Spring Budget 2024: OBR upgrades UK growth forecasts on lower inflation and growing population March 6, 2024 The OBR is markedly more optimistic than the Bank of England and has upgraded next year's prospects are better than expected
The London hotels with the most delicious restaurants March 6, 2024 The London hotels with the most unmissable restaurants
Spring Budget 2024: British Savings Bond introduced to help investors ‘save for the long term’ March 6, 2024 A new British Savings Bond has been introduced at today’s Spring Budget, which will be delivered through state-owned savings bank National Savings and Investments. In today’s fiscal event, Chancellor Jeremy Hunt said he would be making it “easier for people to save for the long term” through the introduction of the British Savings Bond, that [...]
Best hotel restaurants in London, from Claridge’s to Chiltern Firehouse March 6, 2024 As more big-name hotels bring in big-name chefs, the days of overpriced, soulless hotel restaurants are coming to an end in London. Whether it’s cocktails and para picar at the dimly lit Decimo in King’s Cross or a masterclass in Michelin-starred cooking from Hélène Darroze at The Connaught, Alex Dalzell has ventured beyond the lobby [...]
The Notebook: When will the Bank of England begin cutting interest rates? March 6, 2024 Where the City’s experts have their say. Today, Interactive Investor's Victoria Scholar talks interest rates, star-studded weddings and Bitcoin.
Hopes of lower interest rates fuel construction sector optimism amid housebuilding resurgence March 6, 2024 The overall construction PMI rose to 49.7, up from 48.8 in January, its highest level since August 2023 and only marginally below the neutral 50-mark.