French inflation rises further as food and energy prices climb June 11, 2015 INFLATION in France has reached 0.3 per cent, signalling a wider recovery in prices across the Eurozone. French inflation reached a recent trough of minus 0.4 per cent in January, but has recovered in line with the rest the currency bloc to eventually escape deflation. Yet the inflation breakdown shows that the return to price [...]
Swedish krona jumps against the euro as it climbs out of deflationary spiral June 11, 2015 The Swedish krona jumped against the euro this morning after official data showed it had come out of deflation for the month of May. The krona rose more than one per cent to 0.108 against the euro, and 0.56 per cent to 0.1217 against the dollar. Prices in the country rose 0.1 per cent in [...]
Wimbledon set to serve up aces June 9, 2015 WASH your whites and let out your waistbands; Wimbledon 2015 is just over three weeks away. Fans are gearing up for the party of the year and to cheer dour Brit Andy Murray to victory. Wimbledon is the largest annual sporting catering operation in Europe. Whether you’re just coming for the finals or staying for [...]
Bank of England says inflation expectations picked up in May June 5, 2015 INFLATION expectations over the coming year rose to 2.2 per cent in May, from a 13-year low of 1.9 per cent in February, according to a closely-watched survey released yesterday by the Bank of England. Additionally, expectations over the next two years rose to 2.3 per cent from 2.1 percent, and were unchanged at 2.8 [...]
Morrisons is the only big four grocer “currently on right track”, says Nielsen June 5, 2015 Morrisons waits for good news for months and then three come along at once. The supermarket – which has, until now, been one of the more unloved – has already had one set of figures prove it's the only one of the big four in growth, which in turn prompted a share price rally, [...]
Bank of England says inflation expectations rose in May June 5, 2015 Inflation expectations over the coming year rose to 2.2 per cent in May, from a 13-year low of 1.9 per cent in February, according to a closely-watched survey released today by the Bank of England. Additionally, expectations over the next two years rose to 2.3 per cent from 2.1 percent, and were unchanged at 2.8 [...]
From Field Day to the Chelsea Fringe, the best of summertime in London June 4, 2015 The summer season is finally upon us! This means music festivals, rooftop drinking and lounging around in the park. Don’t wait for the weather to arrive, take advantage of all the adventures you can have outdoors this weekend Field Day Saturday and Sunday, Victoria Park, fielddayfestivals.com This may have been Field Day’s [...]
Germany keeps jobless numbers down in May June 2, 2015 GERMANY’S unemployment rate stayed at a record low last month, indicating that private consumption will propel growth in the country’s economy this year. Data from the German labour office showed the number of people out of work decreased by 6,000 on a seasonally adjusted basis to 2.786m. Meanwhile, the Eurozone returned to inflation in May [...]
Shops most upbeat for 27 years May 26, 2015 RETAIL sales are picking up sharply, a study from the Confederation of British Industry (CBI) showed yesterday, with firms’ expectations for next month at their highest level in 27 years. Orders to suppliers rose at their fastest pace since December 2010 in May, while sales are well above average for the time of year – the [...]
UK retail sales smash expectations rising 4.7 per cent year-on-year May 21, 2015 The retail sector smashed expectations as warm weather encouraged shoppers on to high streets across the UK last month. Retail sales volumes (excluding fuel) were up 4.7 per cent year-on-year, gaining 1.2 per cent from March, beating economist expectations of 3.7 per cent and 0.4 per cent. This was driven by textiles, clothing and footwear, [...]