Retailers expect 2015 to be yet another year of falling prices January 6, 2015 Britain’s retailers expect shop prices to continue to fall throughout this year, having dipped during every month of 2014. Together with falling energy costs, lower prices in the UK’s shops would put more downward pressure on inflation. As a consequence, real wages are expected to rise further, and the Bank of England could be tempted [...]
What will happen to the world in 2015? Here are eight great changes that will take place this year January 2, 2015 The last 12 months have left behind a big pile of problems for the world to deal with in 2015. The militant group Islamic State has taken over large swathes of the Middle East and now poses a greater threat to the West than any power since the Soviet Union, while the deadly Ebola virus [...]
The four most shocking things that happened in 2014 December 23, 2014 1. THE RUSSIA SAGA (Source: Getty) Russia flexed its muscles at the beginning of the year, taking the opportunity during the uprising in Ukraine to plant pro-Putin flags in the Crimea region, triggering a string of catastrophic events to unfold. And it’s likely we’re far from seeing the final act of this epic Russian novel play [...]
From Quindell and Gotham City to Uber and the LDTA – five of the biggest business battles to watch out for in 2015 December 22, 2014 Rival camps have banded together, the lines are drawn, battle armour is on and adrenaline is running high. All that's left for spectators to do is grab some popcorn and watch from the ringside. From rival estate agents, to a business targeted by a Batman styled US fund and an influx of tiny new banks [...]
Family finances on the mend December 18, 2014 BRITONS had £11 more to spend per week in November than last year thanks to falling fuel and food prices and wages that have finally started to grow ahead of inflation. According to Asda’s latest income tracker out today, UK households had £179 per week in their pockets, after taxes had been deducted and bills [...]
Inflation set to fall further after reaching 12-year low December 16, 2014 INFLATION in the UK has dropped to its lowest figure for over a decade and economists believe it will decline further still. Inflation fell to one per cent in November as measured by annual growth in the consumer price index, according to figures released yesterday by the Office for National Statistics (ONS). It marks a [...]
As consumer price rises fall to 1 per cent, is subdued inflation a new normal for the UK? December 16, 2014 Samuel Tombs, UK economist at Capital Economics, says Yes. Low inflation is unlikely to be just for Christmas. A combination of lower commodity and import prices, alongside stable energy bills, should mean that consumer price inflation falls to comfortably below 1 per cent in the coming months. And while the impact of these factors is [...]
UK inflation falls to lowest rate since 2002 thanks to plumetting oil prices December 16, 2014 UK inflation fell to its lowest rate since 2002 in November after petrol costs were cut due to plummeting oil prices. The rate of consumer price growth fell to one per cent last month, the lowest rate for 12 years and down from a 1.3 per cent rate in October. Any hopes investors [...]
Rising prices a bigger burden for low earners as inflation hits those spending least December 15, 2014 Households that spend the least and have lower disposable incomes have been hit harder by inflation over the past decade. Households in the lowest 10 per cent of spenders saw prices rise by 3.7 per cent per year on average between January 2003 and October 2014, figures released yesterday by the Office for National Statistics [...]
The rise of the machines? Shape-shifting robot viewers to cost marketers £4bn in fake traffic December 10, 2014 We're pretty used to hearing that robots are going to steal our jobs. But now it turns out that once they've done that, they're going to do exactly what we do anyway: sit around watching online videos. But this is actually a serious problem. Global advertisers stand to lose out on $6.3bn (£4bn) next [...]