Shop price inflation drops to lowest level since October 2021 as retailers slash prices on TVs July 2, 2024 Retailers slashing prices on TVs to capitalise on the Euros helped push shop price inflation to its lowest level since October 2021.
FTSE 100 today: London markets to open lower on weak Asian cues, focus on elections July 2, 2024 Asian markets mixed amid Trump re-election speculation, yen near 38-year low; Eyes on French election deadline and US Jolts.
Banks, homebuilders and retailers in focus as London markets brace for Labour election victory June 30, 2024 The UK general election is in focus this week as investors brace for a widely expected Labour landslide that could share price moves across the FTSE 100.
Danish Crown’s UK arm brings home the bacon as China turns its back on EU pork June 28, 2024 The UK arm of bacon producer Danish Crown has seen its revenue soar after a shortage of pigs in Europe pushed the price of pork to an all-time high.
FTSE 100 today: London markets to trade cautiously ahead of US PCE inflation June 28, 2024 Asian stocks rose ahead of US inflation data; the yen fell to 161/$, London markets eye UK Q1 GDP for direction.
Lunchtime favourite Island Poke sold out of administration June 27, 2024 London-based Hawaiian food chain Island Poke has been sold in a pre-pack administration to a subsidiary of hospitality incubator White Rabbit Fun
Weetabix: Shoppers switching to supermarket own brand squeezes profit June 25, 2024 Shoppers switching to supermarket own brand cereals has squeezed Weetabix's profit despite its sales edging up, according to newly-filed documents.
Yen on brink of breaching ‘psychological barrier’ as Bank of Japan poised to intervene June 24, 2024 The Japanese yen is at risk of passing the psychological barrier of 160 per dollar as markets prepare for the country's central bank to intervene in an effect to prop up the currency, as it has in the past.
Week ahead: US inflation data could bolster case for Fed rate cut in September June 23, 2024 The US Federal Reserve's preferred measure of inflation is expected to show its coolest monthly reading since late 2023, offering hope that policymakers could start lowering interest rates in September.
Retail sales blow past expectations in sign UK economy is on the turn June 21, 2024 UK retail sales rebounded last month, according to fresh data, after a rainy April saw a slump in high street spending.