January’s inflation data ‘encouraging’ and strong pay figures not unduly concerning, Bailey says February 14, 2024 Speaking in the House of Lords' Economic Affairs Committee, Bailey admitted that the figures, published this morning, were "good news".
Why inflation staying stuck at four per cent is actually good news February 14, 2024 The fact that the headline rate of inflation remained steady in January despite these increases points to stronger than anticipated disinflationary pressures elsewhere.
Inflation comes in below expectations at four per cent thanks to falling food prices February 14, 2024 Markets expect the Bank of England to start cutting interest rates in June with three rate cuts expected over the course of the year.
US inflation comes in ahead of expectations on higher housing costs February 13, 2024 US inflation came in ahead of expectations in January due to elevated housing costs, making it more likely that the US Federal Reserve will wait until the summer to start cutting interest rates. Figures from the Bureau of Labor Statistics showed the consumer price index (CPI) picked up to 0.3 per cent month-on-month in January. Economists had [...]
Zizzi and Ask Italian owner Azzurri heralds strong year as it keeps building after Covid February 12, 2024 Hospitality investment firm behind popular eateries such as Zizzi, ASK and Coco reported strong revenue growth last year as it looks to build on new brands.
Business failures are at a 30-year high – but are we past the peak? February 10, 2024 Insolvencies are at their highest rate since 1993, but what does the future look like for small and microbusinesses, asks David Fleming
Prices in China fall at fastest rate since 2009 as risk of persistent deflation looms February 8, 2024 Plummeting food prices were the main drag on inflation, with prices falling 5.9 per cent year-on-year. Pork prices fell over 17 per cent.
Brits stayed at home to watch The Traitors during Dry January in blow for pubs February 6, 2024 Restaurants were hit harder with spending declining 11.6 per cent widening from 8.8 per cent on a month on month basis.
London named entrepreneurship capital with half of power list based in the big smoke February 6, 2024 London has been named home to over half of the UK’s newly-revealed leading young entrepreneurs to watch out for. Of the 188 young business founders making up entrepreneurial research platform Hurun UK’s Under30s and Under35s lists, 116 have their ventures based in the capital. Rupert Hoogewerf, Hurun Report chairman and chief researcher, said the research [...]
European inflation edges down to 2.8 per cent as ECB rate cut speculation mounts February 1, 2024 Euro area inflation fell to 2.8 per cent in January, down from 2.9 per cent in December, as markets speculate when the European Central Bank will begin to cut interest rates The data came after a sharp uptick for the continent in December, when inflation rose from 2.4 per cent from November to 2.9 per [...]