Nightmare before Christmas? Nearly 4,500 UK retailers are in ‘critical financial distress’ December 21, 2023 Nearly 4,500 UK retailers are in “critical financial distress” during the sector's ‘Golden quarter’ due to weak Christmas sales performances.
Inflation falls to 3.9 per cent as lower food and petrol prices ease pressure on Bank of England December 20, 2023 The data comes amid continuing debate about when the Bank of England will start cutting interest rates.
US inflation: Consumer prices unexpectedly rise in November as Fed likely to hold rates December 12, 2023 Core prices, excluding volatile items like food and energy costs, also came in line with economists' expectations, rising four on an annual basis.
Bank of England, Federal Reserve and ECB expected to keep interest rates on hold this week December 11, 2023 The Bank of England will likely hold interest rates for the third time in a row on Thursday, according to economists.
Square Mile and Me: Harry Hyman on building Primary Health Properties – and his love for the opera December 7, 2023 Harry Hyman, CEO of Primary Health Properties, tells us about his career, opera and working with his family.
Saudi-owned Champions League, obesity crisis and EU wealth tax: Danish bank’s ‘outrageous’ 2024 predictions December 5, 2023 Saxo Bank has published the latest in an annual series of "outrageous predictions" for next year, including a global Champions League owned by Saudi Arabia, a health crisis triggered by obesity drugs and a two per cent EU wealth tax.
Brits to cough up an £100 extra on festive treats this Christmas December 5, 2023 Cash-conscious Brits are loosening their purse strings in the run-up to Christmas as they prepare to spend an extra £100 on festive food and activities.
Eurozone inflation slumps raising the prospect of rate cuts November 30, 2023 Core inflation - which strips out volatile components like food and energy - dropped from 4.2 per cent to 3.6 per cent.
Mitchells & Butlers: All Bar One owner toasts ‘record year’ despite battling high costs November 30, 2023 All Bar One owner Mitchells and Butlers (M&B) said that like for like sales grew to a record 9.1 per cent during the full year, as the chain toasts a strong performance. The no frills dining and pub chain, which also owns Toby Carvery, said that adjusted operating profit increased by 17.6 per cent, despite [...]
Supermarkets in focus of new CMA probe claiming loyalty schemes push up inflation November 29, 2023 It made the announcement following its latest findings from a two-year ongoing investigation of the groceries sector, and its impact on competition and inflationary pressures.