Haleon posts profit bump on back of power brands August 1, 2024 Consumer healthcare company Haleon has reported mid-single-digit growth amid strong demand for its power brands despite a soft market.
House price growth accelerates ahead of potential interest rate cut August 1, 2024 UK house price growth has accelerated in the past month as buyer confidence picked up and mortgage rates fell ahead of a potential interest rate cut by the Bank of England. UK house prices rose by 0.3 per cent month on month in July, Nationwide reported in their monthly house price index. The annual growth [...]
Fed holds interest rates for eighth straight but signals cuts are coming July 31, 2024 The Fed voted to leave interest rates on hold for the eighth consecutive meeting and did not give any clear sign that rate cuts were on the way.
Eurozone inflation rises unexpectedly but September rate cut still on July 31, 2024 Figures released today showed that prices rose 2.6 per cent in July, ahead of the 2.5 per cent expected by economists.
HSBC unveils another £2.3bn buyback in CEO Quinn’s last results July 31, 2024 HSBC announced yet another share buyback scheme and upped its guidance for the remainder of the year after beating expectations in the second quarter.
Business confidence rebounds to eight year high following dip in June July 31, 2024 Business confidence rebounded sharply in July, a survey revealed, as firms felt a renewed sense of optimism about the UK’s economic prospects. Overall business confidence jumped by nine points to 50 per cent this month, according to Lloyds’ Business Barometer. The rebound in confidence during July brought business confidence back up to May’s level, which [...]
Labour will drive away wealth creators July 31, 2024 Labour have talked a good game on growth, but all their early actions seem precision calculated to deter investors, says James Price I’m not sure if Rachel Reeves is a fan of musical theatre, but going into her economic statement on Monday, she would have done well to heed the words of George Washington in [...]
The real ‘black hole’ in the public finances is the debt July 31, 2024 The Chancellor is right, the public deserve to know just how bad the economy is – so she should be honest about the millions of pounds a day that are added to the national debt, says John O’Connell Reeves’ tone was one of righteous fury on Monday as she bellowed at the opposite benches for [...]
Yellow fever: Central banks and private investors keep demand for gold buoyant July 30, 2024 Private investors and consistent demand from central banks where the two dominant behind the second quarter's consecutive all-time highs in the gold price an industry report has found.
Why the Bank of England will cut interest rates on Thursday July 30, 2024 For the first time in months, there is genuine uncertainty about whether the Bank of England will cut or hold interest rates. But signs are pointing towards a cut, Chris Dorrell argues