Labour has secured a resounding win – now the real challenges start July 10, 2024 As the now-Prime Minister and his advisors will be painfully aware, if he wants to secure a successful first term, the time to act is now.
Business confidence rises to highest level in two years but concerns over costs remain July 10, 2024 "These figures suggest that businesses shrugged off any distraction caused by the general election, as lower inflation and stronger expected sales growth drove an encouraging uptick in confidence in the second quarter," Suren Thiru, ICAEW economics director, said.
FTSE 100 today: London markets set to open higher ahead of BOE’s Pill and Mann speeches July 10, 2024 Asian markets are mixed as investors digest inflation reports from China and Japan. Attention is now on speeches by Fed and BOE policymakers.
China’s CPI inflation at three-month low in June, spurring economic stimulus talks July 10, 2024 China's consumer price inflation slowed to a three-month low in June, while producer prices remained in deflationary territory.
Fed’s Powell: Commercial property stress may last years July 9, 2024 The weakness in the commercial property sector may last years, Federal Reserve chair Jerome Powell has warned.
Reeves will be more hands on with the economy than the last Chancellor July 9, 2024 Reeves's endorsement for adopting an industrial strategy is a radical break from the past, Chris Dorrell writes
John Deere’s UK profit triples as sales soar by almost £100m July 9, 2024 The UK arm of John Deere tractors has almost tripled its profit as demand soared for its iconic green farm machinery, according to newly-filed documents.
Homebuilder Vistry boosts output target as cost inflation softens July 9, 2024 Vistry announces strong first-half results
Thames Water books £200m dividend bill as cash reserves dwindle July 9, 2024 In its annual results, the embattled water company confirmed that its liquidity at the end of June was £1.8bn, "sufficient to found our operations for the next 11 months".
Dreary summer pushes consumer spending to three-year low July 9, 2024 The Barclays report found it was also not enough to keep footie fans away from the pubs, bars and clubs, which saw "modest" year-on-year growth in June, up 0.5 per cent.