ABP: Port operator slips back into the red as economic uncertainty dents finances July 3, 2024 Associated British Ports (ABP) slumped back into the red after "ongoing uncertainty" in the global economy took a toll on its finances.
UK economy ‘not as bad as is often assumed’ July 3, 2024 Although the UK slipped into a shallow recession at the end of last year, the economy outperformed expectations in the first quarter of the year, growing 0.7 per cent. This made it the fastest growing economy in the G7.
Election uncertainty knocks activity in service sector July 3, 2024 Despite the fall, June's final PMI was higher than the 51.2 recorded in the initial 'flash' estimate
Topps Tiles’ sales continue to fall as homeowners steer clear of ‘big ticket’ DIY July 3, 2024 The London-listed Topps Tiles Group has seen sales drop year-on-year as it says demand for big-ticket home projects remains low amid a "challenging" macroenvironment.
Labour’s plan for growth has a renewed partnership with business at its heart July 3, 2024 The shadow city minister says Labour recognises that our financial services industry, both in London and across the country, is one of Britain’s greatest assets and will be key to returning the country to growth Tomorrow the British people will go to the polls, faced with a clear choice. Five more years of low growth, [...]
FTSE 100 today: London markets to open higher on rate cut wagers July 3, 2024 Asian stocks surged on rate cut expectations, with the yen near 38-year lows. Focus on Fed minutes, ISM services PMI, and UK elections.
Merck Mercuriadis to step down as chair of Hipgnosis Song Management July 2, 2024 Merck Mercuriadis is to step down as chair of Blackstone-owned Hipgnosis Song Management (HSM) as the private equity giant vies to acquire the music catalogue it manages.
Central banks keep markets guessing on path of interest rates July 2, 2024 Investors looking for clear guidance on the path of interest rates received few firm commitments from top central bankers on Tuesday.
Gü sold fewer puddings after supermarkets bring in new rules on high sugar items July 2, 2024 Gü sold fewer puddings after raising its prices as UK supermarkets brought in new rules about where high fat and sugar products could be placed in stores.
What the next government needs to do to kickstart the economy July 2, 2024 There's a startling degree of consensus on the economic challenges facing the next government, but that does not make them any easier to solve.