US inflation comes in below expectations as prices remain flat in May June 12, 2024 The figures come ahead of the US Federal Reserve's latest interest rate decision, due this evening.
Old Vic Theatre: £20m needed to keep historic London venue running ‘a challenge’ June 12, 2024 The Old Vic Theatre said it faces a challenge to raise the more than £20m needed to keep its historic Waterloo home in working order, as it battles to create a financial model robust enough - despite the success of its record breaking musical Groundhog Day.
April GDP figures show scale of the challenge if Starmer wins the election June 12, 2024 Philip Shaw, chief UK economist at Investec, said "April’s numbers represent a blip in the recovery story rather than the start of a new downturn".
Spirits trade has tough year in 2023 according to AIM-listed Distil June 12, 2024 Despite the difficult environment, turnover at the firm increased 15 per cent year-on-year to £1.5m with Goulding pointing to a "continued expansion" of its brands in the UK on-trade.
DFS Furniture: Sofa retailer issues second profit warning as Red Sea disruption takes toll June 12, 2024 Sofa retailer DFS Furniture has issued its second profit warning this year in the face of tricky Red Sea disruptions and weak consumer spend.
Economy stagnant in April thanks to wet weather as recovery falters June 12, 2024 Getting the economy firing again is a crucial election pledge for both Keir Starmer and Rishi Sunak.
Neither party is being honest about tax rises June 12, 2024 Promises not to raise headline rates are designed to distract from the fact inflation is dragging millions of people into paying more. But history tells us that candour never pays on the campaign trail, says Will Cooling You may not know it from the campaign, but if there is one thing that everyone agrees on, [...]
FTSE 100 today: London markets eye UK GDP for direction; US Fed policy decision key June 12, 2024 Asian markets hold steady despite Wall Street's record highs. Apple shares surge. All eyes on UK GDP, Fed rate decision, and US inflation.
China’s consumer inflation steady, factory prices dip in May June 12, 2024 China's consumer inflation remained stable in May, while the decline in producer prices showed signs of easing.
Number of borrowers behind on mortgages jumps to eight-year high June 11, 2024 Households are continuing to feel the strain from the Bank of England's interest rate hikes with the share of mortgages in arrears continuing to creep up.