Tories weighing stamp duty change in Autumn statement April 20, 2024 The Chancellor is reported to be considering cutting stamp duty in a final autumn statement before the next general election.
Lloyds, HSBC, Barclays and Natwest set to report lower profits – but doubts over rate cuts could lift lenders April 20, 2024 The UK's biggest banks are set to report lower profits and narrower margins in the coming weeks as the interest rate tailwind which pushed their earnings to a record high last year dies down.
The week that was: London woes, hedge funds short on water, and confusing jobs data April 20, 2024 Confusing inflation data, further tribulations for water firms and yet more woes for the London Stock Exchange, we review another busy week in the City.
Bank of England rate-setter Ramsden ‘more confident’ inflation pressures receding April 19, 2024 Dave Ramsden, one of the nine Monetary Policy Committee (MPC) members, told an audience in Washington that he was now "more confident" that inflationary pressures were receding.
Answer to Britain’s housing crisis? Labour announces plan to build on ‘grey belt’ land April 19, 2024 Labour have set out plans for a housebuilding drive on so-called ‘grey belt’ land in an effort to address the housing crisis.
Diesel slips into red as challenging conditions slow growth at fashion brand’s UK arm April 19, 2024 The UK arm of fashion brand Diesel slipped into the red in 2023 as the challenging economic conditions impacted its finances.
Bank of England left with tough choice on interest rate after week of fresh data April 19, 2024 Most of this week has been dominated by discussions about when the Bank of England will start cutting interest rates.
Markets react: Oil and gold prices rise after Israeli missiles hit Iran April 19, 2024 The spike in oil prices came after US officials said Israel launched missile strikes on Iran in response to the Iranian drone strikes launched over the weekend.
Retail sales stagnant in March despite improving prospects for UK economy April 19, 2024 A survey from Deloitte, released today, showed that consumer confidence had reached its highest level in two years.
Consumer confidence hits highest level in two years as UK ‘turns a corner’ April 19, 2024 "The revival in consumer confidence speaks to a wider story of an economy that has turned the corner," Ian Stewart said.