Vinyl and CD sales rise as Raye and Miley Cyrus boost UK streaming March 14, 2024 Amid a digital boom, vinyl and CDs are enjoying a renaissance as youngsters embrace the nostalgia-driven trend, according to BPI.
Gilts: Investors aren’t scared of UK’s ballooning deficit – yet March 13, 2024 Surging demand for UK gilts comes even as the Treasury announced plans in the Spring Budget to borrow more than ever from the private sector.
Direct Line rejects ‘highly opportunistic’ raised takeover offer from Ageas March 13, 2024 Direct Line has revealed that it rejected a raised takeover offer from Belgian insurer Ageas earlier this month, calling it "uncertain, unattractive" and "highly opportunistic".
Why the Bank of England will keep interest rates on hold despite lower inflation March 13, 2024 The latest clutch of data is unlikely to change the Bank of England's thinking ahead of its decision on interest rates next week.
Victoria chair puts ‘a lot of noise’ behind him but no ‘immediate’ turnaround March 13, 2024 The exec chairman of carpet giant Victoria acknowledged a "lot of noise" around his company in a trading update this morning, as it attempted to put a fraud warning and cratering revenues behind it.
After strong 2023 Gym Group plans further growth as low-cost fitness market booms March 13, 2024 During the year The Gym Group pushed through price hikes to offset its higher cost base. The firm said the average headline price of a Standard membership increased to £23.16 in December 2023 compared with £21.49 in December 2022.
UK economy takes first steps out of recession as growth returns in January March 13, 2024 The figures will raise hopes that the UK is already moving out of the shallow recession it fell into in the second half of last year.
Will it work? VAT cuts for small businesses March 13, 2024 Where Sam Fowles strips the politics from policies and asks if they solve the problem they’re supposed to. Today, raising the VAT threshold.
Moving markets: Five things shaping the FTSE 100 today March 13, 2024 Amidst Wall Street's historic highs, Asian markets maintained a sense of calm, while oil prices surged and Bitcoin experienced an uptick. Now, attention pivots to the eagerly awaited release of the UK’s GDP figures.
Why markets still think the Fed will cut interest rates in June despite US inflation overshoot March 12, 2024 Looking longer term, there has been little progress on inflation since last summer, when inflation dropped to three per cent. Inflation has remained roughly stable since then.