Fresh London Overground strikes to pile on more misery for commuters January 30, 2024 London Overground workers have announced new strike action in the ongoing dispute over pay, piling yet more misery on commuters.
Mortgage approvals hit six month high in fresh boost for house buyers January 30, 2024 Mortgage approvals rose again last month and climbed to the highest level in six months, in the latest signal that lower borrowing costs are helping aid recovery in the property market. New figures from the Bank of England show the number of buyers receiving a green light grew from 49,300 in November to 50,500 in [...]
Speedy Hire warns on profits despite ‘resilient’ performance January 30, 2024 Speedy Hire has issued a profit warning despite it performing "resiliently in the face of cost inflation and macroeconomic uncertainty"
Pets at Home issues profit warning after retail sales fail to grow as predicted January 30, 2024 Pets at Home has warned its profits will not be as high as previously forecast after its retail sales faulted.
Shop price inflation drops as supermarkets slash costs January 30, 2024 Shop price inflation fell to its lowest level since May 2022, helped by supermarkets continually slashing their prices.
High interest rates hurt but they might just be the medicine UK productivity sorely needs January 30, 2024 A post Global Financial Crisis policy of zero interest rates has facilitated investments which deliver poor returns, writes James Sproule Productivity is often seen as the key for sustainable growth. But it is hardly a secret that Britain’s productivity is stuck in the doldrums – and has been so since the Global Financial Crisis (GFC) [...]
Moving markets: Five things shaping the FTSE 100 today January 30, 2024 Asian stocks stand firm in the wake of Wall Street's record highs, while oil prices surge amidst escalating Middle East tensions, shifting investor attention towards the Federal Reserve, Bank of England, and Q4 tech earnings.
London is a top global financial centre – but let’s not get complacent January 29, 2024 London may currently hold the top position in global finance hub ratings, but solid policy and reforms are urgently required, writes Chris Hayward
London house prices: Best time to buy since 2016, experts say, but it won’t last January 29, 2024 House prices in London are more affordable but the capital has been warned not to “get carried away” amid a frenzy of mortgage rates cuts.
Bank of England to leave interest rates on hold as UK economy teeters on brink of recession January 29, 2024 The Bank of England will likely leave interest rates on hold for the fourth time in a row when it meets on Thursday this week, economists have said, as the UK economy teeters on the brink of recession.