Pimco boss: UK risks ‘hard landing’ as consumers feel the pinch from higher rates December 19, 2023 UK faces a "higher probability of more significant economic deterioration" than US
‘Too little, too late’: Council funding to rise by £4bn December 19, 2023 Funding for English councils will rise by 6.5 per cent - or £4bn - but authorities say the cash fails to address the “severe problems” facing local government.
Britain’s farms must clean up their act, but they need more help December 19, 2023 It may not be glamorous, but cleaning up our farms - while supporting our farmers - is imperative for our climate goals, writes Adam Hawksbee
Frasers Group: I Saw It First faces court battle with Turkish supplier after £1 deal December 18, 2023 I Saw It First, the British fast-fashion company backed by Mike Ashley’s Frasers Group, is being dragged to court over a legal battle with a Turkish textile firm. Fabulous Textiles has instructed small UK law firm Blackstone Solicitors to file a claim against the online retailer which shot to stardom thanks to collaborations with Love [...]
Rise in living wage spells further misery for retailers, businesses warn December 18, 2023 Hollywood Bowl boss brands pay increase as 'unexpected hit'
‘Further evidence’ needed to show wage growth is falling, Bank’s Broadbent warns December 18, 2023 The Bank of England needs "further evidence" that wage growth was decisively cooling before cutting interest rates, a member of the Monetary Policy Committee (MPC) said today.
UK needs to ‘get its mojo back’ as another forecaster warns of slow growth December 18, 2023 "While the UK economy is resilient, it needs to get its mojo back," Yael Selfin, chief economist at KPMG UK, said.
Why Goldman Sachs predict ‘earlier and more aggressive’ interest rate cuts from central banks December 18, 2023 Goldman Sachs expects "earlier and more aggressive rate cuts" from central banks after a significant fall in inflation over recent months.
Renewable infrastructure investment trusts are facing a perfect storm, but what’s next for the sector? December 18, 2023 Green stocks are still out of fashion - but they’re vital to Britain’s net zero ambitions comments City A.M.'s energy editor Rhodri Morgan.
Sainsbury’s boss: Brits don’t have time to bargain hunt with rivals December 17, 2023 The chief executive of Sainsbury’s has said that customers are shunning the likes of Aldi and Lidl in favour of ‘Big Four’ grocers, as a return to the office and a resulting lack of time has left them unable to shop around for deals. In an interview with The Telegraph, Simon Roberts said that the [...]