Inflation drops below five per cent in boost for Bank of England and Sunak November 15, 2023 Although the Bank of England has left interest rates on hold for two consecutive meetings, members of the MPC have been warning that more needs to be done to tackle inflation.
Can National Express owner Mobico turn its fortunes around? November 15, 2023 Transport operator Mobico’s share price has reached all-time lows this year. Can it turn its fortunes around?
The Notebook: Michael Martins on how UK PLC can prepare for a second Trump presidency November 14, 2023 Michael Martins, former US Embassy London political and economic specialist, talks Trump's America, AI's culture problem and his best book of the year.
Sterling surges to highest level since mid-September as US inflation falls faster than expected November 14, 2023 The pound jumped higher on Tuesday afternoon after new figures showed that US inflation fell faster than expected in October making further rate hikes in the US unlikely.
Five common sense things for the ‘common sense’ minister November 14, 2023 As Esther McVey assumes the role of 'minister for common sense', we look at five pressing issues for her in-tray.
Home working ‘slowing down’ all UK infrastructure projects, watchdog warns November 14, 2023 Working from home is "slowing down all infrastructure projects" in the UK, a key industry figure warned today.
Sunak hails ‘united team’ as new cabinet meets for first time November 14, 2023 Prime Minister Rishi Sunak has hailed his “strong and united team” as his new-look cabinet featuring Lord David Cameron met for the first time this morning after a dramatic reshuffle.
Insolvencies jump 18 per cent in October as high rates squeeze firms November 14, 2023 The number of firms going bust in England and Wales has jumped yet again as the higher-for-longer interest rate environment continues to put pressure on businesses and consumers.
FTSE 100 close: Midcap index storms up nearly 3.5 per cent and pound surges after US inflation data November 14, 2023 London's FTSE 100 was flat in early trading on Tuesday as investors mulled fresh jobs data showing higher-than-expected wage growth.
As wage growth passes its peak experts are divided on the Bank of England’s next move November 14, 2023 The question is what will happen with wage growth over the coming months. Predictably, economists are divided.