Treasury’s John Glen ‘alarmed’ at tax levels – but won’t support cuts in Autumn Statement November 8, 2023 John Glen has admitted he is “alarmed” at the current level of taxes in the UK but insisted he wouldn’t call for cuts ahead of the Autumn Statement.
Bank of England’s Andrew Bailey ‘optimistic’ that inflation will fall but still ‘too early’ to discuss rate cuts November 8, 2023 Speaking at a conference hosted by the Central Bank of Ireland, Mr Bailey said that Brexit had reduced the openness of the British economy.
JD Wetherspoon: Sales rise but Tim Martin warns of energy bill pain November 8, 2023 JD Wetherspoon said it has plans to invest £70m into its current sites as it looks to revamp staff rooms, changing rooms, glass racks above bars and air conditioning.
Mirror and Express publisher Reach to slash another 450 jobs November 8, 2023 Reach, the publisher of Daily Mirror and Express papers, has said it is axing around 450 full-time jobs as part of a cost-cutting drive.
Tate & Lyle sweetens board with veteran Safestore exec as new chair November 8, 2023 Tate & Lyle has poached a top-level executive at the self-storage giant Safestore to be its new director and board chair.
FTSE 100: What’s moving markets today? November 8, 2023 Moving markets today: U.S. stocks rise, oil prices plummet to 3-month lows, all eyes on Powell and Bailey's speeches
Increasing signs of slack in UK’s labour market as firms report growing pool of workers November 8, 2023 The survey showed that starting salary inflation slipped to a 31-month low, although it remained "sharp".
Boost government investment to break trend of sluggish growth, think tank urges November 8, 2023 The next government should prioritise long term public investment in order to rekindle sluggish economic growth, a leading think tank has said.
“Doom and gloom starting to clear” for the London legal hiring market November 8, 2023 Activity in the legal jobs market is up as new data shows September and October had the most recorded partner moves in a single two-month period. Legal recruitment specialist Edwards Gibson’s new report on law firm partner moves in London recorded 117 partner moves over the two month period. The numbers are 36 per cent [...]
Bank of England has lost the delicate touch monetary policy needs November 8, 2023 After decades of cheap debt, the swing towards high interest rates was a wrecking ball for monetary policy, writes Charles White Thomson