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
Gold prices tumble as fears of market volatility ease November 7, 2023 The price of the precious metal has fallen with the US Fed sending signals that it has finished raising rates
Patisserie Valerie former senior leaders trial set for March 2026 over conspiring charges November 7, 2023 Former senior leaders of Patisserie Valerie's criminal trial set for 2 March 2026 as arraignment was pushed back to next April.
Falling in time for Christmas: Grocery inflation down to single digits for the first time in 16 months November 7, 2023 Despite the milestone, consumers are only seeing year-on-year price falls in a limited number of categories, including butter, dried pasta and milk.
FTSE 100 close: Gilt yields fall and sterling dips after Pill’s rate cut comments November 7, 2023 The biggest riser on the top index was Primark owner Associated British Foods, which reported revenues up by almost £20bn
ABF: Rita Ora collaboration helps Primark owner’s revenues hit almost £20bn November 7, 2023 Primark owner Associated British Foods (ABF) has continued to rake in hefty profits despite the cost of living crisis, with group revenue for the full year rising 16 per cent to £19.7bn. The owner of the budget fashion brand said that revenues at its retail arm rose 17 per cent to £9bn as customers flocked [...]
State of the City: Is red tape holding back the Square Mile? November 7, 2023 Regulators and officials have been hoping to boost London's appeal on the global stage - but it has been a bruising year for the City.
Moving markets: Five things shaping the FTSE 100 today November 7, 2023 Aussie bank hike, Chinese exports fall and central bankers opine on rates: What's moving markets and the FTSE 100 today