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.
Landsec pins hopes on market improvement next year as City office values decline November 14, 2023 Landsec has said it expects investment activity in the property sector to pick up next year, although transaction volumes currently remain "thin."
Wage growth beats expectations as inflation beds into UK economy November 14, 2023 In its most recent Monetary Policy Report, the Bank of England suggested that unemployment will have to go higher than it previously thought in order to bring down wage growth.
Moving markets: What’s shaping the FTSE 100 today November 14, 2023 Chinese bank loan data and UK jobs numbers will shape much of the FTSE 100 and markets action this morning
Yet another housing minister? It’ll alienate young professionals November 14, 2023 The political churn of ministers is doing nothing to solve the housing crisis, and it's the young who are suffering, writes Henry Hill.
Sunak’s reshuffle is the latest attempt to relaunch Tory politics November 14, 2023 Rishi Sunak's reshuffle was his third attempt to relaunch the Conservative Party, and this time he's also reheating David Cameron's career, writes Will Cooling
FTSE 100 close: Phoenix helps London markets into the green as investors look to key inflation data November 13, 2023 "There is a little more optimism edging in on markets ahead of key inflation data out this week," Susannah Streeter said.
Small pubs at risk of closure next year without business rates relief, Fuller’s boss warns November 13, 2023 The chief executive of Fuller’s, Simon Emeny, has said that an extension on business rates relief could be the difference between some small pub businesses handing back their keys next year or remaining open. Speaking to City A.M, ahead of the autumn budget next Wednesday, the frontman for the near 200 year old pub business, urged [...]