Minimum service level strike laws to be extended November 7, 2023 Laws designed to provide a minimum level of cover during strikes have been extended to ambulance, rail, and Border Force staff.
Pound climbs on hopes of US rate cuts – but further progress looks unlikely November 6, 2023 Sterling has recorded a strong start to November as traders grow increasingly confident that the US Federal Reserve has reached the peak of its rate hiking cycle.
Concerns over shortages keep oil prices high as Saudi Arabia and Russia stand firm on supply cuts November 6, 2023 Saudi Arabia will be responsible for additional voluntary cuts of one million barrels per day — while Russia has slashed roughly 300,000 barrels per day from its output.
Five things to look out for in Hunt’s Autumn statement November 6, 2023 Theoretically, tax cuts are possible. Thanks to fiscal drag, the public finances are in better shape than most had expected.
Hunt must ignore illusory fiscal windfall in Autumn statement, think tank urges November 6, 2023 James Smith, research director at the Resolution Foundation, said Britain’s bout of high inflation is "flattering the public finances, with higher pay growth feeding through into higher tax revenues."
New UK growth figures to ‘mark the start of a mild recession’ November 6, 2023 New figures out on Friday are expected to show that the economy contracted in the third quarter, raising the possibility that the UK is already in a recession.
Mortgage rates are dropping — could they ‘continue to edge downwards’? November 6, 2023 A managing partner at Knight Frank Finance said the below five per cent mortgage rates would help improve property market sentiment
Mortgage growth set to reach decade low as high rates drive down demand November 6, 2023 The EY Item Club predicted that net mortgage loans would grow 1.5 per cent in 2023 and two per cent in 2024, representing the lowest two-year growth in a decade.
The Notebook: Jo Streeten goes back to her old university November 6, 2023 The notebook is a place for interesting people to say interesting things. Today, it’s the turn of Jo Streeten, managing director at AECOM.
Sluggish growth is the price we will pay for halving inflation November 6, 2023 Karl Otto Pöhl, the former President of the Bundesbank put it best: “Inflation is like toothpaste. Once it’s out you can hardly get it back in again.”