Interest rates: Will Bank of England hike or hold after inflation surprise? September 20, 2023 Inflation saw a surprise fall in August, complicating the Bank of England's decision to hike or hold interest rates
Dunelm: ‘Value’ offer leads to record revenue amid cost of living crunch September 20, 2023 Dunelm posted record sales of £1.64bn, in its preliminary results, rising up 5.5 per cent from last year's figures, as the homeware retailer was bolstered by cost reductions.
Surprise fall in inflation leaves Bank of England rates decision on knife-edge September 20, 2023 Inflation fell unexpectedly in August as falling food inflation helped offset rising energy costs, official data out today shows. According to figures from the Office for National Statistics (ONS) the consumer price index (CPI) came in at 6.7 per cent in August, down marginally from 6.8 per cent in July and lower than the roughly [...]
Pay growth slows again even as public sector awards hit record annual levels September 20, 2023 "This month’s data reinforces the XpertHR view that we have reached the peak of higher pay awards, and for the remainder of the year we can expect settlements and increases in pay to slowly begin to fall," Sheila Attwood, XpertHR senior content manager, said.
The Notebook: Neil Bennett on why the ONS needs a shake-up, why the CBI’s future is shaky once more, and a new history of the Barclay Brothers September 20, 2023 The ONS is in need of a shake-up When I became a CEO some 13 years ago, I was taught one rule very quickly; hit your forecasts. Boards and bosses can be quite forgiving on many fronts, but if you don’t deliver the numbers without a really good reason, it quickly becomes a career terminating [...]
Bitcoin halving countdown is on – will crypto prices rise? September 19, 2023 Crypto investors will likely be quietly celebrating in anticipation as the run-up to the Bitcoin halving approaches, believes Nigel Green.
Oil prices climbs above $95 per barrel as weak US output worsens supply woes September 19, 2023 Oil prices are within touching distance of the $100 milestone, after underwhelming levels of shale production in the US.
Uefa says Paris Saint-Germain are not under investigation over sales to Qatari clubs September 19, 2023 Uefa says it is not currently investigating Paris Saint-Germain over the sale of three first-team players to Qatari clubs.
H&M follows Next, Zara and Boohoo to charge shoppers for online returns September 19, 2023 H&M has become the latest retailer to charge shoppers to return their online shopping purchases. Customers will now be asked to pay £1.99 when they want to take back purchases they made on the H&M website, according to reports in BBC. The retailer told the outlet it introduced the scheme during the summer. Fellow high [...]
Eurozone inflation revised slightly down – but it’s still twice the ECB’s target September 19, 2023 Eurozone consumer inflation in August was slightly lower than initially estimated, the European Union’s statistics office Eurostat said on Tuesday, but still remained more than twice the European Central Bank’s target. Eurostat said inflation in the 20 countries sharing the euro was 0.5 per cent month-on-month in August and 5.2 per cent year-on-year, lower than [...]