UK set for stubborn inflation and slow growth, OECD warns September 19, 2023 Inflation in the UK will be higher than previously expected next year while growth will be lower, according to cheerful new forecasts from the Organisation for Economic Co-operation and Development (OECD).
FTSE 100 close: Strong results from Hargreaves Lansdown and Ocado tip index into green September 19, 2023 Strong performances from Hargreaves Lansdown and Ocado helped tip the FTSE 100 into the green despite concerns around inflation.
Till sales surge as retailers boosted by sunny September and back to school deals September 19, 2023 A bout of unusually hot weather in early September helped hike grocery sales at UK supermarkets, with total till sales surging 10.3 per cent in the last four weeks ending 9 September. According to data from NIQ, the figure rose up from 7.2 per cent during the wet July and early August, which deterred shoppers [...]
Naked Wines: Chair apologises after economy corks revenues September 19, 2023 In a letter to shareholders, the chairman of Naked Wines apologised after the online booze supplier reported disappointing full year results. In a trading update the British wine supplier said new customer investment dropped by 48 per cent, while repeat customer contribution stayed roughly flat. Shares dropped ten per cent on Tuesday morning. New sales [...]
Britain’s future cars could help drive home the winner of the next election September 19, 2023 As we gear up for an election, the automotive industry finds itself in a peculiar place. It is not merely a footnote in political discourse - it’s become the headline act of the next election.
We’ve maxed out our credit card of taxes but we still need more cash September 19, 2023 We can't raise taxes, but we need more money to fix our crumbling services.
Stubborn inflation poses risks to financial stability, central bank watchdog warns September 18, 2023 Markets should not fall into the trap of thinking that inflation is decisively on its way down, the Bank of International Settlements has warned.
Liz Truss: Bank of England mandate should be reviewed after inflation failures September 18, 2023 Former Prime Minister Liz Truss reiterated her claim that the Bank of England should have its mandated reviewed due to its failures to get a grip on inflation.
Bitcoin can surely be a beacon of hope in a society seemingly on the brink of collapse September 18, 2023 Susie Violet Ward believes Bitcoin offers not just a glimmer of hope but a tangible solution to the problems that ail our society.
Downing Renewables weighs up more share buybacks as market cap plummets September 18, 2023 DORE has suffered a sharp drop in the overall value of its assets this year, reflecting increasingly challenging economic conditions.