Nadine Dorries plays hard ball tactics with the big freeze of the BBC licence January 18, 2022 When Culture Secretary Nadine Dorries tweeted over the weekend that the next announcement about the BBC licence fee would be the last, social media erupted and a ticking time bomb was set off.
UK unemployment drops by 184,000 as number of Brits on payroll nears 30m January 18, 2022 The UK unemployment rate dropped from 4.5 per cent to 4.1 per cent between September and November 2021, according to ONS data.
Inflation to near 30-year high as Brits prepare to tighten their belts January 17, 2022 The cost of living in Britain will swell to its highest level in nearly three decades, some of the City’s leading economists warned today. Soaring energy bills, compounded by a sharp rise in the price of second-hand cars and petrol costs, will drive inflation to 5.3 per cent, according to Sanjay Raja, Deutsche Bank’s senior [...]
The City View: January 17: Credit Suisse and the BBC January 17, 2022 In this episode, Andy Silvester discusses the latest scandal at Credit Suisse, proposed changes at the BBC and a week’s worth of inflation data.
Dorries hits out at ‘London-centric’ BBC as she confirms licence fee freeze January 17, 2022 Nadine Dorries has hit out at the BBC for being stuck in a “London bubble” and mired in “impartiality” as she confirms the yearly licence fee cost will be frozen for two years. The culture secretary said she would launch a review into changing the licence fee funding model, a popular cause among rank and [...]
Gold glints with opportunity as Federal Reserve mulls interest rate hike to combat rising inflation January 17, 2022 Impending increases in US interest rates could power gold’s performance over the coming weeks according to market analysts, with prices currently treading water at just over $1,820 per ounce.
What should you look out for ahead of Q4 US earnings season? January 17, 2022 US reporting season US earnings season started the week beginning the 10th of January, 2022 and will stretch until the middle of February. What are profits looking like? The S&P 500 is tipped by analysts to deliver another robust quarter of earnings growth. According to financial data company FactSet, the market ought to deliver earnings growth of [...]
How could you invest to beat inflation? January 17, 2022 With rising inflation, many are starting to see how investing their money can lead to better returns. On New Year’s Day, many kickstart January with a New Year’s resolution. Some give up chocolate, while others exercise more. A few take up a new hobby. But a handful resolve to spend less and save more money. [...]
Manufacturing deals rocket as businesses lock in wages amid inflation January 17, 2022 Pay settlements of up to 14 per cent have been agreed with manufacturers, as business and investors gear up for fresh inflation figures, with prices rising at more than double the Bank of England’s target rate.
Taylor Wimpey’s order book hits £2.5bn amid strong demand for homes January 17, 2022 Home builder Taylor Wimpey ended the 2021 financial year in a strong position with an order book valued at £2.5bn.