Firms set to hike prices, reduce pay and cut staff, Bank of England survey shows December 5, 2024 More than half of firms surveyed by the Bank of England expect to raise prices in response to the Budget.
Ed Warner: It’s sports awards season, so here’s my team of the year December 5, 2024 ParalympicsGB are my team of the year – they succeeded where others failed and all without the fanfare they deserved, says Ed Warner. Sports award season is upon us. This of the Year and That of the Year, on red carpets and across multiple platforms with misty eyes and banging showreels. Not a vintage year [...]
Why Brits are backing cash and shunning the stock market December 5, 2024 Brits are sitting on a record amount of cash and shunning the stock market – Elliot Gulliver-Needham looks at why the UK has become a nation of savers. UK cash savings have surged to a record £2.1 trillion this month, up more than £51bn since the start of 2024, according to new data from Janus [...]
Premier Sports boss on Champions Cup, 24/7 rugby channel and rights December 5, 2024 Ahead of the Investec Champions Cup, City AM sat down with Richard Sweeney of Premier Sports as the broadcaster takes on European rugby’s rights. When the Champions Cup TV deal between TNT Sports and European Professional Club Rugby (EPCR) came to an end, many assumed a copy-and-paste agreement would see the partnership continue. But the [...]
Mark Kleinman: Tucker’s luck could mean handing over HSBC reins during a trade war December 5, 2024 Mark Kleinman is Sky News’ City Editor and is the man who gets the Square Mile talking in his weekly City AM column. This week he tackles HSBC’s chair changeover, the FCA’s recent climbdown, and a mighty job at Mitie. Tucker’s luck could mean handing over HSBC reins during a trade war Just as one swallow doesn’t make [...]
Bank of England: Andrew Bailey names ‘biggest issue’ after Budget tax hikes December 4, 2024 "How companies balance the mixture of prices, wages, the level of employment, what is taken on margin, is an important judgement for us," he said.
Public spending to ‘boost growth’ next year, but inflation also set to spike December 4, 2024 In its latest economic outlook, the Organisation for Economic Co-operation and Development (OECD) projected that growth would pick up to 1.7 per cent in 2025.
New labour force survey could be delayed to 2027 amid falling participation December 3, 2024 Since the pandemic, the ONS has struggled with falling response rates to its flagship labour force survey (LFS), which has raised questions over the accuracy of its data.
French budget crisis show fiscal fears are rising back up the agenda December 3, 2024 The mounting budget crisis in France looks set to revive the spectre of sovereign debt levels.
House prices rise at fastest rate in two years – Nationwide December 2, 2024 New figures from Nationwide show that house prices rose by 3.7 per cent year-on-year last month, up from 2.4 per cent the month before.