The jobs market is already in trouble – loading employers with new regulations won’t help September 25, 2024 Jobs postings have declined for the 26th month in a row. This isn't the time to disincentivise hiring, writes Reed CEO James Reed.
UK economy to grow twice as fast as expected says KPMG September 25, 2024 KPMG's latest forecasts suggest the economy is on track to grow 1.0 per cent this year before accelerating slightly to 1.2 per cent next year.
Bank of England’s Bailey doubts interest rates will fall back to near zero September 24, 2024 With inflationary pressures easing, rate-setters cut rates for the first time since the pandemic in August. However, they subsequently voted 8-1 to keep rates steady last week.
Mortgage Advice Bureau shares jump as firm hails ‘growing market momentum’ September 24, 2024 Shares in Mortgage Advice Bureau jumped as much as 15 per cent on Tuesday morning after the financial services firm hailed "growing market momentum" after a "highly challenging 2023".
Has Labour overdone the doom and gloom? September 24, 2024 Many economists and City business groups have argued that this risks damaging growth. After all, why would households spend and businesses invest in a climate of fear?
Bank of London: Questions persist over unicorn’s finances and governance September 24, 2024 In the span of just two weeks, fintech "unicorn" The Bank of London has gone from relative obscurity to being thrust into the public spotlight for all the wrong reasons.
UK economy: Growth continues but budget concerns ‘jangling nerves’ September 23, 2024 PMIs, which measure business activity in the private sector, are closely watched for clues about the economy’s performance.
Oliver Bonas creates hundreds of jobs as new stores help sales surge September 23, 2024 Oliver Bonas created almost 200 jobs as the opening of new stores helped its sales jump by over £20m during its latest financial year. The Chessington-headquartered company has reported a turnover of £135.7m for 2023, up from the £115m it achieved in 2022. Newly-filed accounts with Companies House also show its headcount increased from 1,357 [...]
Real Estate Investors: Property downturn ‘at or near the bottom’ September 23, 2024 "A normalising market backdrop will contribute to more rapid sales and debt repayment, allowing us to execute our strategy and return capital to shareholders, whilst continuing to pay a covered dividend," he said.
Labour conference: Reeves challenged over consumer ‘fear and foreboding’ September 23, 2024 Rachel Reeves has been challenged over claims the government has “generated a fear and foreboding” among consumers – but insisted she was “optimistic” about the economy. Ahead of her keynote speech to the Labour Party conference in Liverpool today, the Chancellor was challenged on Sky News over last week’s fall in consumer confidence to the [...]