Pimco boss: UK risks ‘hard landing’ as consumers feel the pinch from higher rates December 19, 2023 UK faces a "higher probability of more significant economic deterioration" than US
Leading lawyer Rachel Kent appointed by Treasury to oversee City watchdog scrutiny December 18, 2023 "The financial services regulators have a significant impact on millions of consumers and firms and it is important that they are subject to effective scrutiny," Kent said.
Square Mile city break: How to do London’s oldest district in style December 18, 2023 I skipped the train from Liverpool Street station on Friday, checked into the Pan Pacific and spent a weekend in the Square Mile
‘Further evidence’ needed to show wage growth is falling, Bank’s Broadbent warns December 18, 2023 The Bank of England needs "further evidence" that wage growth was decisively cooling before cutting interest rates, a member of the Monetary Policy Committee (MPC) said today.
UK needs to ‘get its mojo back’ as another forecaster warns of slow growth December 18, 2023 "While the UK economy is resilient, it needs to get its mojo back," Yael Selfin, chief economist at KPMG UK, said.
Why Goldman Sachs predict ‘earlier and more aggressive’ interest rate cuts from central banks December 18, 2023 Goldman Sachs expects "earlier and more aggressive rate cuts" from central banks after a significant fall in inflation over recent months.
Santa Rally expected to bring festive joy to London’s FTSE 100 after tough year December 18, 2023 Some four in five of those polled by Interactive Investor are expecting to up their exposure to equities next year, too.
The Royal Exchange gets sprawling new restaurant from former Quaglino’s boss December 15, 2023 A sprawling new restaurant The Royal Exchange will open in the spring
UK continues to ‘dodge recession’ as private sector growth at six month high December 15, 2023 This comes as the UK economy has been flirting with a recession for more than a year, battling stubborn inflation, high energy bills.
Make no mistake, the Bank of England is driving us into a deeper recession December 15, 2023 The Bank of England's inflexible remit is pushing the UK economy into a growth trap from which it will struggle to escape