FTSE 100 close: London up as markets digest unemployment, wages and pensions data September 12, 2023 London's FTSE 100 started Tuesday morning up, as markets digest fresh figures on unemployment and wage growth, pensions and grocery inflation
Why rising wages will concern the Bank of England September 12, 2023 With inflation coming down to 6.8 per cent in July, this means that households are seeing a boost in real income for the first time in nearly a year. But the Bank of England will be nervous.
Unemployment up and wage growth still hot: New figures to spook Bank of England September 12, 2023 Unemployment has crept up whilst wage growth remains hot - creating problems for the Bank of England
Bank of England’s Mann signals support for interest rate hike after warning on ‘inflation persistence’ September 11, 2023 Speaking at the Canadian Association for Business Economics, Mann said "the risk of tightening too little is more salient" than tightening too much.
Pension bosses under fire for ‘overconfident’ account of Truss-triggered LDI crisis September 11, 2023 Pension bosses have come under fire from experts today after giving an “overconfident” assessment of their role in tackling the crisis that engulfed the sector in the wake of Liz Truss’s disastrous mini-budget last year.
Jeremy Hunt: No tax cuts on the cards before next general election September 11, 2023 Jeremy Hunt has hinted that tax cuts are unlikely to be on offer before the next general election after warning that inflation had proved “stickier than was forecast”. The Chancellor told Bloomberg that he did not expect to have more fiscal headroom at the Autumn Statement — compared with the spring Budget — and “debt [...]
City regulators urged to review Hong Kong’s ties to the London Metal Exchange September 11, 2023 City regulators must scrutinise the Hong Kong government's ties to the London Metal Exchange following China’s breaches of human rights and diplomatic agreements with the UK, a human rights group has demanded.
Labour market beginning to slow in boost for Bank of England September 11, 2023 The labour market is beginning to slow down as rising interest rates take their toll on hiring activity, new data out today shows.
Recession: Experts divided on whether UK economy will avoid dreaded R word September 11, 2023 The UK economy has avoided a recession so far this year, to the surprise of many analysts, but that does not mean it is out of the woods yet.
England complete ODI rescue mission as Livingstone shines September 10, 2023 England recovered from a sloppy start with the bat yesterday to beat New Zealand by 79 runs in Southampton as Liam Livingstone starred at the crease. Jos Buttler’s side fell to 8-3 and 55-5 inside 13 overs with Jonny Bairstow, Harry Brook, Joe Root and Ben Stokes dispatched for six, two, zero and one respectively. [...]