Recession, interest rates and inflation: Five graphs that explain the UK economy May 10, 2024 The UK leapt out of recession in the first quarter of this year, with GDP growing by a relatively impressive 0.6 per cent.
The Power of Capitalism: Time and again, it’s free markets that deliver for people May 10, 2024 Capitalism and free markets have been shown, again and again, to be better for people than any alternative
‘Back with a bang’: Is the UK economy back on track after GDP data? May 10, 2024 The figures mean the UK grew at the joint fastest rate in the G7, surpassing the US and tying with Canada.
TT Electronics takes ‘cost action’ to offset lower demand in the US May 10, 2024 Components manufacturer TT Electronics has moved to reduce costs as it faces lower demand for its products as a result of destocking.
Unlocking potential: A call to action for Social Mobility May 9, 2024 The macro challenge: worsening global income inequality We have an income inequality crisis and the trend is worsening. Income inequality, that is the unequal distribution of income throughout a population, has become a ubiquitous challenge on a global scale; it is one of the Social Megatrends in the realm of ESG and sustainability. The UK [...]
Weatherbys: Horse racing private bank doubles profit on higher rates and expansion May 9, 2024 The private bank Weatherbys has been boosted by higher interest rates and demand for its services.
Allica Bank chief bets on rapid growth to force improvement in SME finance May 9, 2024 Allica only launched in 2020 but has already become a certified fintech darling. It was named by Deloitte as the UK’s fastest-growing fintech last year and in April posted its first annual profit of £16.1m.
Derwent London shrugs off concerns about the commercial property market with new Cushman & Wakefield deal May 9, 2024 Derwent London has seen a rebound in the demand for office space in the capital.
Mark Kleinman: Why the City’s bonus cap move may not deliver Brexit bonus May 9, 2024 Mark Kleinman writes a weekly column for City A.M. - this week on Goldman bonuses, Foxtons' next move and broker job cuts
Mortgage lending growth set to double next year as inflation eases and rate cuts loom May 9, 2024 UK mortgage lending growth is set to more than double in 2025, according to a major economic forecasting group, as inflation eases and the Bank of England is expected to cut interest rates this year.