Rise in living wage spells further misery for retailers, businesses warn December 18, 2023 Hollywood Bowl boss brands pay increase as 'unexpected hit'
‘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.
End is in sight for Amigo as former payday loan provider struggles to find a buyer December 18, 2023 Amigo Loans has said it expects to be mostly liquidated in the first half of next year as the firm continues to wind down its historic lending business.
After four years, supply chain issues are easing – but it’s not all smooth sailing yet December 18, 2023 Global supply chain issues have finally eased, but if there's anything we've learnt, it's not to become complacent, writes Anne Sophie Fribourg
Zero growth Britain? A wake up call to make our taxes competitive December 18, 2023 Britain must invest in its own innovative enterprises if it wants to keep competing on the world stage, writes Lubov Chernukhin
St James’s Place shares slump after it reveals plans to buy up advisers’ books December 15, 2023 Shares in St James’s Place (SJP) have slumped today after the firm revealed plans to raise cash to snap up the business of retiring partner advisers.
Insolvencies surged in November, confirming 2023 is set to be the worst year for corporate collapses since 2009 December 15, 2023 The number of insolvencies in November was 2,466, a 21 per cent increase from the same month in the previous year.
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.
Cracks show in London property market as prime listings come out on top December 15, 2023 London property sales have slumped and rental growth has slowed, but listings above £5m are on a three-year streak as the top sector.
ECB joins other central banks in holding interest rates, lowers growth forecasts December 14, 2023 The European Central Bank left interest rates unchanged as expected on Thursday and signalled an early end to its last remaining bond purchase scheme, wrapping up a decade-long experiment in hoovering up debt across the 20-nation euro zone.