Transform Your Finances With These 8 Habits [2024] January 13, 2025 It’s 2024, and the financial landscape is becoming ever more volatile, leaving many wondering how to navigate the turbulence and come out unscathed. With rising inflation, unpredictable markets, and a wealth of new financial innovations, having your finances in order has never been more important. But for many people, addressing these challenges can be overwhelming, [...]
CBI chair Rupert Soames: Reeves has created a ‘hole in the trust of business’ January 13, 2025 Rachel Reeves has created a “hole in the confidence and trust of business” by using the private sector to fill a £22bn hole in the government’s finances, the chair of the UK’s top business body has said. Rupert Soames, chair of the Confederation of British Industry, said the Chancellor had “bruised” British companies after rolling [...]
Pound sterling suffers as traders pare bets on Fed rate cuts January 13, 2025 The sell-off comes after a bruising week for UK assets last week, with sterling falling over three per cent and gilt yields picking up to the highest levels in decades.
Bitcoin in Your Business: Why SME Business Owners Are Adopting a Bitcoin Strategy: January 13, 2025 In 2020, MicroStrategy made headlines when its Chairman and Co-founder, Michael Saylor, took a bold step by buying Bitcoin as a hedge against inflation and an alternative to cash reserves on the company’s balance sheet. This marked the start of the company’s digital asset strategy, setting a precedent for other businesses. Today, MicroStrategy owns over [...]
Stakes are high for UK economy ahead of crunch week of data January 13, 2025 The latest inflation figures, covering December, will be published on Wednesday before GDP figures for November will be released on Thursday.
Why are returns on residential property falling in the UK? January 13, 2025 The amount of money sellers are making from residential property in the UK has shrunk to its lowest level in a decade, as a years-long boom in house prices slows, according to new figures. After years in which London property has delivered bumper returns for investors and homeowners, the slowdown has been felt most acutely [...]
UK housebuilders to shed light on property market amid Government targets January 12, 2025 Some of the UK’s biggest housebuilders will say whether demand is picking up in the property market after a prolonged slump, as the Government prepares to overhaul planning rules. London-listed construction groups Persimmon, Vistry and Taylor Wimpey will all provide trading updates next week. Persimmon, which will give an update on its fourth-quarter trading on [...]
IMF chief sees steady world growth in 2025 January 11, 2025 Kristalina Georgieva said the US economy was doing "quite a bit better" than expected.
Rachel Reeves or Liz Truss: Who really ‘crashed the economy’? January 10, 2025 Amid UK bond market turmoil, how does Reeves' budget compare to Truss' - and who is really responsible for 'crashing the economy'?
Rachel Reeves eyeing spending cuts in spring January 10, 2025 Rachel Reeves is considering cutting departmental spending as UK borrowing costs soar, despite risks it could “dampen” activity and “further dent anaemic” growth. The Chancellor is said to be eyeing further reductions to unprotected government departments’ budgets after she ruled out additional tax rises or more borrowing to avoid breaking her fiscal rules following the [...]