Look behind you! Rachel Reeves’ political pantomime July 30, 2024 Rachel Reeves is shocked – shocked she tells you – at the state of the public finances. Never mind that everyone passingly familiar with spreadsheets, including City A.M., had warned her – the chancellor has now discovered what was hiding in plain sight: Britain is poor. Incoming governments promising one thing to get elected and [...]
We’re (not) lovin’ it: McDonald’s posts first sales drop since 2020 July 29, 2024 Fast-food giant McDonalds posted a global sales drop of one per cent year on year in the three months to the end of June.
Junior doctors ‘offered 22 per cent pay rise’ to end strikes July 29, 2024 Junior doctors in England are understood to have been offered a 22 per cent pay rise over two years in a bid to resolve their long-running pay dispute with the Government. The Times is reporting that the British Medical Association’s (BMA) junior doctors committee has recommended an offer to members. It is understood to include [...]
Liquid gold? Olive oil fraud cases hit record high in EU July 29, 2024 The number of cases of fraudulent olive oil referred to the EU hit a record high this year after inflationary pressures fuelled black market activity. The price of olive oil has more than doubled in the last five years on climate-related supply pressures and environmental shocks. There were 50 reports to the European Union of [...]
Rally to save Bethnal Green Working Men’s Club from closure as thousands sign petition July 29, 2024 Over a hundred Londoners gathered in Bethnal Green this lunchtime to protest against the closure of the Bethnal Green Working Men’s Club, one of the capital’s most important nightlife venues. It is facing closure after owners voted to stop events being run on the premises, which has for the last twenty years established itself as [...]
Mortgage market treads water before of Bank of England interest rate decision July 29, 2024 Bank of England data showed that the number of mortgage approvals, which indicate future borrowing, remained broadly steady in June at just under 60,000.
UK finance chiefs gear up for growth as sentiment soars July 29, 2024 Chief financial officers of some of the largest UK companies have seen expectations about the prospects of their own business shoot up.
City split on Bank of England’s August interest rate decision July 29, 2024 City economists are split about whether the Bank of England will choose to start cutting interest rates on Thursday.
Job vacancies plunge as summer hiring slump arrives early July 29, 2024 UK jobs vacancies fell by almost 20 per cent year-on-year in June to 852,703, to their the lowest levels since March 2021.
C-suite executives list tax certainty as a priority from Reeves, survey finds July 29, 2024 Clarity on tax is the number most important thing bosses want from the new government, a survey of C suite execs has found.