Week ahead: Market holds breath for busy central bank week July 28, 2024 Markets are preparing themselves for one of the busiest weeks of the calendar, with the Federal Reserve, the Bank of England, and Bank of Japan all deciding the path for interest rates in their country over the next five days.
Treasury fails to deny capital gains tax hike as Reeves readies ‘broken’ finances warning July 28, 2024 Rachel Reeves is set to warn of the "broken" state of the UK's public finances in a speech on Monday, as rumours of a hike in capital gains tax continue to swirl.
Crucial US inflation data rises slightly faster than expected as Fed ponders next rate move July 26, 2024 A crucial piece of US inflation data came in slightly hotter than expected last month as the Federal Reserve considers when to start cutting interest rates. Figures out today showed the core personal consumption expenditures (PCE) price index, which is the Fed’s preferred gauge of inflation, remained stuck at 2.6 per cent in June. This [...]
CMA ‘unlikely’ to find loyalty prices in supermarkets misleading July 26, 2024 Britain’s competition watchdog has said it is "unlikely" to find widespread evidence to suggest that loyalty prices in stores are misleading shoppers.
Segro: Warehousing giant’s profit hits £200m as UK property values increase July 26, 2024 Warehousing giant Segro has seen its profit soar to more than £200m after the value of its UK properties increased for the first time in two years.
The great student loans swindle July 26, 2024 Vast quantities of student loans will never be repaid, representing a massive subsidy not just to students themselves but to universities. No other industry is cosseted in this way, failing universities should be allowed to go to the wall, say Paul Ormerod The university sector in the UK is in financial trouble. The annual fee [...]
US GDP sails past expectations again on back of strong consumer spending July 25, 2024 The world’s largest economy breezed past economists’ expectations yet again as consumer spending picked up more than anticipated. According to new ‘flash’ figures published on Thursday, US GDP grew at an annualised rate of 2.8 per cent between April and June. Economists had expected GDP to grow 2.0 per cent. This was a substantial acceleration [...]
Vodafone posts solid gains as chief Della Valle drives turnaround strategy July 25, 2024 The telco said it is still waiting for the competition regulator to rule on whether its proposal to merge its UK operations with those of Three is allowed.
The UK economy has defied gloomy expectations. Can this continue? July 25, 2024 The UK economy has surprised pundits again and again this year, growing at a much faster rate than almost anyone had expected.
Sadiq Khan has no answers on London’s ailing nightlife July 25, 2024 More than 3,000 pubs and clubs have closed since the pandemic while other cities like Manchester and Liverpool have thrived. If the mayor won’t do anything about it, others will, says Emma Best Growing up gay in London, my world and confidence in who I was changed when I was able to start experiencing London’s [...]