Dunelm weathers wet summer as it eyes record annual profit July 18, 2024 Homeware retailer Dunelm has weathered a wet summer to deliver strong sales across its product ranges, with the company now expecting to outstrip its forecast annual profit.
Wage growth eases as Bank of England considers interest rate cut July 18, 2024 The labour market figures are the last major set of statistics before the Bank of England's latest interest rate decision in a couple of weeks time.
Big-ticket ad campaigns are back as UK economy brightens July 18, 2024 Big-ticket advertising campaigns, including those on television and radio, are making a comeback as the UK's economy continues to improve.
Profit warnings falling amid improving economy but scars remain July 18, 2024 "We can expect the economy to continue to recover, but slowly and unevenly," Jo Robinson, a partner at EY said.
‘Steady picture’: UK house prices increase at fastest rate since July 2022, as London rose slowest July 17, 2024 Expectations of a cut to interest rates and continued tight supply helped house prices to rise for the third successive month in May, the Office for National Statistics has said.
Hopes of a summer interest rate cut fade ahead of crunch wage data (and it’s partially due to Taylor Swift) July 17, 2024 There are two particular causes of concern for the Bank, services inflation and wage growth. The two are closely linked.
Stubborn services prices to raise concerns as inflation remains at two per cent July 17, 2024 Speaking last week, Huw Pill, the Bank's chief economist, said persistence in wage growth and services inflation points to "uncomfortable strength in those underlying inflation dynamics”.
UK gets another upgrade but Labour’s growth target looks ‘unlikely’, PwC says July 17, 2024 New forecasts from PwC suggest the UK will grow around one per cent this year, up from the 0.5 per cent projected by the firm at the end of last year.
FTSE 100 today: Blue-chip to rise on sub-two per cent inflation, boosting rate cut bets July 17, 2024 Asian stocks rise amid Fed rate cut hopes, gold extends rally; investors focus on upcoming UK and Euro area CPI reports.
Champagne Lanson’s UK sales fail to fizz despite popularity in London’s West End July 16, 2024 An uptick in people toasting West End night outs with a glass of fizz failed to boost profit at the UK arm of bubbly producer Champagne Lanson, according to newly-filed documents.