Bank of England’s fears of a tight labour market will remain despite growing slack March 12, 2024 Although almost every measure suggested a softer labour market than expected, the downside surprises were small and show a labour market that is still tight in historical terms.
Domino’s Pizza launches ambitious bid to ramp up sales and store openings by 2028 March 12, 2024 Domino’s Pizza has outlined plans to accelerate growth, eyeing 1,600 UK and Ireland stores delivering £2bn of system sales by 2028.
How do you know the economy’s in trouble? Pawnbrokers are doing well. March 12, 2024 The listed company said it raked in £26.4m before tax for 2019, up from £19m the previous year, marking a rise of 39 per cent.
Wage growth slows faster than expected and unemployment picks up slightly March 12, 2024 Developments in the labour market are crucial for assessing whether inflation is under control, enabling the Bank to ease the cost of borrowing.
FTSE 100 today: London markets set for cautious open as U.S. inflation data looms large March 12, 2024 Asian stocks surged, and Oracle's shares soared over 14%. Bitcoin also broke records, surpassing $72,000. Market focus now shifts to forthcoming UK employment data and US inflation figures for key insights into economic trends.
Pound Sterling makes strong start to 2024 as UK recovery from recession to continue March 11, 2024 Paul Robson, head of G10 FX strategy at Natwest, also drew attention to the UK's increasingly supportive political background.
Vinyl records and air fryers enter ‘inflation basket’ – but Guinness is on the way out March 11, 2024 "The only problem is when you're grooving too hard to the excellent sound quality that your jiving makes the records go wonky," the person continued sheepishly.
Houthi attacks in the Red Sea won’t end until the people of Iran are free March 11, 2024 As violence escalates, our columnist Eliot Wilson argues that Iranian involvement in conflicts in the Middle East can’t be ignored forever It was only a matter of time. Last Wednesday, three crew members were killed in a Houthi missile attack on the MV True Confidence 50 nautical miles south-west of Aden. The sailors – two [...]
Winter half term helps Heathrow to record February flyers as Brits seek sun March 11, 2024 A record number of passengers flew from Heathrow in February with travellers seeking out the sun over the winter half term.
Building Blocks: what is Bitcoin halving? March 11, 2024 Lately, you may have heard reference to something known as the Bitcoin halving, or “halvening.” To the uninitiated, this might suggest splitting a Bitcoin into two equal parts and if that’s your first thought, you’re on the right track. However, to fully understand the meaning of Bitcoin halving we must first understand exactly how new Bitcoins are issued into circulation.