Grocery inflation hits lowest level in two years, but non-food items keep rising February 27, 2024 Shop price inflation or the rate at which these goods increase has slowed to 2.5 per cent in February, marking the lowest level recorded in close to two years. British Retail Consortium’s (BRC) latest reading showed food inflation also slowed to 5.0 per cent this month, down from 6.1 per cent in January and is [...]
Why high rates affect the UK’s public debt more than other G7 countries February 27, 2024 As the Chancellor comes under pressure to cut taxes in the Spring Budget, he will be forced to consider the surge in the UK's public debt interest costs.
Without reform, the UK will sleepwalk into another cost of living crisis February 27, 2024 Decades of complacency got us into the cost of living crisis, and we'll face another one if we don't change our ways, writes Adam Hawksbee.
Cutting taxes on Scotch whisky would be a win-win for the Chancellor February 27, 2024 Slashing excise duty on spirits is a popular revenue raiser – so why have only three Chancellors ever done it?
FTSE 100 today: London markets set for a cautious start following Wall Street slippage February 27, 2024 Asian markets echo Wall Street caution, with the dollar weakening and Bitcoin surpassing $57,000. Japan's core inflation declines. Investors await pivotal inflation data for market insights and investment decisions.
Why the ‘mood music’ surrounding the housing market outside London has changed February 27, 2024 An influx of new residents into Manchester, Birmingham, Leeds, Bristol, Edinburgh and Glasgow helped the housing market remain resilient during 2023, according to a new report.
FTSE 100 close: Housebuilders drag London’s premier index into the red after CMA warning February 26, 2024 The biggest news of the morning was the Competition and Markets Authority's (CMA) announcement that it had found "fundamental concerns" with the housebuilding market.
Unions go to war with FCA management (again) over performance-related pay February 26, 2024 Staff at the Financial Conduct Authority (FCA) have raised concerns that its new performance-based pay measures often do not beat inflation and are "weighted towards punishment".
Budding economic recovery set to support sterling in weeks ahead, analysts argue February 26, 2024 A budding economic recovery and a later start to the Bank of England's interest rate cuts will support sterling over the coming weeks.
Regulator finds ‘fundamental concerns’ in housebuilding market after year-long investigation February 26, 2024 The Competition and Markets Authority (CMA) has published its final report on the housebuilding market in Great Britain today, and it makes for daming reading for the sector.