Leaving interest rates on hold risks deepening recession, Haldane warns February 19, 2024 Leaving interest rates on hold for too long risks deepening the UK's recession, the Bank of England's former chief economist has said.
UK’s largest nightclub operator Rekom owed over £120m as it collapsed into administration and cut 470 jobs February 19, 2024 The UK's largest nightclub operator owed more than £120m as it collapsed into administration and cut almost 500 jobs before a rescue deal was agreed.
High interest rates set to dampen lending to firms in 2024 before rebound next year February 19, 2024 High interest rates are expected to limit banks' lending to businesses this year before a rebound in 2025, according to a new forecast, as sticky inflation and high interest rates dent firms' confidence.
Consumers shopping for insurance deals help Moneysupermarket to record revenue February 19, 2024 "The combination of high levels of premium price inflation and the cost-of-living squeeze resulted in high levels of search traffic with consumers seeking a better deal," the company said.
House sales surge as green shoots emerge in property market February 19, 2024 House sales in the first six weeks of 2024 are 16 per cent higher than over the same period last year, and three per cent higher than in 2019.
Political squabbling about the ‘R’ word does nothing for struggling Brits February 19, 2024 As politicians shadowbox on the economy, the real impacts of the recession are not being engaged with, writes Eliot Wilson.
Tech’s boom or bust cycle will only whip up trust issues February 18, 2024 High levels of volatility are giving tech investors the ick, says Mike Maynard
What can the Premier League learn from NFL and the Super Bowl? February 17, 2024 Richard Davies, Partner at Charles Russell Speechlys, on the lessons the Premier League can learn from the Super Bowl. Few events rival the commercial juggernaut that is the Super Bowl. Year after year, this American spectacle captivates audiences worldwide, boasting unparalleled viewership and revenue. While the Premier League stands as a commercial powerhouse in its [...]
Lloyds set for uptick in annual profits as investors look for clues on motor finance probe February 17, 2024 Lloyds Banking Group is set to report an uptick in annual profits next week on the back of higher interest rates, with its cost control, impairments and exposure to an FCA motor finance probe in focus.
‘Swiftonomics’: How Taylor Swift’s UK Eras tour could boost the UK economy February 17, 2024 "There is already strong anecdotal evidence suggesting there will be a strong increase in hotel and restaurant inflation while Taylor Swift is performing".