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      Healey plans £1bn e-commerce crackdown to fund retail tax breaks

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  • Speedy Hire warns on profits despite ‘resilient’ performance

    January 30, 2024

    Speedy Hire has issued a profit warning despite it performing "resiliently in the face of cost inflation and macroeconomic uncertainty"

  • Pets at Home issues profit warning after retail sales fail to grow as predicted

    January 30, 2024

    Pets at Home has warned its profits will not be as high as previously forecast after its retail sales faulted.

  • Shop price inflation drops as supermarkets slash costs

    January 30, 2024

    Shop price inflation fell to its lowest level since May 2022, helped by supermarkets continually slashing their prices. 

  • High interest rates hurt but they might just be the medicine UK productivity sorely needs

    January 30, 2024

    A post Global Financial Crisis policy of zero interest rates has facilitated investments which deliver poor returns, writes James Sproule Productivity is often seen as the key for sustainable growth. But it is hardly a secret that Britain’s productivity is stuck in the doldrums – and has been so since the Global Financial Crisis (GFC) [...]

  • Moving markets: Five things shaping the FTSE 100 today 

    January 30, 2024

    Asian stocks stand firm in the wake of Wall Street's record highs, while oil prices surge amidst escalating Middle East tensions, shifting investor attention towards the Federal Reserve, Bank of England, and Q4 tech earnings.

  • London is a top global financial centre – but let’s not get complacent 

    January 29, 2024

    London may currently hold the top position in global finance hub ratings, but solid policy and reforms are urgently required, writes Chris Hayward

  • London house prices: Best time to buy since 2016, experts say, but it won’t last

    January 29, 2024

    House prices in London are more affordable but the capital has been warned not to “get carried away” amid a frenzy of mortgage rates cuts. 

  • Bank of England to leave interest rates on hold as UK economy teeters on brink of recession

    January 29, 2024

    The Bank of England will likely leave interest rates on hold for the fourth time in a row when it meets on Thursday this week, economists have said, as the UK economy teeters on the brink of recession.

  • Here’s a wacky thought for both major parties: End the parade of prohibitions

    January 29, 2024

    Labour and the Tories have decided that electoral success lies in more rules, heavier burdens and tighter strictures. But what if they’re wrong, asks Eliot Wilson Whether the impending general election results in a large or a small Labour victory, or even some other outcome altogether, almost everyone can agree glumly that it will not [...]

  • Shipowners and traders gear up for legal clashes over Red Sea conflict

    January 28, 2024

    The shipping industry is gearing up for legal clashes over who is liable for costs and damages incurred when transiting the Red Sea.

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