PMIs to offer investors update on health of global economy before US data steals show January 21, 2024 Markets will get an update on the health of the global economy on Wednesday when the latest round of PMIs are released.
Labour will be unable to hit £28bn green investment target for some years, says Khan January 20, 2024 Labour will not be able to hit its target to invest £28bn a year in green projects until the end of its first term, Sadiq Khan said after the party insisted it is not abandoning the key pledge.
Jeremy Hunt drops major tax cuts hint at Davos before March budget January 19, 2024 Chancellor Jeremy Hunt dropped another major hint about March’s much-anticipated budget, saying the “only direction of travel” is for the UK to embrace low taxation. Speaking at Davos in Switzerland, he said Britain should emulate other economies with low taxes, as the Conservatives gear up for an election later this year. Hunt, who will deliver [...]
Economy: Why the latest data makes a ‘technical’ recession seem (almost) inevitable – with pub spending the only white knight January 19, 2024 The UK appears set to enter recession - and even if the term is in some ways meaningless, it's still very bad news indeed
Biden on Red Sea: Strikes haven’t stopped Houthi attacks – so we’ll carry on January 19, 2024 US President Joe Biden pledged to continue attacks on Houthi sites in Yemen in an effort to restrict the militant group's ability to disrupt shipping in the Red Sea.
Retail sales crash 3.2 per cent in December as struggling high street hits Covid-era low January 19, 2024 UK retail sales plummeted 3.2 per cent in December, well below analyst expectations and the largest monthly fall since January 2021 when coronavirus restrictions pushed down sales. Analysts had expected sales to fall by 0.5 per cent in the last month of the year, but a significant drop in both food and non-food store sales [...]
Green alternatives: How investing in cannabis fuelled my hydrogen startup January 19, 2024 Green startups find it hard to get funding - but thinking outside the box can be rewarding.
Sadiq Khan freezes TfL fares after drumming up extra £123m January 19, 2024 Tube and rail fares will be frozen until March 2025 after Mayor Sadiq Khan drummed up an extra £123m in funding for TfL.
FTSE 100 today: London markets likely to soar on the heels of global tech rally January 19, 2024 Global stocks surge in a tech rally, oil prices dip, and Bitcoin hits a five-week low. Attention now shifts to UK retail sales and U.S. Michigan Sentiment data.
Poundland owner Pepco warns disruption in the Red Sea could raise freight costs January 18, 2024 Poundland owner Pepco has warned that disruption at the Red Sea could lead to higher freight costs and hit product supply.