UK investment fund launches plunge to 20-year low as investors turn to cash January 2, 2024 The number of new UK investment funds has reached its lowest level in two decades, as asset managers are hit by high costs.
First-time buyer numbers ‘were lowest in a decade in 2023’ January 2, 2024 The number of first-time buyers who purchased a home with a mortgage in 2023 is estimated to be the lowest in a decade, according to a building society. Yorkshire Building Society calculated that, across the UK, there were around 290,000 first-time buyers in the mortgage market in 2023, shrinking by a fifth (21 per cent) [...]
Leading economists expect Bank of England to cut interest rates in spring January 2, 2024 Top economists have brought forward their expectations for the Bank of England's next interest rate cut to as soon as March and overwhelmingly see the central bank's monetary policy as too hawkish, according to a City A.M. poll, after promising signs in the battle against inflation.
Shop price inflation stays steady but obstacles to come in 2024 January 2, 2024 Shop price annual inflation stayed flat at 4.3 per cent in December, remaining at the lowest level growth seen since June 2022.
Sport sceptics might scoff but Paris Olympics and Euro 2024 really can lift our gloom January 1, 2024 Brands and marketeers take note: this is how you can capitalise in 2024.
Why higher interest rates are ‘the single best economic development’ for investors in the past 20 years January 1, 2024 Real interest rates remaining in positive territory as inflation continues to fall is good news for investors in bonds
UK banks’ costs in focus in 2024 as interest rates go from boon to burden January 1, 2024 UK banks' cost control will be a key focus in 2024 as the tailwind from high interest rates gives way to mounting margin pressure, analysts have told City A.M.
Japanese investor to ditch £500m stake in HS1 and East Midlands Railway December 31, 2023 Mitsubishi HC Capital is reportedly preparing to sell £475m worth of UK rail assets as it steers away from the country's embattled network.
Four small business trends to watch out for in 2024 December 31, 2023 What next year holds for entrepreneurs: from growing sales to using AI
Seven things banks will be looking out for in 2024 December 31, 2023 A challenging year is in the offing for lenders – from regulatory reform to fraud crackdowns