Wind industry facing turbulence in US and Europe as China emerges as low-cost competitor December 22, 2023 Margins in Europe and the US have been squeezed amid low demand, supply chain disruptions and construction delays, but prices in China have fallen dramatically.
London Underground staff plan strikes in January. Here are the dates you need to know about December 22, 2023 Members of the Rail, Maritime and Transport union (RMT) have voted overwhelmingly to take industrial action over a 5% pay offer.
Falling UK debt interest may allow room for tax cuts, Jeremy Hunt says December 22, 2023 Lower levels of UK debt interest may allow room for the government to cut taxes, UK Chancellor Jeremy Hunt has said.
Retail sales growth exceeds expectations on back of Black Friday December 22, 2023 Retail sales grew stronger than expected last month as shoppers snapped up Black Friday bargains and bought Christmas presents, according to official figures. The Office for National Statistics (ONS) revealed that retail sales volumes increased by 1.3 per cent in November. It was ahead of the predictions of economists, who had forecast 0.4 per cent [...]
Falling mortgage rates to provide support for house prices in 2024 December 21, 2023 Interest rates are expected to fall in the first half of next year after new figures showed that inflation dropped to 3.9 per cent in November, down sharply from 4.6 per cent the month before.
‘Expect volatility’: How will sterling perform in 2024? December 21, 2023 Traders around the world are dialling back their expectations for where interest rates will sit by the end of 2024.
UK retailers report weak December sales, downbeat about January December 21, 2023 British retailers reported a downturn in already weak sales this month as consumers feel the squeeze from high borrowing costs and inflation, and they are gloomier about the start of 2024, a Confederation of British Industry survey showed on Thursday. The CBI’s monthly retail sales balance, a gauge of sales over the year to December, [...]
Oil prices remain under pressure despite Red Sea disruption December 21, 2023 Oil prices remain under pressure.
How do the latest borrowing figures impact Hunt’s tax cut calculations? December 21, 2023 The Treasury borrowed £14.3bn in November, which was nearly £1bn less than this time last year but comfortably higher than economists had expected.
Domino’s Pizza: Eurasia shareholders reject takeover offer from Jubilant Food December 21, 2023 Domino's Pizza Eurasia is understood to be open to takeover but wants the firm to increase its offer price.