Businesses could ‘struggle to afford’ increase in living wage, experts warn November 27, 2023 Last week, the government announced that the National Living Wage will rise by almost 10 per cent next year, from £10.42 to £11.44 an hour.
Mortgage rates won’t dip below four per cent this year, experts say November 26, 2023 Mortgage rates are unlikely to dip below four per cent before the end of this year, industry experts told City A.M.
Central banks to stress higher for longer rates narrative as traders bet on cuts November 26, 2023 A range of prominent central bankers will be speaking this week as markets look for clues on the future path of interest rates.
Kemi Badenoch unveils £4.5bn funding plan for British manufacturing November 26, 2023 A multibillion-pound funding package for key manufacturing sectors will drive growth and boost investment in the UK, ministers have said.
KPMG: Big four firm to freeze pay for 12,000 jobs as services slowdown continues November 24, 2023 Big four firm KPMG has announced it will freeze the pay of 12,000 staff, as the services sector continues to be hit by a major slowdown. The freeze was first reported by the FT, with staff only getting a pay boost if they get a formal promotion, ahead of the Christmas break. Partners at KPMG [...]
F1 prize money 2023: How much do teams get from Constructors’ Championship November 24, 2023 This weekend the F1 season will come to a close after a 22nd and final race in Abu Dhabi. So with both the solo and team titles wrapped up, what’s left to race for? Well money of course! The constructors’ title is one where every position matters… to the tune of millions. The F1 prize [...]
Tories get poll bump as 60 per cent back national insurance ‘cut’ November 24, 2023 The Conservatives have achieved a slight poll boost following the Autumn Statement - but Labour have still held on to a significant lead.
Bank of England: Growth is slowing, but that’s not slowing inflation November 24, 2023 The Bank of England's Chief Economist Huw Pill has warned inflation is not being slowed by a slowing UK economy
Consumer confidence: Brits cheer up in time for Black Friday November 24, 2023 Retailers are bracing for a Black Friday bonanza - boosted by news of consumer confidence finally turning a corner
Will the Natwest share sale plan really ‘get Sid investing again’? November 24, 2023 Natwest shares have sunk more than 24 per cent so far this year, with the bank’s stock cratering in its biggest one-day drop since Brexit after it reported weak third-quarter results at the end of October.