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  • Latest borrowing figures pose headache for Hunt ahead of Autumn Statement

    November 21, 2023

    Samuel Tombs, chief UK economist at Pantheon Macroeconomics, said that "October’s data likely are more indicative of the trend over the coming months".

  • Hunt should ‘urgently’ announce UK response to US green deal, investors warn

    November 21, 2023

    Chancellor Jeremy Hunt should “urgently” announce the UK’s response to the US green subsidy package to support business confidence, investors have warned.

  • Markets ‘underestimating’ the risks on inflation, Bank of England warns

    November 21, 2023

    Four members of the Bank's MPC agreed that there were clear risks that inflation could remain elevated despite the sharp fall in October.

  • Petershill Partners backs guidance after modest quarterly growth

    November 21, 2023

    Petershill Partners reiterated its annual guidance amid a double-digit rise in partner fee related earnings in the third quarter of 2023. 

  • Will pro-Bitcoin Javier Miliei’s Argentina election win be a catalyst for BTC adoption in Latin America?

    November 21, 2023

    Nigel Green examines a series of factors that point to Argentina's new president - Javier Milei - becoming a catalyst for Bitcoin adoption.

  • Savings rates fall for first time in more than two years as banks slash deals

    November 21, 2023

    Fixed savings rates have fallen across the board for the first time in more than two years, according to new data, as inflation cools and the Bank of England hold interest rates.

  • Workspace profits jump as demand for flexible offices grows

    November 21, 2023

    Workspace completed 583 lettings during the half year, with occupancy levels remaining largely unchanged at at 88.7 per cent.

  • Cranswick remains ‘cautious’ as it tackles inflation with 25 per cent profit gains

    November 21, 2023

    UK food producer Cranswick has regained strong positioning after inflation took its toll this year, reporting a 12.3 per cent increase in revenue in its half-year interim results today.

  • AO World raises guidance again as it returns to profit despite falling revenues

    November 21, 2023

    Electrical retailer AO World has raised its profit guidance despite revealing a fall in revenue, according to a trading update published this morning. The online group, which calls Frasers Group its largest shareholder, said a decision to stamp out unprofitable sales led to a 12 per cent dip in revenue during the interim.  But adjusted [...]

  • UK borrows more than expected ahead of Autumn Statement as tax cuts mooted

    November 21, 2023

    The government borrowed more than expected in October, providing a “timely reminder” about the state of the UK’s fiscal position ahead of the Autumn Statement. According to figures from the Office for National Statistics, the government borrowed £14.9bn in October, £1.2bn more than had been pencilled in by the Office for Budget Responsibility (OBR). This [...]

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