GDP: When is no growth in the economy a good thing? November 10, 2023 Ministers may have breathed a sigh of relief today as the UK economy narrowly dodged recession in the third quarter of the year after eeking out minor growth in September and August.
UK economy avoids recession edge as GDP shows no growth November 10, 2023 The ONS said services fell by -0.1% per cent, construction grew by 0.1 per cent and production was flat at 0.0 per cent, as the UK economy appeared to remain stagnant.
An easy target: Meet the firms being sued in Easygroup’s trademark war November 10, 2023 Easygroup has filed a record number of trademark lawsuits this year over the 'easy' brand. Here are some of the companies they are targeting.
‘Watershed moment’: Nationwide cuts mortgage rates to sub-five per cent – while arrears keep climbing November 9, 2023 Nationwide has launched the first two-year fixed mortgage below five per cent since June as lenders face pressure to offer better deals in a fiercely competitive market.
Taylor Wimpey warns of more housing pain – but better profits than first expected November 9, 2023 The FTSE 100 firm’s trading update mimicked that of its rival Persimmon, who on Tuesday warned of market trouble next year, while simultaneously raising the number of homes it plans to build.
Mark Kleinman: WeWork’s decline foretells trouble in the property market November 9, 2023 Mark Kleinman is Sky News’ City Editor and is the man that gets the City talking in his weekly City A.M. column.
UK Commercial Property reveals merger talks with rival Picton November 8, 2023 UK Commercial Property REIT confirms talks with Picton Property for a potential all-share merger
China central bank: Don’t worry about growth – we’ll clear five per cent November 8, 2023 China will surpass its 5 per cent growth rate target, the country's central bank chief has said
IMF upgrades China’s GDP growth forecasts despite real estate crisis November 7, 2023 China's economy is set to grow 5.4 per cent this year, having made a "strong" post-Covid recovery, the IMF said on Tuesday.
King’s Speech: Compromise and deliverables for a target-driven Sunak November 7, 2023 Very little of the King's Speech pushed the boundaries of what has already been extensively planned by Sunak.