FTSE 100 close: London up as markets digest unemployment, wages and pensions data September 12, 2023 London's FTSE 100 started Tuesday morning up, as markets digest fresh figures on unemployment and wage growth, pensions and grocery inflation
Grocery price inflation drops to its lowest level in over a year September 12, 2023 Grocery price inflation dropped to its lowest level in over 12 months, falling 12.2 per cent for the four weeks to September, new data shows.
Offshore wind auction expected to be major letdown for government’s green agenda September 7, 2023 The latest auction round for offshore wind is expected to be disappointing for the energy sector, with close to zero bids.
Pump price of unleaded petrol soars to yearly high September 5, 2023 The price of petrol on UK forecourts has risen to its highest level so far this year, figures show.
Foreign takeovers tumble as rising rates and wild prices scupper London bargain hunt September 5, 2023 The number of foreign buyers swooping on UK firms tumbled sharply in the second quarter as a predicted deals raid sputtered out amid rising interest rates and volatile markets, official figures show.
Recession risks loom as UK’s service sector falls into negative territory September 5, 2023 The impact of higher interest rates saw the UK's all important service sector fall into contraction for the first time since January as the risks of a recession grew ever larger.
Huge jump in London construction firms closing as project delays and inflation bite September 4, 2023 The number of London construction firms going bust has risen by almost a quarter since the pandemic, new data reveals.
Wetherspoon boss Tim Martin slashes prices in tax battle with supermarkets September 4, 2023 Tim Martin has warned that the biggest threat to the hospitality industry is the “vast disparity” in tax treatment
Manufacturing downturn ‘deepens’ as production drop among fastest on record September 1, 2023 UK manufacturing hit a steep slump this month, figures revealed, as production dropped by a rate “one of the fastest in survey history”. According to the Chartered Institute of Procurement & Supply (CIPS) the UK manufacturing purchasing managers index (PMI) recorded 43.0 in August, down from 45.3 in July. This marked its lowest level since [...]
FSB calls for a ‘risk-taking’ attitude from government to boost small businesses August 31, 2023 British business organisations are calling for a tech revolution and pushing the government to supercharge economic growth. The Federation of Small Businesses (FSB) has sounded the clarion call for the government to foster a “risk-taking” attitude and give small enterprises a leg up as they stumble over the high cost of adopting new technologies. The [...]