FTSE 100 close: London slumps as Natwest shares crater after Rose review October 27, 2023 London’s FTSE 100 closed the week down almost one per cent, while Natwest’s shares plummeted on the outcome of its review into former boss Dame Alison Rose. The capital’s premier bluechip index ended the day well in the red, after showing signs of being steady throughout most of Friday. By midday it was up around [...]
Blockbuster US growth hits nearly 5 per cent – but what does it mean for interest rates? October 26, 2023 The US economy grew at a startling pace in the third quarter of the year as the world's largest economy continues to shrug off the impact of the Federal Reserve's interest rate hikes.
ECB brings rate-hiking campaign to an end as bloc looks to be on cusp of recession October 26, 2023 The European Central Bank (ECB) has finally brought its run of 10 consecutive rate hikes to an end as growth across the bloc looks set to slow over the coming months.
How can we make a success of change management in our ever – changing world? October 26, 2023 Our world is being continually reshaped by shifting economic realities, rapid technological advances, evolving customer expectations and the transition to more sustainable business models. So, it is clear that if we are to drive greater creativity and innovation within our organisations, we need to be highly effective at embracing, managing, and exploiting the force of [...]
Why China has opted for more stimulus — and why experts are not convinced it will work October 25, 2023 China is rolling out a fresh stimulus package to support its economy, in a sign that the ruling Communist party is growing anxious at the sluggish performance over recent months.
FTSE 100 close: London climbs as miners rise on China stimulus and Lloyds jumps into green October 25, 2023 London's FTSE indexes slipped slightly in opening trade as investors mulled results from two of the largest companies in the world last night.
UK economy continues to ‘skirt with recession’ due to Bank of England’s interest rate hikes October 24, 2023 The UK economy is teetering on the edge of a recession under the weight of higher borrowing costs, a closely watched survey suggests.
Unemployment lower than expected in new ‘experimental’ figures – but experts raise concern over data quality October 24, 2023 Figures out last week showed that average wage growth had slowed slightly, with total annual wage growth falling to 8.1 per cent compared to 8.5 per cent in the previous reading.
Inflation target: Why economists think it’s time for a change October 24, 2023 With inflation now on the way down, attention is beginning to turn to what the 'new normal' will be - if we ever make it there.
FTSE 100 close: London dips as oil prices fall on easing Gaza tensions as bond yields rise October 23, 2023 London's FTSE indexes opened lower on Monday morning with little to change the mood after last week's rout in markets.