Bank of England finds no evidence of greedflation among UK firms November 16, 2023 Firms in the UK and the EU have not been using the cover of inflation to gouge their customers, new research from the Bank of England suggests.
Moving markets today: What’s shaping the FTSE 100 this morning November 13, 2023 Moving markets: FTSE 100 traders set to keep an eye on Asian inflation figures, oil prices and the US debt ceiling
‘A long way to go’: Fed chief signals possible interest rate hike November 10, 2023 Jay Powell said he is 'not confident' that the fight against inflation is won, hinting at the need for a further Fed interest rate hike
Millions of Brits plunged into financial crisis by whirlpool of inflation and swelling energy bills November 25, 2021 Swelling energy bills, soaring inflation and stinging food costs have plunged millions of Brits into a winter financial crisis, reveal new figures released today. 3.2m poorer households who rely on wafer thin budgets to meet the cost of living will be unable to pay for basic things, research by Citizens Advice, the charity that supports [...]
Bank of England’s Haskel prefers holding rates on back of ‘tight’ labour market July 8, 2024 A Bank of England rate-setter said he would prefer to leave interest rates on hold to ensure the surge in inflation has been decisively tamed.
The FTSE 100’s biggest winners of 2023 December 28, 2023 It has been a tumultuous year on London’s markets as a cocktail of inflation, aggressive rate hikes and geopolitical instability roiled listed equities.
‘Outrageous’ rail fare hike slammed amid soaring cancellations and strikes March 3, 2024 An inflation busting 5 per cent hike in rail fares has been dubbed "outrageous" amid soaring cancellations and ongoing industrial action.
UK services economy surges after end of Plan B curbs despite inflation reaching record high March 3, 2022 Brits rushed back to pubs, bars and restaurants after the end of Plan B measures, boosting the UK’s services economy, but firms are raising prices at a record rate, reveals a closely watched survey released today. Activity among British services firms climbed to an eight month high, hitting 60.5 in February, according to IHS Markit’s [...]
FTSE 100 today: London markets set to extend Friday’s losses, echoing weak global lead June 24, 2024 Asian stocks dip on China-EU trade worries; gold rises on lower Treasury yields. Focus is on US PCE inflation and the US presidential debate.
FTSE 100 close: Strong results from Hargreaves Lansdown and Ocado tip index into green September 19, 2023 Strong performances from Hargreaves Lansdown and Ocado helped tip the FTSE 100 into the green despite concerns around inflation.