City A.M. TV: A Market Snapshot May 24, 2021 Are markets resilient or rolling? That’s a key question currently on investors’ minds. That’s especially so given the concerns about the recent high US core CPI inflation print as well as the troubling price action in Bitcoin. In this clip, we stand back from the market noise and look at what the price action is [...]
Save Our Summer: The travel industry is pulling the emergency alarm February 18, 2021 Travel firms large and small are united in outrage. In recent days, government ministers have unsettled consumers and the entire travel sector by telling UK citizens not to book a holiday in the UK or abroad, now or indeed ever. It is hard to think of a more damaging approach to boosting confidence and it’s [...]
Brits’ energy bills to swell more than £300 with poorest hit hardest – CityAM : CityAM September 26, 2021 Brits’ household bills are set to swell over the next year, with the poorest households being hit hardest by the energy crisis, according to new research. Energy bills will rise by more than £300 over the next year, highlighting the scale of the impact the crisis will have on Brits’ finances, shows research by the [...]
Ryanair, BA, Easyjet and Stansted in court today suing over traffic light travel system July 9, 2021 Ryanair, BA, Easyjet and Stansted owner MAG are in court today suing over traffic light travel system
More gloom on the horizon for UK high street, think tank warns January 14, 2021 There is more gloom on the horizon for the beleaguered UK high street in the first half of this year as lockdown restrictions weaken consumer confidence, according to the latest research. The KPMG Ipsos Retail Think Tank forecast that retail health will fall by two points in the first three months of the year, as [...]
Wednesday’s GDP figures will remind Brits of sunnier economic times October 12, 2021 The economic mood at the moment is not upbeat. Households are facing an acute cost of living crisis, businesses are warning of shortages at Christmas, inflation is likely to run hotter and for longer than the Bank of England initially expected. Doom and gloom. However, on Wednesday, positivity will be partly revived as the Office [...]
We need tougher consumer protection to end the hours of hold music when things go wrong April 19, 2021 It might have been for your cancelled two-week summer holiday. Or it could have been that parcel you ordered that never arrived. First comes the disappointment and frustration, then the dread. You are now staring down the barrel of what could be a lengthy, painful battle with a customer service team to get your money [...]
House prices continue climb but signs of slowing begin to show September 7, 2021 House prices increased to another record high in August but the pace at which they are climbing is slowing. Monthly growth sat at 0.7 per cent in the month just gone, leaving prices up 7.1 per cent year on year, according to the Halifax House Price Index. The latter figure is down from 7.6 per [...]
UK manufacturing growth slows in June July 1, 2021 Growth in the UK’s manufacturing industry slowed over the last month, according to a closely watched business survey published today. The IHS Markit/CIPS Purchasing Managers’ Index dropped to 63.9 in June, down from May’s record high of 65.6. A reading above 50 indicates growth in the industry. Read more: British savings jump during lockdown as [...]
Deliveroo expects growth to wane in a post-pandemic world April 15, 2021 Deliveroo expects its growth to slow down in a post-pandemic world, when customers will once again be able to visit restaurants in-person. The takeaway delivery app expects that in a post-pandemic world, its gross transaction value (GTV) is likely to grow between 30 and 40 per cent for the year, down considerably from GTV growth [...]