Badenoch and Tugendhat flash low tax credentials September 30, 2024 Kemi Badenoch has said she would “love to see lower corporation tax” and stressed the need to “increase the appetite for risk taking” in a bid to go for growth. The former business secretary’s comments came during a leadership Q&A session for party members at the annual Conservative Party conference in Birmingham. She told the [...]
Liz Truss on Reform, Trump and why she would have outdone Rishi Sunak September 30, 2024 Former Prime Minister Liz Truss made just one appearance at the Conservative Party conference this year. But the queue to hear her chat to the Telegraph’s Tim Stanley stretched for some distance. Members told CityAM they were eager to hear her views. And if you missed it, we’ve rounded up the most eye-catching things she [...]
Cut Starmer some slack, three months hasn’t undone his victory September 26, 2024 The Labour Party is having some teething issues, but three months is hardly enough to judge Starmer by, writes Will Cooling.
Pound’s strength against the dollar risks ‘damage’ to UK’s competitiveness September 25, 2024 The pound reaching its highest level in over two years against the dollar risks damaging the international competitiveness of the UK, City analysts have warned. Sterling now sits at $1.34, its highest since February 2022 and far from its low point of $1.03 in the days after Liz Truss’ mini budget. However, while the strength [...]
Labour’s insistence on talking Britain down will only spur on further decline September 24, 2024 In economics, the "animal spirits" of human emotion matter. So why is Labour determined to talk Britain down, asks Emma Revell.
Two-year mortgage rates fall as markets brace for future interest rate cuts September 20, 2024 Two-year mortgage deals are becoming increasingly competitive as rates continue to fall faster than longer-term deals.
House prices dip unexpectedly as interest rates continue to dampen demand August 30, 2024 House prices dipped unexpectedly for the first time since April this month, but a closely watched survey today suggests that the outlook for the property market is likely to strengthen as interest rates are reined in. In its closely watched house price index today, mortgage lender Nationwide said British house prices slipped by 0.2 per [...]
August bank holiday weekend: UK set for £3bn boost as 11m Brits plan mini-break August 21, 2024 Brits will be packing up their cars and going for short breaks during the bank holiday weekend, with the UK economy set for a £3.1bn boost. Fresh figures from Visitengland said the August bank holiday weekend will mean 11m Britons planning an overnight trip somewhere in the country, bringing in billions of pounds to the [...]
‘Buyer buzz’: Outlook raised for UK house prices after interest rates cut August 19, 2024 Property portal Rightmove has said there is a “degree of buyer buzz” in the housing market, caused by the moderation in mortgages in light of the Bank of England’s decision to cut the base interest rate. It raised its house price forecast for 2024 from negative one percent to one per cent, citing more interest [...]
Bank of England chief Andrew Bailey ‘looking forward’ to serving for another four years August 4, 2024 Andrew Bailey has vowed to stay on for the duration of his eight-year term despite several calls for his resignation.