Brits’ optimism shrinks on soaring inflation and looming tax hikes January 21, 2022 An inflation spike, the re-emergence of Covid-19 restrictions and looming tax hikes have combined to dampen Brits’ confidence in the year ahead, reveals a closely watched survey released today. The erosion of household budgets by inflation climbing to a near three decade high has led to concerns about a deterioration in personal finances to sweep [...]
Moving markets today: What’s shaping the FTSE 100 this morning January 10, 2024 Today's market highlights: Japan's Nikkei 225 at a 33-year high, stable U.S. Dollar, Bitcoin's rollercoaster, ongoing oil price surge, and anticipation for U.S. inflation figures.
UK General Election: When should Sunak pull the trigger? January 4, 2024 With Rishi Sunak holding the power for the date of the next General Election, Will Cooling looks at when the PM should pull the trigger.
Investment in London’s commercial property market drags as economic woes deepen July 25, 2022 London’s commercial property market took a hit in the second quarter of 2022 as investment declined amid a weakening economic outlook, according to data by BNP Paribas. Central London properties experienced an eight per cent investment drop at £4.5bn compared to Q2 last year, with the number of office deals transacting at less than half [...]
UK continues to ‘dodge recession’ as private sector growth at six month high December 15, 2023 This comes as the UK economy has been flirting with a recession for more than a year, battling stubborn inflation, high energy bills.
Week ahead: City shapes up for possible double-digit inflation August 14, 2022 The City is bracing for a week brimming with big economic announcements that will shed more light on the health of the UK economy. London’s premier FTSE 100 index notched a decent performance last week, gaining nearly one per cent to close at a shade over 7,500 points. The mid-cap domestically-focused FTSE 250 index, which [...]
Nine pub chiefs plead with Mick Lynch to call off strikes and avert ‘devastating’ impact November 25, 2022 The chief executives of nine major pub and bar chains have written to rail union boss Mick Lynch pleading with him to call off strikes and to not unleash a “devastating” impact hospitality. The heads of Fuller’s, Young’s, Drake & Morgan and the City Pub Company were among those appealing to the RMT leader today. [...]
Shop visits increase as shoppers hunt for cheapest prices but sales growth lags July 8, 2022 Visits to shops have increased as shoppers hunt for the cheapest prices, however this has not translated into sales growth amid the cost of living crisis. According to data from the British Retail Consortium, UK footfall increased by two percentage points in June, versus the prior month. Shoppers were hunting for the best deals as [...]
Joules share price plummets after retailer calls in KPMG to help boost profitability July 11, 2022 Joules share price has tumbled after it confirmed weekend reports that it has called in the KPMG debt advisory to help boost its cash position. As set out in its May trading update, the premium lifestyle group said it will continue to focus on improving profitability, cash generation and liquidity headroom. As at 29 May, [...]
FTSE 100 today: London markets brace for flat open as global rally takes breather March 27, 2024 Asian markets followed Wall Street's dip, oil prices fell, and Donald Trump's media firm made a strong debut. Investors are now focused on the imminent release of US PCE inflation data for further cues.