‘Stars are aligning’ for UK economy after inflation data and Bank of England rate decision March 22, 2024 "We think the stars are aligning for stronger consumer spending growth this year," Rob Wood, chief UK economist at Pantheon Macroeconomics said.
UK jobs market recovery accelerates on better than expected consumer spending August 2, 2021 The UK jobs market recovery is accelerating as a stronger than expected rebound in consumer spending is encouraging firms to take on staff, according to new figures released today. Research published by Lloyds Bank shows the proportion of UK businesses expecting to ramp up hiring rose to 18 per cent, a sixth consecutive monthly increase [...]
Consumer confidence shows ‘renewed optimism’ against falling core inflation August 25, 2023 Consumer confidence is showing “renewed optimism” against a backdrop of falling core inflation, figures suggest. GfK’s long-running Consumer Confidence Index improved five points in August, with all measures reversing the drop seen in July, although it remains firmly in negative territory at minus 25. Confidence in the general economic situation for the next 12 months [...]
UK economy: After a busy week, the foundations look solid September 20, 2024 With inflation low and further rate cuts to come the UK economy remains on relatively solid foundations.
‘Green shoots of recovery’ emerge as FTSE profit warnings fall on last year April 29, 2024 "Whilst the green shoots of recovery can be seen, companies cannot afford to ignore the warning signs and rely on economic resurgence," Jo Robinson, EY-Parthenon Partner and UK&I turnaround and restructuring strategy leader said.
London business confidence ‘booming’ as lower inflation fuels hopes of a recovery March 27, 2024 London business confidence soared in March as the UK's ongoing economic recovery lifted spirits in the capital, according to a closely watched survey.
Retail sales plunge in ‘dull and wet’ April in fresh sign of fading optimism May 24, 2024 According to the Office for National Statistics (ONS), retail sales fell 2.3 per cent in April, a much worse fall than predicted by economists.
Investors to receive ‘temperature check’ on global economy alongside Nvidia and inflation updates May 19, 2024 Analysts at Deutsche Bank said the surveys would provide "a temperature check on growth across the key economies as perceived inflation risks subside".
Amazon Prime Day sales reach record high thanks to discount-hungry shoppers July 19, 2024 Amazon Prime Day hit record heights thanks to discount-hungry shoppers as sales passed £14.2bn during the two-day shopping event, according to new figures.
Bosch sales driven up by new car market’s resurgence despite hit to consumer goods April 19, 2024 Bosch is eyeing a further increase in sales during 2024 despite the global technology giant warning it is not expecting a marked improvement in the UK economy.