Retail sales up in April but analysts warn on implications of further rate hikes May 26, 2023 Retail sales volumes recovered slightly by 0.5 per cent in April as the sector was lifted by the Easter holidays, however high inflation and strains on household finances continue to hinder spending. Non-food stores sales volumes rose by 1.0 per cent during the month, data from the ONS shows, following a fall of 1.8 per [...]
Soaring inflation forces Brits to tighten belts on groceries as summer clothes, DIY and fuel sales pick up June 23, 2023 Brits are still splashing the cash amid soaring inflation, with retail sales estimated to have increased by 0.3 per cent last month off the back of non-food splurging. The main driver of sales was online, with non-store selling volumes up by 2.3 per cent, while food store sales were down by half of one per [...]
Britain still on track to dodge a recession this year but inflation returns May 23, 2023 Britain is still on track to avoid a recession in 2023 driven by consumer spending holding up amid a tough cost of living crisis, a closely watched survey out today shows. S&P Global and the Chartered Institute of Procurement and Supply’s composite purchasing managers’ index (PMI) for May hit 53.9 points. While the number was [...]
After the economy grew again, will Bank of England’s rate hikes tip the UK into recession? August 11, 2023 The UK economy grew faster than expected in June, expanded 0.5 per cent, helping to bring growth in the second quarter to 0.2 per cent – but analysts are divided about what the figures say for the coming months. Growth in June was given a boost by a strong performance from the production sector, which [...]
EP: 280 Royal Ascot – Friday June 19, 2024 Two fascinating Group 1 races feature on Friday at Royal Ascot. The Commonwealth Cup is run over the straight 6-furlong course and the fillies go up against each other over a mile in the Coronation Stakes. City AM Racing editor Bill Esdaile previews Friday’s first class action at Ascot, searching for winners in the exciting World Pool [...]
Boeing whistleblower found dead in South Carolina March 12, 2024 A former employee of Boeing who blew the whistle on safety problems at the company has been found dead.
The Notebook: Neil Bennett on how the Treasury made the BBC look very slow indeed March 15, 2023 Writing a column on the morning of Budget Day is always a thankless task. By the time you read this, most of you will know what is set to come out of that red box, while I can only speculate. That said, it’s nice to see that Jeremy Hunt is now following in his predecessors’ [...]
Met chief says force stopped ‘fake stewards’ throwing paint May 9, 2023 Met Police chief Sir Mark Rowley has defended the force’s policing of the coronation and said officers stopped “extremely dangerous” protesters from causing disruption. Officers have faced heavy criticism after 64 people were arrested over the bank holiday weekend – including six protesters who were members of the anti-monarchy group Republic. The six campaigners were [...]
King Charles III must find the balance of being a modern royal, following in his mother’s path September 15, 2022 In his mother, King Charles III has a model, but it will be a constant balancing act ahead.
See The Fire to fan the flames for bookmakers June 20, 2024 ANDREW Balding landed the Group One Coronation Stakes (3.45pm) with Alcohol Free for owner Jeff Smith three years ago, and the pair will be hoping lightning can strike twice on Friday afternoon. SEE THE FIRE is impeccably bred, by Sea The Stars out of Juddmonte International winner Arabian Queen, and she made a strong start [...]