Firms’ inflation fears highest in two years amid interest rate hold Economics Firms’ long-term inflation fears are at their highest level since the end of 2023, a Bank of England survey revealed on Thursday, prompting the majority of Monetary Policy Committee (MPC) members to vote for interest rates to be held. On an average reading in the three months to October, business leaders’ inflation expectations for the [...]
Income tax raid tops Brits’ list of Budget fears Economics Brits are more fearful of an income tax raid at the Budget than a rise in VAT or stricter rules on inheritance, a survey has found, with mounting speculation now weighing on people up and down the country. Rachel Reeves has signalled that she will raise taxes next month despite saying last year she would [...]
Consumer confidence remains downbeat amid Budget wariness Economics A small lift in consumer confidence over October has failed to take a leading index into positive territory amid fears that the upcoming Budget could damage personal finances. Labour has made boosting living standards a central mission in government while Chancellor Rachel Reeves has recently talked up plans to lower the cost of living for [...]
New labour force survey could be delayed to 2027 amid falling participation December 3, 2024 Since the pandemic, the ONS has struggled with falling response rates to its flagship labour force survey (LFS), which has raised questions over the accuracy of its data.
London was voted best place to work – but play matters too April 25, 2024 This time next week, London will be voting for its Mayor. It has not been a vintage campaign but perhaps the negativity apparent across the political spectrum may soon give way to some optimism about the capital’s prospects. A closely watched annual survey pegged London as, again, the best place to work. And indeed play. [...]