Sterling soars to multi-year highs as investors flock to ‘safe haven’ UK July 12, 2024 Higher interest rates benefit domestic currencies, because international investors are able to earn a higher return on their investments.
FTSE 100 today: London markets set for third consecutive day of gains July 12, 2024 Asian stocks slipped as US tech shares fell, and the two-year Treasury yield dropped to a four-month low. Focus on US producer prices.
Economy back on track as GDP beats expectations in May July 11, 2024 Labour has said generating economic growth will be a "national mission".
FTSE 100 today: London markets set to open higher on strong GDP growth data July 11, 2024 Asian markets followed US's rally, with Chinese stocks rising due to new short-selling restrictions. UK GDP, US CPI and Jet2's results eyed.
Labour has secured a resounding win – now the real challenges start July 10, 2024 As the now-Prime Minister and his advisors will be painfully aware, if he wants to secure a successful first term, the time to act is now.
Build, Baby, Build: Rachel Reeves has shown she’s serious about growth July 10, 2024 In announcing a suite of planning reforms in her first speech as Chancellor, Rachel Reeves has addressed the biggest barrier to growth in Britain today, says Iain Mansfield The new Chancellor is serious about growth. By putting planning front and centre of her first speech, Rachel Reeves addressed the single biggest obstacle to economic growth [...]
FTSE 100 today: London markets set to open higher ahead of BOE’s Pill and Mann speeches July 10, 2024 Asian markets are mixed as investors digest inflation reports from China and Japan. Attention is now on speeches by Fed and BOE policymakers.
Reeves will be more hands on with the economy than the last Chancellor July 9, 2024 Reeves's endorsement for adopting an industrial strategy is a radical break from the past, Chris Dorrell writes
Homebuilder Vistry boosts output target as cost inflation softens July 9, 2024 Vistry announces strong first-half results
Pagegroup slashes more roles as recruiter feels the pain of slow rebound July 9, 2024 Pagegroup said that tighter recruitment budgets have led to companies becoming more risk averse to new hires, which has slowed the recruitment process.