Exclusive: Top economists forecast Bank of England to cut rates as soon as March December 28, 2023 The Bank of England is tipped to start cutting interest rates as soon as March, according to a City A.M. poll of top economists, as the central bank faces mounting criticism for being too hawkish in its monetary policy.
Retail sales growth exceeds expectations on back of Black Friday December 22, 2023 Retail sales grew stronger than expected last month as shoppers snapped up Black Friday bargains and bought Christmas presents, according to official figures. The Office for National Statistics (ONS) revealed that retail sales volumes increased by 1.3 per cent in November. It was ahead of the predictions of economists, who had forecast 0.4 per cent [...]
Domino’s Pizza: Eurasia shareholders reject takeover offer from Jubilant Food December 21, 2023 Domino's Pizza Eurasia is understood to be open to takeover but wants the firm to increase its offer price.
Nightmare before Christmas? Nearly 4,500 UK retailers are in ‘critical financial distress’ December 21, 2023 Nearly 4,500 UK retailers are in “critical financial distress” during the sector's ‘Golden quarter’ due to weak Christmas sales performances.
Inflation falls to 3.9 per cent as lower food and petrol prices ease pressure on Bank of England December 20, 2023 The data comes amid continuing debate about when the Bank of England will start cutting interest rates.
US inflation: Consumer prices unexpectedly rise in November as Fed likely to hold rates December 12, 2023 Core prices, excluding volatile items like food and energy costs, also came in line with economists' expectations, rising four on an annual basis.
Bank of England, Federal Reserve and ECB expected to keep interest rates on hold this week December 11, 2023 The Bank of England will likely hold interest rates for the third time in a row on Thursday, according to economists.
Square Mile and Me: Harry Hyman on building Primary Health Properties – and his love for the opera December 7, 2023 Harry Hyman, CEO of Primary Health Properties, tells us about his career, opera and working with his family.
Saudi-owned Champions League, obesity crisis and EU wealth tax: Danish bank’s ‘outrageous’ 2024 predictions December 5, 2023 Saxo Bank has published the latest in an annual series of "outrageous predictions" for next year, including a global Champions League owned by Saudi Arabia, a health crisis triggered by obesity drugs and a two per cent EU wealth tax.
Brits to cough up an £100 extra on festive treats this Christmas December 5, 2023 Cash-conscious Brits are loosening their purse strings in the run-up to Christmas as they prepare to spend an extra £100 on festive food and activities.