Rising costs fail to keep Brits from their cups of tea as Clipper owner posts record sales May 14, 2024 Rising inflation has failed to get in the way of the British public and their cups of tea after the company behind Fairtrade brand Clipper reported record sales.
Higher wage growth has not fuelled inflation – but it will if productivity does not improve May 13, 2024 Despite stronger real wage growth, productivity - which measures workers' output per hour - has actually deteriorated in the past year.
Poundland’s profit slashed despite sales rising by £200m May 13, 2024 Poundland's profits were slashed by almost £33m during its latest financial year despite its sales rising by nearly £200m, it has been revealed.
Banks divided: Interest rate decision sparks debate over timing – June or August? May 10, 2024 Investment banks are divided on when the Bank of England (BoE) may execute its initial rate cut.
Dovish Bank of England opens the door to interest rate cuts May 9, 2024 "Its likely that we will need to cut Bank Rate over the coming quarters…possibly more so than currently priced into market rates," Bailey said.
Bank of England predicts growth tailwind as impact of interest rates wanes May 9, 2024 The Bank of England's new forecasts show inflation falling to target earlier than its last round in February.
Bank of England holds interest rates again but June cut on the cards May 9, 2024 The Bank of England voted to hold interest rates at 5.25 per cent.
UK to bid recession farewell as debate over state of the economy heats up May 7, 2024 New figures out this week are set to show that last year's shallow recession has come to an end as political debate about the state of the economy heats up.
The markets are wrong. Bank of England interest rate cuts are on the way May 7, 2024 In a huge swing, markets are now only fully pricing in one rate cut by the Bank of England for 2024. But Chris Dorrell argues that, as things stand, more cuts are likely
Bank of England to hold rates again – but it could signal a summer cut is on the cards May 6, 2024 The Bank of England is set to leave interest rates on hold again on Thursday, but policymakers could signal a willingness to cut rates in the near future if inflation continues to fall.