IMF: Germany to be weakest major economy in 2024 while UK downgraded again January 30, 2024 In 2025, the IMF expects growth in the UK to pick up to 1.6 per cent, predicting that disinflation would allow "an easing in financial conditions" and real income growth.
Big companies at risk as nearly a fifth of listed firms issue profit warnings in 2023 January 29, 2024 In the final quarter of last year, listed companies issued 77 profit warnings according to EY's profit warnings monitor.
Bank of England to leave interest rates on hold as UK economy teeters on brink of recession January 29, 2024 The Bank of England will likely leave interest rates on hold for the fourth time in a row when it meets on Thursday this week, economists have said, as the UK economy teeters on the brink of recession.
Central banks to take centre stage in busy week for markets January 28, 2024 Central banks will be back in focus this week with investors awaiting rate decisions from both the US Federal Reserve and the Bank of England.
Six graphs that explain the UK economy ahead of Bank of England’s interest rate decision January 25, 2024 Markets are convinced that a rate cut is coming, likely in the first half of this year. So far, the Bank has not been persuaded.
‘Mixed picture’ for London firms as two thirds worry inflation will dampen progress January 24, 2024 Growing concern over the impact of higher interest rates and inflationary pressures came despite the fairly rapid drop in inflation seen at the end of 2023.
UK economy off to ‘promising start’ in 2024 but firms reveal impact of Red Sea crisis January 24, 2024 The survey measures business activity in the private sector. Anything above 50 indicates business activity is expanding.
Will lower inflation deliver the windfall the Chancellor Hunt is hoping for? January 23, 2024 But hang on. It was not that long ago that borrowing was coming in lower than expected because inflation was higher.
Falling inflation helps government borrow much less than expected in boost for tax cut hopes January 23, 2024 The latest round of figures come as the government lines up its latest round of tax cuts, which are likely to be announced in the Spring Budget.
London renters need 209,000 new homes as government told it has ‘huge task on hands’ January 22, 2024 Some 209,000 new rental homes will be needed in London by 2031 to help deal with the capital’s shrinking pool of housing.