Bank of England finance panel suggests wage growth won’t budge next year, but inflation will fall November 30, 2023 "Expected output price inflation has been gradually falling over the year," the survey noted.
It starts with a plan: COP28 and the transition to a net zero economy November 30, 2023 Political and business leaders, along with scientists and many others, are gathering in Dubai for the COP28 UN climate summit to focus on the urgent need for a rapid transition to a lower-emission world. To ensure that we don’t exacerbate existing social inequalities, we also need to ensure this transition is “just”. In other words, [...]
London takes business crown as confidence hits highest since early 2022 November 30, 2023 New data from the Lloyds Business Barometer showed that business confidence in London rose nine points to 56 per cent in November.
Hunt hits back at claims his tax cuts rest on a ‘fiscal fiction’ November 30, 2023 "The way that we fund our public services over the medium is by having a healthy growing economy," Hunt said.
‘Realist’ Bailey says Bank of England is ‘getting sleeves rolled up’ to tackle inflation November 29, 2023 In an interview with the Daily Staffordshire, the Bank's governor said "we are not in a place now where we can discuss cutting interest rates."
Household borrowing dips as higher rates ‘percolate’ through UK economy November 29, 2023 Consumer borrowing fell in October in the latest indication that higher interest rates are weighing down on demand in the economy.
OECD: UK economy faces “urgent” challenges as growth downgraded and inflation remains high November 29, 2023 New forecasts from the Organisation for Economic Co-operation and Development (OECD) project the UK economy to grow at 0.7 per cent next year and 1.2 per cent in 2025.
Our theories of growth are broken — ‘do good’ businesses will boost Britain November 29, 2023 We've exhausted the other options for growth, it's time to embrace a purpose-led economy, writes Andrew O'Brien.
Hawkish Bank officials warn hot labour market means ‘higher rates for longer’ November 28, 2023 Markets think that the Bank will start to unwind its historic run of interest rate rises next summer.
Government ‘does not have any spending plans’ after March 2025, OBR chief says November 28, 2023 MPs scrutinised the OBR after its latest round of forecasts.