Changing jobs might no longer mean a pay rise as salary hikes slow March 11, 2024 Starting salary inflation eased to its slowest rate in nearly three years, a closely watched survey showed, in the latest indication that slack is building in the jobs market.
Market insights: Five forces impacting FTSE 100 today March 11, 2024 Asian markets stumbled while China celebrated its exit from deflation with rising consumer prices. Bitcoin briefly soared to $70,000, attracting global attention. Investors are now closely monitoring the UK GDP and U.S. inflation reports, pivotal factors influencing global economic trends.
China breaks deflationary chains with February surge in consumer prices March 11, 2024 China saw its first instance of inflation in February after enduring four consecutive months of deflation.
US inflation top of the agenda with Fed interest rate cuts ‘not far’ away March 10, 2024 Inflation has fallen sharply across many advanced economies, but central banks have so far been unwilling to cut interest rates when they are not absolutely certain that inflation is under control.
Why the nickel market is suffering on a consumer steer away from EVs March 10, 2024 This glut of nickel has pushed the price down, Shah said, adding that prices will “remain under pressure throughout 2024.”
Will the mined diamonds industry collapse due to lab-grown gems? Some say it ‘already has’ March 9, 2024 Around 90 per cent of people choosing an engagement ring at London Diamonds in the last two years have chosen lab grown
Moving markets: Five things shaping the FTSE 100 today March 8, 2024 Asia follows Wall Street's upward trend, with gold eyeing its best week in five months and oil prices climbing. Investors eagerly await the U.S. non-farm payrolls report, which is set to influence market sentiment and decisions ahead.
Fact-checking Jeremy Hunt’s Spring Budget: Who are the real winners and losers? March 7, 2024 "I want to make a start on bringing down taxes. I’ve never said for one moment that I can bring them right down all in one go," the Chancellor told BBC Radio 4’s Today programme.
ECB keeps interest rates at record level as concerns over inflation persist March 7, 2024 Figures out last week showed that inflation across the bloc fell to 2.6 per cent in February. While this was down from 2.8 per cent in January, it was higher than the 2.5 per cent expected by economists.
Pay growth set to stay high in blow to Bank of England interest rate cut hopes March 7, 2024 The Bank’s most recent Monetary Policy Report suggested that there needed to be a “moderation in pay pressures” to bring down services inflation, a key gauge of domestic inflationary pressures.