More retail misery as Brits’ spending shrinks to lowest level in three years June 4, 2024 May proved to be another miserable month for retailers, as cash-strapped Brits said no to treating themselves in the face of rising bills and unfavourable weather.
FTSE 100 today: London markets set for muted open ahead of ECB rate cut decision June 4, 2024 Doubts about US exceptionalism drive Asian market decline. UK spending slows in May. Investors watch ECB and BOC policies.
Stealth tax raid to cost City workers £14k each by 2028 June 3, 2024 "The tax rises that happened as a result of the pandemic and the energy shock – these two giant shocks – will stay for their allotted time period," Hunt told the BBC.
Manufacturing activity jumps to highest level in over two years June 3, 2024 The survey showed that the upturn in activity was broad-based by both sub-sector and company size.
Pubs with rooms drive up revenues at London and south west pub group June 3, 2024 Pub owner Liberation Group has revealed “record” sales for the year, helped by growing demand for its accommodation services.
Monzo posts first annual profit as digital bank targets European expansion June 3, 2024 Monzo has reported its first annual profit since it launched in 2015, with the digital challenger bank enjoying record growth and unveiling plans to expand into Europe.
FTSE 100 today: London markets set to open higher on growing rate cut bets June 3, 2024 Asian stocks climb on rate cut hopes, oil prices dip despite OPEC+ extension. Eyes on ECB, BOC policy decision and US non-farm payroll data.
Election 2024: Sunak pledges cash to towns as Starmer pitches ‘wealth creation’ June 1, 2024 In the Times, Sir Keir has pitched to the middle class and the middle ground as he told the paper his “number one mission is wealth creation”.
Sunak: ‘The plan is working’… But what is the plan? May 31, 2024 Morning Wire has had a look at what Sunak and Hunt have been saying and doing over the past couple of years, pulling together what can, with a bit of squinting, be described as a plan.
UK business confidence jumps to highest level since Brexit referendum May 31, 2024 Hann-Ju Ho, senior economist at Lloyds, said the results "highlight a notable improvement in business confidence."