Bank of England survey: Default rates continue rising in 2023 – but at slower pace January 18, 2024 According to bank responses to the Bank of England's quarterly credit conditions survey, default rates on secured lending - which includes mortgage lending - increased in the final quarter of 2023.
Why December’s inflation surprise is not a moment to panic January 17, 2024 How worrying are December's inflation figures for the Bank of England? And what does it mean for when interest rates will start being cut?
Inflation picks up to surprise four per cent on higher tobacco prices January 17, 2024 The figures come just a day after new data showed that wage pressures had eased significantly in the second half of last year.
How will the Bank of England change its approach on interest rates after wage growth falls again? January 16, 2024 Annual wage growth of 6.5 per cent may still sound like a lot, but a look underneath the hood suggests that wage growth is slowing fast.
Financial deals set for rate-fuelled rebound from nine-year low, EY says January 16, 2024 Mergers between financial services firms could be set for a rebound this year despite UK deals slumping to a nine-year low in 2023, EY has said.
UK bosses much more optimistic about 2024 than last year, PwC survey suggests January 15, 2024 PwC's annual global CEO survey showed that 39 per cent of UK bosses expect the economy to improve in 2024, up from just nine per cent last year.
Sykes Seafood’s sales jump by £100m as headcount grows – but profits narrow January 15, 2024 Turnover jumped by more than £100m at Sykes Seafood during its latest financial year which also saw its headcount spike.
Inflation set to fall – but fears Red Sea crisis could push prices higher take hold January 15, 2024 December's inflation data will be released amid widespread concern that an escalation of conflict in the Middle East could see a resurgence in inflation.
Bailey: Household finances ‘nowhere near as stressed’ as during financial crisis January 10, 2024 Bailey pointed to a couple of mitigating factors which had protected households from the rise in interest rates.
Don’t be fooled by data quirks, sky high interest rates are hurting Brits January 10, 2024 Higher interest rates are good news for some, but we should not let that distract from the overwhelming reality, writes Kevin Ferriter.