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UK companies fail at fastest rate since financial crisis

January 18, 2023January 31, 2023 - by admin - Leave a Comment

The number of companies going bust in the UK has reached its highest level since the financial crisis in 2009 as soaring inflation costs, rising interest rates and the stalling …

UK companies fail at fastest rate since financial crisis Read More
Business

US January Conference Board consumer confidence 107.1 vs 109.0 expected

January 16, 2023January 31, 2023 - by admin - Leave a Comment

Prior report was 108.3 Present situation index 150.9 vs 147.2 prior Expectations index 77.8 vs 82.4 prior 1 year inflation 6.8% vs 6.7% prior (prior revised to 6.6%) Jobs hard …

US January Conference Board consumer confidence 107.1 vs 109.0 expected Read More
Business

FOMC to hike 25 bps on Wed and Powell to stick to 5.1% peak – Barclays

January 13, 2023February 1, 2023 - by admin - Leave a Comment

Barclays Research discusses its expectations for this week’s FOMC policy meeting. “All eyes are on next week’s FOMC meeting. As is widely anticipated, we expect the FOMC to again slow …

FOMC to hike 25 bps on Wed and Powell to stick to 5.1% peak – Barclays Read More
Business

Will base rate peak this week? BoE set to hike to 4% on Super Thursday

January 12, 2023January 31, 2023 - by admin - Leave a Comment

When will the base rate peak? Bank of England set to hike to 4% on ‘Super Thursday’ as it edges closer to the end of rate rises to fight inflation …

Will base rate peak this week? BoE set to hike to 4% on Super Thursday Read More
Business

Live news: US labor costs rise less than forecast in fourth quarter

January 12, 2023January 31, 2023 - by admin - Leave a Comment

UK households face an extra £788 on their annual shopping bills as grocery costs continued to mount in January, indicative data by market researcher Kantar has found. Grocery price inflation …

Live news: US labor costs rise less than forecast in fourth quarter Read More
Business

If the IMF is right, the Tories owe Liz Truss an apology

January 8, 2023January 31, 2023 - by admin - Leave a Comment

Hats off to minister James Cartlidge for a courageous Commons performance on the day the IMF said our economy will shrink. A handsome fellow with strong hair, his website says …

If the IMF is right, the Tories owe Liz Truss an apology Read More
Business

When good economic news may not be good news

January 5, 2023January 31, 2023 - by admin - Leave a Comment

Has the time come to slow the monetary tightening or even reverse it? That the answer to these questions is “yes” is becoming an increasingly common view. Markets are certainly …

When good economic news may not be good news Read More
Business

Eurozone avoids recession as economy expands in fourth quarter

January 5, 2023January 31, 2023 - by admin - Leave a Comment

The eurozone economy grew in the final quarter of 2022 despite economists’ predictions of a downturn, boosting hopes that the region will avoid a recession. Milder weather and government support …

Eurozone avoids recession as economy expands in fourth quarter Read More
Business

It’s not (yet) too late for Hunt to save our grandchildren from destitution

January 2, 2023February 1, 2023 - by admin - Leave a Comment

Stop talking the country down, the Chancellor said last week. Jeremy Hunt wants us to acknowledge that economic growth will soon be fired up once more, even if we need …

It’s not (yet) too late for Hunt to save our grandchildren from destitution Read More
Business

Mortgage approvals at lowest level since early months of pandemic | Business News

January 1, 2023January 31, 2023 - by admin - Leave a Comment

The number of new mortgages approved has dropped for the fourth month in a row, to a low not seen since the early days of the pandemic. Mortgage approvals fell …

Mortgage approvals at lowest level since early months of pandemic | Business News Read More

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