According to a BritishAmerican Business trade association, tax has surpassed political stability as the number one reason US companies cite for not wanting to invest in the UK. The index
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A closely-watched survey revealed that the UK private sector’s economy grew faster than expected, and inflation dropped to its lowest level in three and a half years this month. This
The pound will rise to its highest level against the US Dollar in over two years due to the optimism surrounding the UK economy, and the greater political stability of
Rachel Reeves will be courting Wall Street titans in an attempt to boost US investments in the UK next month. The chancellor plans to visit New York early in August
Lord Harris of Peckham, who built Carpetright from the ground up 35 years ago, has signed a multimillion pound deal in order to save it. Tapi, a rival flooring chain
The boss of Longchamp, who called for the reinstatement of tax-free shopping in Britain, warned that Britain was losing out on tourists with high spending habits. Jean Cassegrain said that
The UK wage growth in May slowed to its lowest level in the past two years, amid a cooling job market. This highlights the challenges facing the Bank of England
The Bank of England is debating whether or not to reduce interest rates in the next month. This slowdown in wage growth in Britain in May was the lowest in
The pound reached a new high against the US dollar, as traders re-wrote their bets about a rate cut by the Bank of England in the next month. The pound
The International Monetary Fund upgraded its growth forecasts for the UK’s economy in this year. This is a major boost to the Labour Government, just weeks after the General Election.
Goldman Sachs’ chief executive hailed “the early innings of a recovery in capital markets and M&A” after the investment firm announced that its quarterly profit more than doubled from the
One of Bank of England’s doveish rate-setters called for interest rates to be cut in order to reduce the cost of living, and because inflation is on a “firm downward
One of the leading rating agencies in the world has warned that the UK’s high level of debt and its “constrained” fiscal future remain a weakness for the country’s sovereign
After President Emmanuel Macron’s snap legislative election resulted in a hung Parliament, France’s corporate leaders prepare to say goodbye to a decade of business-friendly conditions. On Sunday, many executives breathed
The EU has plans to charge customs duties on low-cost goods. This could affect imports from online retailers, and a London listing that was hoped for by fast-fashion seller Shein.
Although the private sector grew faster than originally estimated, domestic spending “stopped up” after the election as people delayed their purchases. The composite purchasing manager’s index, compiled jointly by S&P
