Savills boss claims that the commercial property market has suffered more in the last year than even during the global economic crisis. In 2023, the property agent’s profit collapsed as
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The growth of the Danish economy last year was almost entirely due to Novo Nordisk Pharmaceuticals, the company behind the weight-loss injection. Statistics from Denmark’s statistical agency reveal that the
Imports of energy, which are expensive, contributed to a larger trade deficit than anticipated at the beginning of the year. The official figures show that the UK’s trade deficit with
The Bank of England governor acknowledged that policymakers have a difficult time with inaccurate data. He admitted that he wished that they had accurate numbers on unemployment. Andrew Bailey said
After gaining the support of the majority of EU member states, new laws designed to enhance the rights of gig workers in the EU who are contracted by companies like
Think tank warns that the shift in welfare benefits following the pandemic discourages unemployed people from seeking employment. A surge in the number of benefits being paid to those who
Labour hired former Bank of England Governor Mark Carney, and Barclays boss to unlock billions of pounds of private investment. was forced to abandon a pledge to spend £28bn on
Brazil, Chile, and other major South American economies are calling on a US appellate court to reverse a record-breaking $16bn judgement against Argentina. The country was found to have violated
Jeremy Hunt has cancelled plans for a scheme which would have allowed first-time home buyers to enter the housing market with a 1pc down payment, only days after it was
If he wins the election, the PM will pledge to keep the Tory Party’s manifesto. If Rishi Sunak wins the next elections, he will keep the triple lock on pensions.
Jeremy Hunt has prepared an emergency Budget plan to scrap or reduce Britain’s non-dom tax rules in the event he needed to raise billions to fund pre-election mass-market tax cuts.
The first drop in food prices since September has occurred this month, providing further evidence that inflationary pressures will continue to ease throughout the year. According to NielsenIQ and the
Harvey Jones is not likely to be able to provide you with a new, upscale kitchen for a long time. The Body Shop will no longer be the best place
Dominic Raab warned that unless Western governments are able to break China’s stranglehold on critical minerals required for the green energy transformation, households will face higher bills. Former foreign secretary
Barclays’ chief executive has revealed a plan for reviving the bank’s share price, which is currently in decline. The plan is to invest £30 billion in Britain in order to
The Bank of England’s ex-chief economist has cautioned policymakers about the risk of damaging the economy by maintaining high interest rates for an extended period. Andy Haldane, who was chief
