Retail sales volumes across the United Kingdom recorded an unexpected contraction of 0.1 percent in November, according to data released by the Office for National Statistics. The figures defied City
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The United States Federal Reserve has cut its key interest rate by a quarter of a percentage point, shifting the benchmark rate to a range of 3.5 to 3.75 per
Mark Gaskain’s family has cultivated fruit on the chalk hills above Chilham in Kent for four generations, but now the fields pickers walk are filled with vines rather than orchards.
Retail giant Next has sounded the alarm on the UK’s economic outlook, stating that the nation faces a prolonged period of slow growth due to mounting tax burdens and tightening
Investment sentiment is experiencing a significant transformation as global investors increasingly distance themselves from US stocks and the dollar during President Trump’s second term, according to Bank of America’s latest
The Bank of England’s chief economist, Huw Pill, has raised concerns that cutting interest rates too soon might sustain inflation at higher levels for longer. Speaking at a Barclays event,
US equity markets resumed their sharp downturn, plunging after a brief midweek rally. Investors reacted negatively to President Trump’s inconsistent trade tariff policies, leading to a significant drop in major
The price of gold has unexpectedly fallen further after reaching record highs last week, as investors were compelled to sell off the precious metal to cover losses in other areas
Europe is experiencing yet another pivotal moment reminiscent of past economic crises. This time, the catalyst is a significant investment strategy introduced by incoming German Chancellor Friedrich Merz, who has
The rate of consumer price inflation in the UK has fallen unexpectedly, dropping from 3 per cent to 2.8 per cent in February. This adjustment is primarily attributed to a
Institutional investors are rapidly divesting from the pound in the lead-up to Chancellor Rachel Reeves’s spring statement, set to unveil significant fiscal policy changes. The abrupt shift comes as investors
British consumer confidence has hit its lowest point in 11 months, plunging 40 points since the summer general election, according to the latest British Retail Consortium (BRC) survey. The monthly
The Bank of England might need to implement between five to six interest rate cuts over the coming year, according to a key policymaker who has voiced concerns about the
Leading central banks have delivered a stark warning to markets, indicating that inflation’s persistence will lead to a more gradual approach to interest rate cuts in 2025. This cautious stance
More than 4.4 million British homeowners are bracing for significant increases in their mortgage payments over the next three years, according to a stark warning from the Bank of England.
