Latest in UK business activity shrinks for first time in a year as confidence in Labour falls
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UK business activity shrinks for first time in a year as confidence in Labour falls
Many companies report worsening conditions following rise in employers’ national insurance contributionsBusiness - Financial Times - Yesterday -
FirstFT: Partner pay at US law firms hits record levels
Also in today’s newsletter, US backs huge lithium mine and Canada cuts immigration programmeWorld - Financial Times - October 25 -
Rachel Reeves ‘not satisfied’ with summer slowdown as UK slips down G7 growth leaderboard – business live
Latest UK GDP growth report shows UK grew by just 0.1% in July-September, a slowdown on the first half of the year. Bank of England governor says Brexit has undermined UK economy Luke ...World - The Guardian - November 15 -
Wholesale inventories fall for first time in six months in sign of business caution
Wholesale inventories fell 0.2% in September to mark the first decline in six months, reflecting caution on the part of businesses until they get more clarity on the direction of the U.S. economy.Business - MarketWatch - November 7 -
UK consumer and business confidence weaken ahead of Budget
Indices hit lowest levels this year as Britons ‘hold their breath’ for tax rises on October 30Business - Financial Times - October 24 -
UK’s Labour just unveiled its first budget in 14 years – what is in it and will it work?
Chancellor’s solutions to improving economy and public services will be a radical change for country. Britain’s new government delivered its first budget on Wednesday setting out its plans for ...World - The Guardian - October 30 -
UK consumers in ‘a despondent mood’ ahead of the budget; pound on track for worst month in a year – business live
People holding ‘their breath’ to see what’s in store for them in Rachel Reeves’s first budget, reports GfK. Budget will reverse huge cuts in UK’s public investment, Reeves confirms Fewer ...World - The Guardian - October 25 -
Rachel Reeves: The chess fanatic playing Labour's first big gambit
Profile of the UK's first female chancellor as she prepares to deliver first Labour Budget in 14 years.Top stories - BBC News - October 25 -
Bitcoin breaks $82,000 for first time on Trump trades; UK government sells £1bn of NatWest shares – business live
Cryptocurrency more than doubles since January on hopes of lighter regulation; latest share sale takes UK Treasury’s holding in NatWest to 11.4%. Kemi Badenoch has said it is “extremely ...World - The Guardian - November 11 -
Public sector pay rises and debt interest costs push up UK government borrowing; Bitcoin nearing $100,000 – business live
UK records the second highest October borrowing since 1993, while crypto-friendly Trump pushes bitcoin towards $100k. The jump in UK borrowing last month ( see opening post ) makes it hard for ...World - The Guardian - 2 days ago -
Fresh weather warnings as UK hit by cold snap
Fresh warnings of snow and ice announced for parts of the UK going into Thursday and the weekend.Top stories - BBC News - 3 days ago -
Chinese factory activity expands for first time in six months
Beijing set to unveil fiscal stimulus focused on struggling local governments next weekBusiness - Financial Times - October 31 -
100-year-old Royal Air Force veteran will join UK memorial service for the first time
Michael Woods has visited his wife, Mary, every day since she moved into a nursing home two years agoWorld - ABC News - November 9 -
Prime UK office and shopping centre values rise for first time in 2 years
Two big London landlords say portfolio valuations improving as rents rise and rates fallBusiness - Financial Times - November 15 -
Personal luxury goods market to shrink for first time since the 2008 financial crash, research finds
The personal luxury goods market looks set to face its first slowdown since the Global Financial Crisis, excluding the Covid period, a new report showed Wednesday.Business - CNBC - November 13 -
No mojitos and no lights: Cuba’s tourism industry fights losing battle
Power cuts and shortages of basic items plague Communist-ruled island’s vital sectorWorld - Financial Times - 11 hours ago -
Ex-Barclays chief John Varley pulled back into fight to clear bank’s name
Financial Conduct Authority fined lender £50mn over 2008 emergency fundraisingWorld - Financial Times - 3 hours ago -
Germany accuses Azerbaijan of backing oil and gas hijack of COP29
Saudi Arabia and Russia attempt to block progress on the shift from burning fossil fuelsWorld - Financial Times - 2 hours ago -
One thousand UK workers to join first four-day week trial under Labour
Pilot scheme said to have ‘groundbreaking’ potential for the hospitality industry. One thousand workers in the UK will get extra time off with no loss of pay in the first official pilot by the ...World - The Guardian - November 4 -
Shares in UK retailers fall as sector counts cost of NICs tax rise – business live
Rolling coverage of the latest economic and financial news. Tariffs, tech and Taiwan: how China hopes to Trump-proof its economy . Yesterday’s cut to UK interest rates doesn’t seem to have ...World - The Guardian - November 8 -
China's factory activity expands for the first time since April, official survey shows
China's official purchasing managers' index for October came in at 50.1, according to National Bureau of Statistics data released Thursday.Business - CNBC - October 31 -
NFL inactives Week 10: 49ers RB Christian McCaffrey active for first time in 2024 season
Here's everything you need to know injury-wise for Week 10.Sports - Yahoo Sports - November 10 -
Cowboys CB DaRon Bland practicing fully for first time in weeks, 'confident' he'll play in 2024
The 2023 NFL interceptions leader continues to push to return from a foot injurySports - CBS Sports - Yesterday -
China’s kindergarten numbers shrink as policymakers struggle to arrest falling birthrate
Various measures designed to encourage people to have more children have had limited success. The number of kindergartens in China fell by more than 5% last year, the second year in a row that ...World - The Guardian - October 28 -
‘They don’t understand business’: corporate Britain cools on Labour
Chancellor Rachel Reeves attempts to win back support for her party after rocky early monthsBusiness - Financial Times - 6 days ago -
UK ministers accused of £2.7bn ‘backdoor hike’ in business rates
Chancellor will taper relief for thousands of shops, pubs and restaurants over next two yearsBusiness - Financial Times - 19 hours ago -
ETFs are becoming an active choice for UK investors
Globally, actively managed ETFs have captured a quarter of flowsWorld - Financial Times - November 14 -
Charities, universities and GPs warn NI tax rise will hit jobs and services
Funding boost will be wiped out by cost of meeting higher employer levy, say contracted service providers and education bodiesBusiness - Financial Times - November 1 -
Rachel Reeves defiant after historic tax and spend Budget
Verdict of markets will be critical for UK chancellor’s plans to increase government borrowingBusiness - Financial Times - November 1 -
Ukraine fires UK-made missiles into Russia for first time
Storm Shadow missile attack comes day after Kyiv used US-supplied long-range weapons to strike within Russia. Russia-Ukraine war – latest news updates Ukraine has fired UK-made Storm Shadow ...World - The Guardian - 2 days ago