City comment: The sharp decline in residential building is a relief to homeowners… but a big problem for those trying to get on the property ladder
The data “will send a chill down the spine of the UK economy”, economist Dr John Glen said
Any cut in interest rates has been pushed further into the future after worse-than-expected UK inflation figures were published
City comment: progress on gender diversity appears to be glacially slow
City comment: London will be a major contributor to the levelling-up the Government is so keen to achieve
The UK’s 8.7% CPI figure in March compares with 7% in the eurozone and 4.9% in the US
City comment: Markets are losing faith in the Bank of England’s strategy
City Comment: It’s not the Nineties again, but repossessions tell us a lot about the level of serious debt pain in the economy
Six-year-olds saw the biggest rise in their pocket money, receiving £3.94 per week
Bailey said the only way to have prevented soaring inflation would have been to hike rates “well into double-digits” at the height of the pandemic
Businesses are urging the prime minister to reinstate tax-free shopping for tourists
The unemployment rate for the January to March quarter rose 0.1% to 3.9%
The findings will likely trigger further claims that big companies are profiting off the cost-of-living crisis via ‘greedflation’
City Comment: The GDP graph is now barely flickering, but remarkably few people are involuntarily out of work
All eyes on Threadneedle Street at noon on Thursday as thousands of mortgages and loans track the base rate
City comment: They might look the same to economists, but a Coronation is a lot more fun than a train strike
Occupancy picked up steam in the post-Easter period
Some jobs could be lost in the deal, but Deutsche said these losses are “not expected to be material”.
However, investors may take confidence from elsewhere in Europe, as France and Italy both returned to growth
Cap10 agrees to buy Sureserve, while a new bid emerged for Network International
City comment: Bad things happen when bread prices soar
Today’s disappointingly small drop inflation sent economists scrambling to revise their forecasts
There were 2,457 companies declared insolvent last month
City Voices: There is now a clear choice about how to unlock the next chapter of innovation
City Comment: Growth companies regard a London listing as an expensive faff
London has the highest rate of ‘Nepo workers’ in the UK
Zero growth in latest GDP figures casts a shadow on the economy
Headline CPI fell by more than expected, but more interest rate hikes are still likely
Apollo had already submitted four previous bids, which Wood’s board say “undervalue the group”
The CEO of America’s biggest bank said the US Federal Reserve should take some of the blame for the sector’s recent troubles
City Comment: The huge influx of foreign money that flooded into London in the wake of Big Bang marked the start of a Golden Age for the capital
