Recession fears grow for UK as ONS inflation figures show highest level in 40 years
The ONS has found UK inflation reached 10.1 percent in September, just one week after a similar report found GDP had shrunk by 0.3 percent, sparking discussions about a potential recession. Daily Express :: City and Business Feed More...
Cash crisis prompts ‘freeze’ on our fresh food spending
SHOPPERS are shifting from fresh to frozen food and buying less to beat the squeeze on incomes, according to market research group NielsenIQ. Daily Express :: City and Business Feed More...
Asos falls out of fashion with the market over credit talks
The retailer told shareholders it was “in the final stages” of agreeing to an amendment to its financial covenants for its revolving credit facility. Daily Express :: City and Business Feed More...
Pound LIVE: Hunt hands Truss lifeline as Sterling hits 12-day high against Euro
The pound hit 1.1646 Euros on Tuesday after the Chancellor outlined his economic plans, making a dramatic U-turn on the government’s unfunded tax cuts. Daily Express :: City and Business Feed More...
Every Kwasi Kwarteng mini-budget proposal overruled by Jeremy Hunt
Jeremy Hunt, now less than one week into his new role as Chancellor, will address the UK again today after he laid out the Government’s plans for dealing with shock dealt to the markets by his predecessor’s More...
Soaring mortgage rates: The average two-year fixed rate mortgage ticked up to 6.47%
ONE of the impacts of the market mayhem following the mini Budget has been soaring mortgage rates. Daily Express :: City and Business Feed More...
Easyjet experiences a third year of turbulence
EASYJET is staring down the barrel of its third consecutive annual loss. Full-year losses are due to come in between £190million and £170million. Daily Express :: City and Business Feed More...
Pound LIVE: Sterling rises as Jeremy Hunt prepares to reverse more of Truss’s fiscal plan
The Chancellor will make a statement later today, bringing forward measures from the Medium-Term Fiscal Plan that will support fiscal sustainability, the Treasury confirmed on Monday morning. Daily Express :: City More...
Oil price bounce: Crude up as strength of US dollar eases – ‘Rebounding opportunity!’
Oil prices increased by around one percent after witnessing a decline last week. Daily Express :: City and Business Feed More...
‘Not enough’: Another jittery day in markets despite tax plans being scrapped
The pound and government bonds were again under pressure despite the Prime Minister’s decision to reverse her corporation tax plans. Daily Express :: City and Business Feed More...
