Oil Slumps On Easing Fears Of Mideast Regional War
World oil prices sank Monday as traders hoped a region-wide conflict could still be avoided and Israel said its forces killed dozens of Hamas militants in clashes in Gaza.
HSBC Expresses Concerns About UK's Economic Outlook Despite a 240% Rise in Profits
HSBC, headquartered in London but primarily focused on the Asian market, announced pre-tax profits of $7.7 billion (£6.4 billion) for the third quarter spanning from July to September.
Recent Data Reveals House Prices Fall in Largest Slump Since 2009
Data from Zoopla shows there has been a 23 per cent reduction in housing sales so far this year compared to the same time last year.
US Fed Likely To Pause Again With Rates At 22-year High
The Federal Reserve will likely announce it is holding interest rates at a 22-year high on Wednesday, as it looks to tackle inflation without damaging the resilient US economy.
How businesses can lower costs for consumers
Transparent communication with customers about price changes and a continuous focus on cost analysis are essential components of a comprehensive strategy to lower prices during inflation while maintaining competitiveness.
Santander's Profits Soar 20% But Cautions Borrowers Of The Impending Impact Of High-For-Longer Interest Rates
Santander's profits rose by 20 per cent achieving an attributable profit of €8,143 million in the first nine months of 2023, but warn borrowers of the Impending impact of high-for-longer interest rates.
Global Stocks Mixed As China Stimulus Lifts Asia
Global stock markets closed mixed on Wednesday as Wall Street tumbled while Europe made small gains -- and Asia rallied on China's plans to boost infrastructure spending.
What Does A 10% Rise In The Real Living Wage Mean For Struggling Low-Paid Workers?
A 10 per cent rise in the real living wage will be a "lifeline" for 460,000 workers struggling with low pay but minority ethnic workers are still disproportionately paid the lowest wages.
Inflation Grows Strong, But An Answer Grows Stronger
The National Achievers Congress is here to empower you with the knowledge and tools you need to conquer this financial challenge.
UK Economy at Risk of Recession as Business Activity Declines and Cost Pressures Ease
The preliminary reading of the S&P Global UK PMI for the services sector, often referred to as the "flash" PMI, fell to 49.2 in October from 49.3 in September.
UK Workers to Receive Pay Boost with New Real Living Wage
Approximately half a million employees employed by companies committed to the voluntary Real Living Wage are poised to experience a substantial increase in their earnings, bringing their minimum hourly wage to at least £12.
Starmer mocks Tories at PMQs over by-election losses – but faces growing pressure over Israel stance
Sir Keir has faced criticism since appearing to say Israel had the "right" to cut off water and energy to Gaza.
25 Conservative MPs are Considering Submitting Letters Expressing Lack of Confidence in Sunak's Leadership
Sunak is set to confront a critical challenge as he strives to advance the renters reform bill amid completing his one-year tenure as the UK Prime Minister.
UK Businesses 'Stuck in Reverse' in October, According to Recent Survey
The figures are worrying reading, as the Bank of England (BoE) prepares for its latest interest rate decision next week.
Strong US Earnings Lift Stocks As Oil Prices Retreat
Oil slid but most world stock markets rose Tuesday on a string of largely solid US corporate earnings, even as economic and geopolitical fears dog sentiment.
Strategize Against Your FOMO
If you were a calf and saw your entire herd stampeding off into the distance, you'd likely feel you should join in too.
Global Stocks Mixed As Markets Monitor US Bond Yields, Mideast Conflict
Global stocks were mixed Monday as markets monitored US Treasury yields and ongoing conflict in the Middle East, while awaiting key earnings and economic data later in the week.
Sunak Nears First Anniversary As UK PM With Little To Celebrate
A first anniversary in office is normally a moment for a leader to celebrate, but Britain's Rishi Sunak hits the milestone this week with a mountain to climb to retain power in a general election expected next year.
Global Stocks Fall After Fed Keeps Rate Hike Threat Alive
US stock markets fell Thursday after Federal Reserve chair Jerome Powell warned inflation is "still too high" despite a recent slowdown, leaving the door open for another interest rate hike if needed.
Oil Prices Rise, Stocks Slide On Fears Of Broader Middle East War
Oil prices rallied and global stocks fell Wednesday on fears that the Israel-Hamas war could spill over into a regional conflict, after a strike at a Gaza hospital dealt a blow to President Joe Biden's diplomatic drive.
Bulgaria Must Double Down on Rule-of-Law Reforms Before Eurozone Entry
Influenced by Russian propaganda, Bulgaria's pro-Kremlin parties are amplifying anti-euro disinformation. However, the country's ongoing rule of law problems render it unfit for immediate euro adoption.
UK Inflation Resists Expected Slowdown in September Amid Rising Oil Prices
CPI reported a year-on-year increase of 6.7 per cent, maintaining the same pace as the previous month, contrary to economists' predictions of a dip to 6.6 per cent.
Average Pay Growth Rises Above Inflation for the First Time in Almost Two Years
The figures show that between June and August of this year, wages rose at an annual rate of 7.8 per cent, higher than average inflation over the same three months.
Over 470 Million Small Electronic Items Discarded in the UK in the Past Year
The research reveals that more than 500 million budget-friendly electronic items were purchased in the UK in the past year, averaging a staggering 16 purchases per second.
Global Markets Stall As Oil Prices Pare Back Gains
Global stock markets stalled and oil prices flatlined Thursday, as a steady September inflation print renewed traders' concerns that interest rates will have to stay higher for longer to slow down price increases.
Israel-Hamas War A 'New Cloud' Over World Economy: IMF
The war between Israel and Hamas has cast a shadow over the IMF-World Bank annual meetings in Morocco, with warnings Thursday that it has darkened the outlook for an already sluggish global economy.
SAG-AFTRA and AMPTP Suspend Negotiations for Term Gaps
The Hollywood Performers Guild has been on strike since July 2023 to renegotiate a better deal between them and major media production studios.
Stock Markets Mixed Ahead Of US Inflation Report
US stocks ended the day higher and bourses in Europe were mixed Wednesday, while European gas prices hit six-month highs on supply constraints.
UK Businesses Ask For Help After Rise In Shoplifting
British businesses are seeking government help as shops suffer an unprecedented number of thefts and violence by criminal gangs, addicts and people struggling with a cost-of-living crisis.
Economic Challenges Mount as UK Retail Sales Slow Amid Rising Inflation and Global Uncertainties
The latest sales-monitor report from the British Retail Consortium has revealed a slowdown in retail sales growth in the UK for September. Despite a fall in inflation, the high cost of living continues to place pressure on households' budgets.