The obsession with housing wealth in the UK is damaging the UK economy, or so finds one of the most respected economic think tanks.
Posted on 16th November 2017 in City News.
The UK’s smaller companies remain pessimistic about growth as ongoing political uncertainty, currency volatility and central bank movement impacts appetite for international trade.
Posted on 14th November 2017 in City News.
The latest data, surveys and anecdotal evidence, points to a UK economy that is doing alright – sorry, that may sound like an unsatisfactory way to put it, but alright really does seem to be the best word to describe it – certainly the economy looks stronger than earlier in the year. But it is […]
Posted on 13th November 2017 in City News.
One of the most respected economic forecasting groups in the UK has said that the average household is £600 a year worse off thanks to Brexit, meanwhile, Bank of England governor, Mark Carney, has warned that Brexit has stopped the UK economy from booming.
Posted on 6th November 2017 in City News.
70 per cent of Brits can’t identify current bank base rate, and among those who say they know more about this topic than their partner, the majority were in the dark concerning the current level.
Posted on 3rd November 2017 in City News.
Debenhams has seen profits slump, if the latest survey is anything to go by, UK retail is suffering its worst decline since 2009, but once again Amazon gives a lesson to the retailers that were making big bucks when its boss, Jeff Bezos, was still a little boy.
Posted on 27th October 2017 in City News.
The UK economy did better than expected in the third quarter, instead of growing really slowly, it just grew slowly. Now pundits are suggesting a November hike in interest rates is a foregone conclusion, and much to the consternation of economists who fret that the economic recovery may be stopped, in its tracks.
Posted on 26th October 2017 in City News.
A Saudi Prince has likened bitcoin to Enron, another senior banker has joined a long list of bitcoin cynics, while one of the leading players in Fintech has told Fresh Business Thinking that bitcoin is a solution looking for a problem. But maybe initial coin offerings are an even bigger bubble.
Posted on 24th October 2017 in City News.