A Fireworks Budget Sparks Worries About High Government Borrowing Costs Kwasi Kwarteng has set off fireworks with this budget, which collides with the Bank of England’s efforts to dampen down inflation, while sparking ... By Susannah Streeter23rd September 20220 Finance
Finance Tug of War Begins Between The Government & The Bank of England The starting whistle has been blown on the economic tug of war between the Bank of England and Liz Truss’ government. This is ... By Susannah Streeter22nd September 20220
Finance Trussenomics Risk a Fresh Tangle of Problems for The UK Economy Some of the promises Liz Truss has scattered on the campaign trail may flutter away once she takes office and the cold reality ... By Susannah Streeter5th September 20220
Finance New Price Cap Sees Predicted Bills Soar Ofgem’s new price cap means millions of households face a daunting 80% increase in their energy bill in October. Boiling that down, it ... By Sophie Lund-Yates26th August 20220
Finance Clamour Intensifies for Government to Deliver Targeted Help to Avoid a Catastrophic Winter for Households EU natural gas prices have risen like a rocket this summer and although they’ve retreated a little from a peak earlier in the ... By Susannah Streeter24th August 20220
Summer Euphoria Fizzles Out & Economic Problems Mount for France & Germany The summer party in the equity markets seems to be coming to an abrupt end as hard-line central bank policymakers hover as unwelcome ... By Susannah Streeter23rd August 20220 Finance
Finance Consumer Confidence Hits Record Low as the Soaring Cost of Living Casts Serious Doubt Over People’s Personal Finances UK consumer confidence has plummeted to the lowest level since comparable records began, as the soaring cost of living casts serious doubt over ... By Sophie Lund-Yates19th August 20220
Finance Rate Hikes Set to Stay While Retailers Feel Pain of The Cost-Of-Living Crisis The United Kingdom is on go-slow with strikes crippling the rail network over the next three days, adding yet another layer of frustration ... By Susannah Streeter18th August 20220
Finance Relentless Rise Upwards in Prices Continues as Inflation Bubbles to a Four Decade High The relentless rise upwards in prices continues, with little sign of a break for consumers who are desperately trying to make ends meet. ... By Susannah Streeter17th August 20220
Finance UK Unemployment Rate Holds Steady at 3.8% Amid Signs the Jobs Market Is Cooling A slick of worry is growing about the darkening prospects for global growth as economies slow around the world, pushing down oil prices ... By Susannah Streeter16th August 20220