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UK INFLATION 2024
Bank of England hikes rates to 4%, first raise since 2023, says more may come amid high UK inflationIn a decisive move, the Bank of England has escalated interest rates to 4% amidst spiraling inflation, projected to hit 4.8% in Q2 next yea...- Bank of England raises rates for first time since 2023, says more may comeBritish inflation is likely to reach around 5% in the middle of next year, the BoE said, more than double the central bank's target and a b...
- UK new minimum wage 2027: What will the new rates be, how much more will workers earn, and when does the new minimum wage start?UK minimum wage 2027: The UK minimum wage will rise by 3.9% in April 2027, taking the hourly rate to £13.21 for workers aged 21 and over an...
- AI boom’s funding web could spread losses across global markets, IMF warnsThe IMF reports that global AI investment could induce a significant market correction if expectations are unmet. Economic growth has been ...
- IMF edges up 2026 global growth forecast to 3.1% but warns economy is ‘vulnerable to setbacks from both directions’The International Monetary Fund has updated its global growth forecast for 2026 to 3.1 percent. Concerns remain about the economy's resilie...
- Charting the Global Economy: Sentiment among US consumers wanesAs consumer sentiment declines in the US and Japan experiences weakening household spending, Europe faces challenges with rising bond yield...
- More than just football: How scandal-tainted City led Manchester's rebirthBefore City -- now embroiled in the biggest financial scandal to hit football's cash-rich Premier League -- moved to the area it was "very ...
- BoE to put barn owls, bees on future notesThe Bank of England is embracing a new approach by swapping out renowned Britons on banknotes for images of local wildlife like barn owls, ...
- Pimco touts diversification need as yields lure at 24-year highAccording to Pimco, bond yields are at unprecedented peaks, offering lucrative income opportunities for investors. The firm recommends allo...
- UK consumer confidence hits over two-year high in September as personal finances improve: GfKUK consumer confidence unexpectedly reached its highest level in over two years in September, with GfK's barometer rising to -13. Supported...
- ET Prime Special Series: Multibagger or IBC - Part 77: This auto ancillary wants to double revenue by FY30. Execution to decideA business can diversify in two ways: Slowly, by building new capabilities internally; or quickly, by acquisitions. This supplier has chose...
- Climate Week talks balance hope for clean energy against uncertainty over AIGlobal leaders are meeting to address Earth's worsening health and climate change impacts. A renewable energy boom offers hope, while artif...
- Charting the global economy: Oil surge fans global inflationIn the US, hotter-than-expected consumer inflation and the biggest monthly increase in producer prices since May bolstered the case for a F...
- US bond yields climb to multi-year highs as oil surge revives bets on higher Fed ratesUS Treasury yields hit multiyear highs as a sharp rise in oil prices revived inflation concerns and boosted bets on a Federal Reserve rate ...
- Charting the global economy: US Job Growth exceeds projectionsUS labour market gains momentum, and Asian economies are holding up despite the conflict in the oil-rich Middle East.
- Europe’s summer felt like a gamechanger. Will next year be any different?Europe faces severe heat waves, impacting harvests and causing many deaths. Governments are beginning to acknowledge climate change impacts...
- Bitcoin falls 30% as Google, gold and defence stocks outperform since 2020: ReportGoogle emerged as the best-performing asset in a Taurex study, gaining nearly 291% between 2020 and August 2026, while Bitcoin fell 30%. BA...
- UK inflation hits its lowest in nearly a year at 3.0%Britains annual inflation rate eased in January to its lowest since March last year. However, underlying price pressures stayed strong, a k...
- UK recovering faster than expected after slipping into technical recession: IMFThe UK economy is approaching a soft landing, with a recovery in growth expected in 2024, strengthening in 2025, IMF said. Soft landing in ...
- UK inflation rate to be highest among G7 nations, predicts Paris-based OECDThe Organisation for Economic Co-operation and Development (OECD) has said in its report that the inflation rate in the UK may touch 7.2% t...
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