Another dip in UK output today added pressure on the Bank of England to consider a back-to-back cut in interest rates. Source link
Read More »FTSE 100 Live 13 December: GDP shows surprise fall, Royal Mail fined £10.5m
Royal Mail says UK business losing one million pounds a day amid union clash
A Royal Mail delivery vehicle drives along a road near Mount Pleasant, in London, Britain, June 25, 2020. REUTERS/John Sibley Register now for FREE unlimited access to Reuters.com Register Shares down 2% Holding company to be renamed International Distributions Services Plc Executives say ready to talk over pay July 20 …
Read More »FTSE 100 Live 14 January: UK GDP showed UK economy rallied before Omicron setback, Currys posts Christmas trading update
Short-selling disclosure dents Royal Mail Bets against Royal Mail have backfired in spectacular fashion over recent years, but that’s not deterred one hedge fund from having another go. Disclosures show that Marshall Wace has taken a short position of five million shares, equivalent to 0.5% as it eyes the company’s …
Read More »FTSE 100 Live 22 December: UK GDP figures, UK economy third quarter, UK economic recovery, Covid-19 impact on economy, Wall Street rebound
T he UK’s economic recovery has slowed by more than first thought, figures showed today. Third quarter GDP grew by 1.1% compared with the initial 1.3% estimate, having rallied by 5.4% in the April to June quarter due to the easing of Covid-19 restrictions. Despite the downward revision by the …
Read More »World Debt Reaches Record $281 Trillion
The world has never been more indebted after a year of battling Covid-19. And there’s even more borrowing ahead. Governments, companies and households raised $24 trillion last year to offset the pandemic’s economic toll, bringing the global debt total to an all-time high of $281 trillion by the end of …
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