Feature British businesses to scale back staffing, wage increase plans – poll Aya Anwar Mar 27, 2024 0 British businesses are scaling back their staffing and wage increase plans this month, possibly due to the looming…
Feature UK inflation drops to 3.4% in Feb Aya Anwar Mar 20, 2024 0 UK inflation dropped to 3.4 per cent, hitting its lowest level in 2 1/2 years, aligning with the BOE path towards…
Banks Private credit funds-banks ties in Europe deepen amid higher default risks Aya El Sayed Mar 14, 2024 0 A record 80 per cent of new European private credit funds used bank loans in 2023, known as subscription lines’, to…
Banks Citigroup predicts BoE to reduce interest rates in June Nada Ali Mar 13, 2024 0 Citigroup predicts the Bank of England (BoE) will reduce interest rates this year, with the first cut likely in…
News UK’s slips into tech recession in Q4 ’23, Nada Ali Feb 15, 2024 0 UK’s economy experienced a recession in the second half of 2023, presenting a formidable challenge for Prime…
News UK inflation holds steady at 4.0% in Jan. Nada Ali Feb 14, 2024 0 British inflation remained at 4.0 per cent in January, defying expectations of an increase, lower than economists’…
Money UK regular wages grow by 6.2% in Q4 ’23 Nada Ali Feb 13, 2024 0 British regular wages excluding bonuses increased by 6.2 per cent in the fourth quarter of 2023, compared to the…
Money Bank of England keeps rates unchanged Yomna Yasser Feb 1, 2024 0 The Bank of England (BoE) announced on Thursday that its Monetary Policy Committee (MPC) decided to keep interest…
Real Estate U.K. house prices up 0.7% in Jan – Nationwide Aya El Sayed Jan 31, 2024 0 U.K. house prices experienced a greater increase than predicted this month due to lower borrowing costs, which…
News UK’s economy shrinks unexpectedly 0.5% in July Nada Ali Sep 13, 2023 0 Britain's economy fell 0.5 percent in July from June at an unexpectedly sharp rate, that will add to worries about…