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WEBFeb 18, 2022 · September 12, 2024. 38 shops close down every day. Britain’s high streets, shopping centres and retail parks lost 38 shops per day in the first half of this year, according to accountancy firm PwC.
Consumer confidence falls after Budget warning – Financial News
WEB21 hours ago · Consumer confidence falls after Budget warning. A long-running measure of consumer confidence has shown a significant drop in September, after warnings by the new government about the state of the ...
Interest rates unchanged at 5% – Financial News
WEB1 day ago · Rate-setters at the Bank of England have voted to keep the base rate at 5%. In August, interest rates were reduced from 5.25% — the first cut for more than four years.
Adapting to 2024’s Economic Landscape: The Growing Importance …
WEB21 hours ago · Financial News. Reliable, up-to-date source for financial news distribution and PR. Find the latest news on insurance, banking, property and mortgages and more.
High pay growth could delay interest rate cut – Financial News
WEBJun 11, 2024 · Wage growth for UK employees remains strong, potentially lowering the prospect of a pre-election cut in interest rates. In the year to February to April 2024, pay grew by an average of 6.0% ...
No change in inflation at 2.2% – Financial News
WEB2 days ago · The UK’s rate of consumer price inflation (CPI) remained at 2.2% in the year to August, unchanged from July, according to the latest data. The monthly report from the Office for National ...
Nationwide to complete Virgin Money takeover next month
WEBSep 6, 2024 · UK building society Nationwide is set to complete its £2.9bn acquisition of rival Virgin Money on 1 October after the deal was cleared by regulators.
UK business confidence rises as demand grows - Financial News
WEBJul 24, 2024 · Chris Williamson, chief business economist at S&P Global Market Intelligence, said that the monthly data pointed to “an encouraging start to the second half of the year, with output, order books ...
Half a million UK firms struggling – Financial News
WEBApr 26, 2024 · The number UK businesses fighting for survival has increased in the past year, according to insolvency firm Begbies Traynor. A total of 554,554 firms — across all major sectors — were classed ...
Santander UK reports full-year profit up 226% – Financial News
WEBFeb 2, 2022 · Santander UK has reported a 226% increase in profit for 2021, driven by strong lending growth. The UK’s third largest mortgage lender recorded £7.5bn of net mortgage lending and attracted ...