Browsing: interest rates

As inflation pressures ease, the Bank of England is considering more robust interest rate cuts. Governor Andrew Bailey highlights potential…

Despite declining inflation, consumer spending remains subdued in the UK, according to Sainsbury’s CEO.Simon Roberts emphasizes that clarity in governmental…

Sainsbury’s CEO Simon Roberts has highlighted the necessity of governmental intervention to boost consumer spending amidst the ongoing economic challenges.The…

The Bank of England has issued a stern warning regarding the UK’s susceptibility to a credit crunch, prompted by global…

Booths, an upmarket grocer, has reported significant financial improvements, achieving record sales of £318.6 million.The company successfully reduced its pre-tax…

DFS has reported significant financial losses due to shipping delays and interest rate impacts.For the fiscal year ending 30 June,…

The UK’s economic growth forecast has been doubled, with GDP now expected to rise by 1% in 2023. However, experts…

The pound is anticipated to hit its highest value against the US dollar since 2021, according to forecasts by Goldman…

Oliver Bonas has experienced a notable decline in profits, confronting economic adversities.The fashion retailer’s profits dropped to £6.8 million for…

In a significant turn of events, the pound has surged to a two-year high following the Bank of England’s recent…