Bussiness

UK headline inflation rate remains unchanged at 2%

Posted by July 17, 2024

Britain’s annual inflation rate remained unchanged at 2% last month – as the key economic indicator hit the government’s target for a second consecutive m

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UK inflation holds steady despite hotel prices soaring

Posted by July 17, 2024

UK inflation held steady in June despite hotel prices rising strongly, according to the latest official figures.While prices in restaurants and hotels went up,

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Labour is set to push Britain even further down the…

Posted by July 17, 2024

Caveat emptor, “buyer beware”, no longer applies. In turn, entrepreneurs no longer take their firms to float on the stock m

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Inflation rate remains at Bank of England’s 2% target rate

Posted by July 17, 2024

There has been no change to the rate of inflation which remained at 2%, the target rate for the Bank of England, according to official figures.It

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UK banking giant HSBC names new chief executive

Posted by July 17, 2024

UK-based banking giant HSBC has announced that 50-year-old Georges Elhedery will be its next chief executive.It comes after current CEO Noel Quinn unexpectedly

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People: JLL; SAS Daniels; Bridgemere UK; GM Business Growth Hub;…

Posted by July 17, 2024

JLL has bolstered the strength of its North West service offering with a wave of promotions. The global real estate services firm has invested

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‘Business as usual’ for UK pensions schemes following King’s speech

Posted by July 17, 2024

A new Pensions Bill for the UK has been announced alongside the King’s Speech today to legislate several key areas of pension policy. However, it represents

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Elon Musk to move SpaceX and X HQ over gender-identity…

Posted by July 16, 2024

Billionaire Elon Musk has said he will move the headquarters of two of his most high-profile companies, rocket firm SpaceX and social media platform X, out of C

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Avanti West Coast boss “summoned” to talks over performance

Posted by July 16, 2024

The boss of train operating company Avanti West Coast was "summoned" to talks with the new transport secretary over the company's "unacceptable performance".Lou

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Microsoft deal with AI startup to be investigated by UK…

Posted by July 16, 2024

The Competition and Markets Authority (CMA) has launched a full investigation into Microsoft’s deal with AI startup Inflection.Earlier this year, Mustafa Sule

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Interest rates could stay higher for longer, warns IMF

Posted by July 16, 2024

Countries including the UK and the US are "seeing some persistence” in inflation that might mean interest rates have to stay “higher for even longer”, the

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