British equities flat as investors weigh mixed data
(Reuters) -British stocks ended flat on Friday as investors reacted to mixed economic data this week that left the Bank of ...
Weekly economic and financial commentary
Residential construction and existing home sales were muted in January, illustrating continued stress on the housing market ...
UK economy readings underscore Bank of England's dilemma
A flurry of often contradictory UK economic data and surveys this week has left the Bank of England none the wiser about whether Britain's economy is more at risk of a wave of job losses or a new ...
Competition Making It Harder for Jumbo to Attract New Customers
Jumbo targets a payout ratio of 65%-85% of statutory net profit after tax. We see payouts at the top of this range as appropriate, given the resilience of earnings and the cash-generative, ...
Sterling stalls at two-month highs after PMI, retail sales
The pound traded around two month-highs on Friday after data showed UK consumer spending picked up much more sharply than ...
UK banks hit with £100M penalty for breaching gilt trading rules
Citi, HSBC, Morgan Stanley, and RBC fined over £100mn by the UK’s CMA for exchanging sensitive gilt trading data. Deutsche ...
PMIs in UK and Eurozone point to stagnation
The Euro Area economy remained stuck in an all too familiar period of stagnation in January, at least according to the latest ...
FTSE 100 Live 21 February: Firms shed jobs at fastest rate since 2020, four banks fined £100m
The S&P Global Flash UK PMI revealed the steepest fall in private sector employment since November 2020. The wage pressures also contributed to the fastest increase in average cost burdens for 21 ...
Tim Harford1d
Can economic growth still make us happy?
Richard Easterlin died in December at the age of 98. He’s been called “the father of happiness economics”, and it’s hard to disagree. Fifty years ago, after struggling to find an economics journal ...
MoneyWeek2d
UK inflation rises by more than expected to 3%
The rate of UK inflation rose by more than expected in January to 3%, up from 2.5% in December. Analysts had been expecting a reading of 2.8%. Read the latest analysis from MoneyWeek.
UK inflation rises to 3% in January on higher transport and food costs
Core inflation, which excludes volatile food, energy, alcohol, and tobacco prices, rose to 3.7% from 3.2% in December—marking ...
Pennsylvania, PPL Well Positioned for Data Center Build Out
In Kentucky, regulation has improved. Regulators have supported a gradual clean energy transition in the state. PPL will retire some coal generation and add natural gas generation, solar and battery ...