Sainsbury's boss Justin King is one of those retail legends who, like former Tesco chief exec Sir Terry Leahy, had the foresight to get out just as things were about to get hairy.
Now King has used.. City A.M.
*Jason Hollands, managing director at Tilney Bestinvest, says Yes.*
Deep tax cuts, looser banking regulation, massive spending on infrastructure and the military, alongside higher tariffs on imports.. City A.M.
Nov.23 -- Chancellor of the Exchequer Philip Hammond will reveal the cost of leaving the European Union when he announces his Autumn Statement on Wednesday. Britain will borrow an extra 110 billion.. Source: Bloomberg Global Business -
Britain's unemployment rate falls in the first three months after the Brexit vote to its lowest level in 11 years - but, as Hayley Platt reports, there are signs a labour market slowdown could be.. Source: Business Video Online -
Inflation in Britain slipped slightly in October. It was at 0.9 percent, down from September’s 1.0 percent.
But the Bank of England’s Governor Mark Carney said that won’t last. He warned.. Source: euronews (in English) -
Nov. 15 -- Investec Economist Chris Hare discusses risks of inflation in the U.K. and Bank of England monetary policy. He speaks on "Bloomberg Markets: European Close." Source: Bloomberg Global Business -
Chancellor Philip Hammond has declared: "It's clear that inflation is back."
Speaking on ITV's Peston on Sunday, Hammond said: "We have to wait and see what inflation figures look like when we get.. City A.M.
In opening deals, the FTSE 100 index was up 37.8 points, or 0.6 per cent at 6,791.0, having closed 22.75 points higher yesterday as international stocks got a boost as the pound retreated again. MailOnline Also reported by •thisismoney.co.uk
Inflation is set to reach a two-year high of 1.2 per cent this week, as consumers feel the effect of rising food costs and the weaker pound.
Economists have predicted that inflation will continue to.. City A.M.
UK inflation is set to rise from 0.7 per cent to four per cent by the end of next year, thanks to the falling pound.
That's what the National Institute for Economic and Social Research (NIESR) is.. City A.M.