“The Bank of England is facing the same cross-currents. Since its previous meeting in February, most developments – notably fresh rounds of fiscal stimulus domestically and abroad – have had positive implications for the economic outlook, but downside risks and uncertainty concerning the evolution of the pandemic are still prominent.”
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Interest rates expected to stay at 16-year high
admin, , Business, 0
Laith Khalaf, head of investment analysis at AJ Bell, said it was “almost certainly too early for the Bank...
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EU investigates Instagram over handling of children’s data
admin, , Business, 0
In February 2019, data scientist David Stier analysed profiles of almost 200,000 Instagram users across the world. He estimated...
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Innocent drinks ads banned over environmental claim
admin, , Business, 0
In the ruling, Innocent responded that there was no suggestion in the ads that buying Innocent products would lead...
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Ocado sales hit as workers return to the office
admin, , Business, 0
Susannah Streeter, senior markets analyst at Hargreaves Lansdown, said: “For now it does appear that some pandemic habits are...
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US economic growth slows but inflation grows
admin, , Business, 0
However, inflation is yet to fall back to the Federal Reserve’s 2% target, and on Thursday, figures from the...
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Pret A Manger to cut 3,000 jobs in the UK
admin, , Business, 0
Image copyright AFP Sandwich chain Pret A Manger is to cut 3,000 jobs, or more than a third of...
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Labour: Save Liberty Steel before it goes bust
admin, , Business, 0
“Labour is calling on ministers to intervene early before liquidation to save workers jobs, terms and conditions, and give...
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Mike Ashley’s Frasers Group makes offer for Mulberry
admin, , Business, 0
Mike Ashley’s Frasers Group has made a takeover approach for luxury handbag maker Mulberry, adding it was “exceptionally concerned”...
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