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Businesses left asking – what happened to growth?
Posted onSimon JackBusiness editor Getty Images Not a single measure in the government’s policy-packed Budget will change the growth forecast for the next five years – that was the damning assessment of the government’s official forecaster, the Office for Budget Reponsibility (OBR). For a government that has declared economic growth as its top priority it is…
Goldman pitches hedge funds on strategies to bet against corporate loans
Posted onTo read this article for free Register now Once registered, you can: • Read free articles • Get our Editor’s Digest and other newsletters • Follow topics and set up personalised events • Access Alphaville: our popular markets and finance blog
UK economy saw zero growth in July
Posted onThe UK economy failed to grow in July, following the biggest contraction in manufacturing output for a year. The Office for National Statistics (ONS) said the economy saw zero growth in the month, which was in line with expectations, following a 0.4% expansion in June. However, monthly figures are volatile, and the ONS has said…
Lush co-founder takes pride in being a woke nerd
Posted onPritti MistryBusiness reporter Lush Most companies and bosses would squirm at the idea of being called “woke” and may even regard it as an insult. But not Mark Constantine. Lush’s outspoken co-founder and chief executive wears it like a badge of honour and is not ashamed of turning it into a business philosophy. The firm…
