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Demand for online jewellery boosts December retail sales
Posted onDemand for online jewellery helped boost retail sales in December, despite a difficult festive period overall for retailers, figures show. Sales were up 0.4% from the previous month, the Office for National Statistics (ONS) said, citing online jewellers reporting an increased demand for precious metals such as gold and silver. Internet shopping performed well, while…
Why Croatias capital wants to hold the best Christmas market
Posted onGuy Delauney Balkans correspondent AFP via Getty Images Zagreb’s Christmas market was voted the best in Europe three years in a row Christmas markets are not just tradition across Europe, they are big businesses that give cities a huge economic boost every December. For Zagreb, the capital of Croatia, it is an effective way of…
Iran war muddles expectations of likely Federal Reserve interest rate cuts
Posted onUnlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Investors have trimmed bets on the number of interest rate cuts this year as surging petrol prices and a softening jobs market complicate the Federal Reserve’s ability to boost the US economy while containing inflation….
