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The one measure that can tell us a lot about the state of the UK economy
Faisal IslamEconomics editor Reuters Shoppers on Oxford Street during the Boxing Day sales A new year, a new beginning. The latest monthly figures on the economy hardly confirm a change of gear, but nor do they back up the worst doom-mongers claiming decline and recession. It is neither doom nor boom, but a new year…
Trump calls for interest rate cut after jobs figures raise hike bets
Donald Trump has called for interest rates to be cut later this month, claiming higher rates put the US at a “very unfair disadvantage”. The president’s remarks came as stronger-than-expected jobs figures in the US added to growing expectations that rates could be increased, with inflation still running high and American households feeling the pinch…
