The FTSE 100 nudged upwards on Thursday, but analysts urged caution after European Central Bank president Christine Lagarde warned about potential risks to economic growth across the bloc. The blue-chip index rose 17 points to end the day on 8,205, a 0.2% increase. It comes after the ECB kept interestContinue Reading
Trade unions are being asked to suspend any plans for strike action by council workers after local government leaders tabled a new pay offer. Cosla, which represents Scotland’s 32 local authorities, is now proposing a 3.2% wage hike, backdated to April, and said it is a “strong, fair and credible” offer.Continue Reading
Rachel Reeves has warned she will have to make “difficult decisions” as she seeks to “fix the foundations” of the public finances. The Chancellor is set to announce the date of her first budget before the Commons summer recess, as well as an assessment of the “spending inheritance” left behindContinue Reading
UK earnings growth has fallen back further amid mounting signs of a weakening jobs market, but wages are outstripping inflation at the fastest pace for more than two-and-a-half years, according to official figures. The Office for National Statistics (ONS) said average regular earnings growth dropped to 5.7% in the threeContinue Reading
Royal Mail has seen its sales bolstered by General Election mail and stamp price hikes, despite delivering fewer letters in recent months, its parent company revealed. International Distribution Services (IDS) also said it was urging shareholders to accept the offer to be bought by Czech billionaire Daniel Kretinsky. The BritishContinue Reading
Running a business is easy when you’re on top of the game, and everything you touch turns to gold. There are certainly a few companies like this. Amazon might have struggled initially, but now it seemingly can’t do anything wrong. The same goes for Apple. Although there have been someContinue Reading
Text describing Liz Truss’s mini-budget as a “disaster” has been removed from Government documents after the former prime minister complained that it breached civil service rules. Ms Truss, Britain’s shortest-serving prime minister, had written to the head of the civil service, Simon Case, complaining that references to her in documentsContinue Reading
Council waste and street cleaning staff have voted for strike action in a row over pay which could see “rubbish piling up in the streets”, union leaders said. Leaders of the Unison trade union said waste, recycling and street cleaning workers in 14 council areas across the country had backed industrialContinue Reading
The pound and London stocks both climbed higher after inflation was hotter-than-expected last month. On Wednesday, the pound lifted to its highest against the dollar for a year after the Office for National Statistics (ONS) said Consumer Prices Index (CPI) inflation stayed at 2% in June. It was above theContinue Reading
Marketers often assume that consumers will watch all of their 10 second ad on YouTube or stick around for the entirety of their Instagram carousel. The reality, however, is that you’re likely to be getting far less of your audience’s attention than you might like. We’ve all heard that itContinue Reading
