17 h. ago UK retailers deliver surprise growth as tech sales buoyed by iPhone release

The Office for National Statistics (ONS) said the total volume of retail sales is estimated to have risen by 0.5% in September.

Economics

35 h. ago UK manufacturers hit by largest drop in orders since 2020; FTSE 100 hits record high – business live

Shares in oil companies jump after US sanctions Russian energy firms, while manufacturers see weak prospects aheadYesterday’s weaker-than-expected UK inflation report has sparked chat that the Bank of England could cut interest rates sooner than expected.Deutsche Bank say there is now an “interesting debate” on whether there may be enough ammunition for the Bank’s monetary policy committee to cut borrowing costs as soon as its next meeting in early November.What’s the case for November? Relative to the Bank’s projections, growth has surprised to the downside, private sector AWE growth has surprised to the downside, unemployment has risen in line with Bank expectations, and inflation now sits a healthy amount below the Bank’s projections. Indeed, one could make the argument that the ingredients for a November rate cut are there.So, why not November? We think three things will be important for the MPC to see before dialling down restrictive policy again. One, the MPC may want to see s...

Economics

37 h. ago UK manufacturers hit by largest drop in orders since 2020; FTSE 100 hits fresh record high – business live

Shares in oil companies jump after US sanctions Russian energy firms, while manufacturers see weak prospects aheadYesterday’s weaker-than-expected UK inflation report has sparked chat that the Bank of England could cut interest rates sooner than expected.Deutsche Bank say there is now an “interesting debate” on whether there may be enough ammunition for the Bank’s monetary policy committee to cut borrowing costs as soon as its next meeting in early November.What’s the case for November? Relative to the Bank’s projections, growth has surprised to the downside, private sector AWE growth has surprised to the downside, unemployment has risen in line with Bank expectations, and inflation now sits a healthy amount below the Bank’s projections. Indeed, one could make the argument that the ingredients for a November rate cut are there.So, why not November? We think three things will be important for the MPC to see before dialling down restrictive policy again. One, the MPC may want to see s...

Economics

37 h. ago UK manufacturers hit by largest drop in orders since 2020; Oil price jumps after Rosneft and Lukoil sanctioned – business live

British manufacturers see the weakest prospects for orders since Covid-19 pandemic, CBI reports, after demand weakened in last three monthsYesterday’s weaker-than-expected UK inflation report has sparked chat that the Bank of England could cut interest rates sooner than expected.Deutsche Bank say there is now an “interesting debate” on whether there may be enough ammunition for the Bank’s monetary policy committee to cut borrowing costs as soon as its next meeting in early November.What’s the case for November? Relative to the Bank’s projections, growth has surprised to the downside, private sector AWE growth has surprised to the downside, unemployment has risen in line with Bank expectations, and inflation now sits a healthy amount below the Bank’s projections. Indeed, one could make the argument that the ingredients for a November rate cut are there.So, why not November? We think three things will be important for the MPC to see before dialling down restrictive policy again. One, ...

Economics

2 w. ago If you're looking for Amazon tech deals, the Big Deal Days sale is the perfect time to buy

These deals are on Fire (and Kindles and Ring Video doorbells too)

Economics

2 w. ago The top 15 deals on laptops, headphone, devices and more to shop now in Amazon's October Prime Day sale

Get ready to unlock unmissable savings on must-have tech during the Amazon October Prime Day sale , with deals to be had across a huge array of the site's devices.

Economics

2 w. ago Top Tech: Amazon Prime Day sale sees Fire TVs, tablets and more cheaper than Black Friday

Amazon's Prime Big Deal Days sale is running across October 7-8 and shoppers can bag big discounts on a range of tech.

Politics

2 w. ago The best Apple deals in the Amazon Prime Day sale, according to a tech expert

Amazon’s October sale is here, bringing discounts to iPhones, iPads, and AirPods

Economics

3 w. ago Top Tech: Shark autumn sale cuts hundreds off vacuum cleaners to rival Dyson and Amazon

Shark is offering big discounts on its cordless, corded and robot vacuums, with select models now more than 30% off.

Politics

4 w. ago Best Fire Tablets, Fire TV sticks, Kindle and Echo deals in the Prime Big Deal Days sale: Amazing savings

These deals are on Fire (and Kindles and Ring Video doorbells too)

Economics

4 w. ago US economy expanded at a surprising 3.8% pace in significant upgrade of second quarter growth

The U.S. economy expanded at a surprising 3.8% from April through June in a dramatic upgrade of the government's previous estimate of second-quarter growth

Politics