The report added to concerns about a slowdown in hiring due to the ongoing political and economic uncertainty around Brexit. James Smith, a Developed Markets Economist at ING, was downbeat in his assessment, saying: “ith forward-looking hiring indicators deteriorating, and given the risk that Brexit uncertainty persists into 2020,...
It seems a far cry from the bullish sentiment being felt across the board two weeks ago when BTC rocketed from the depths of $7,350 before smashing its way through the first psychological barrier of $9,000 and then daring to poke its head above the second – and...
Sterling rose against the euro as a Conservative Party victory was perceived to be more likely after the Brexit Party stepped aside to prevent splitting the vote across the two main pro-Brexit parties. However, Chris Curtis, the Political Research Manager at the YouGov polling company, was sceptical about any...
The flash estimate showed the UK has likely expanded by an annual rate of 1 per cent, although this was the weakest rate of annual growth seen since 2010 when the economy was dragging itself out of recession. Quarter-on-quarter, the economy expanded by 0.3 percent – less than the...
Speaking at the launch of the SNP’s election campaign, Miss Sturgeon also made it clear her party would push for another Scottish independence referendum in 2020. GBP investors generally favour the Conservatives in the upcoming election on hopes that a Tory majority will help to break the Brexit deadlock...
The alleged scam raised an estimated $5billion throughout the world and it is believed some 70,000 people in the UK have been left out-of-pocket after signing up to OneCoin packages. Prosecutors claim he also spent some of the fraud's proceeds on a yacht, three houses and a Ferrari sportscar....
Seasonally adjusted imports jumped by a higher-than-expected 1.5 percent, which provided some much-needed relief to an export-reliant Germany and diminishing some of the concerns for a third quarter recession in the bloc’s powerhouse economy. Commenting on this morning’s data, Landesbank Baden-Wuerttemberg economist, Jens-Oliver Niklasch said: “This looks like a...
Now Mothercare is launching a closing down sale for customers, with administrators PricewaterhouseCooper (PwC) saying customers can expect to find a "huge range of discounts and bargains as all stock must go before stores are closed for the final time".There is no current date in place for closures but...
The world’s first plant with the technology at the Protos site near Ellesmere Port in Cheshire is now at the planning approval stage and hopes are it will get underway in the new year. The £20million zero waste scheme sustains itself and will be able to take up to...
“We expect growth this year to be roughly half that in 2018.” Sterling struggled against the US dollar as division in the bank hinted at a possible rate cut in the first half of 2020. This will weigh on Sterling unless the British economy shows any signs of improvement...