The Bank of England may accelerate interest rate cuts if inflation continues to decline, signaling potential relief for borrowers, according to Governor Andrew Bailey.A cautious outlook…
Browsing: inflation
As the UK witnesses a decline in inflation, the Bank of England considers a more aggressive approach to interest rate cuts.Governor Andrew Bailey suggests potential rate…
Tesco, the UK’s largest supermarket, is cutting prices as inflation eases, aiming to maintain its market leadership.The retailer’s collaboration with suppliers allows it to pass savings…
Tesco, the UK’s largest supermarket, is slashing prices as inflation pressures ease, aiming to maintain its competitive edge.The retailer has reduced prices on thousands of items,…
Booths has substantially reduced its losses while achieving record sales, marking a significant milestone in its financial performance.In the financial year ending March 2024, Booths saw…
The UK economy showed positive growth with the latest revisions, presenting a more optimistic outlook despite being sluggish among G7 nations.The revised data indicates a 0.3%…
AB InBev’s UK division faces widening losses even after price hikes.The UK arm reported a pre-tax loss of £72.1m in 2023.Sales rose slightly from £1.59bn to…
The plant-based industry is navigating a challenging landscape.Marlow Foods, the parent company of Quorn, reports a significant £63 million loss.Quorn’s sales experienced a notable decline of…
The UK economy is experiencing slower growth amid uncertainty over the upcoming budget, contributing to a cautious business climate.In September, the UK’s PMI composite output index…
UK households are experiencing a boost in disposable income as inflation on essential groceries declines.According to a recent report, there has been a significant 12% year-on-year…