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News in-depthUK economy
Jump in UK minimum wage keeps Bank of England on alert
...“The fear is that the rise this year will contribute to stickier wage growth and inflation,” said Ashley Webb, UK economist at consultancy Capital Economics, noting that last year’s pay boost had coincided...
March 19, 2024
UK GDP
Official data confirms UK economy slipped into recession last year
...This means that the economy contracted for two consecutive quarters, the definition of a technical recession, reflecting the impact of the cost of living crisis and high borrowing costs....
March 28, 2024
FT Live
Future of Asset Management Europe
New fund firm models for Europe's resurgence
Tuesday, 12 NovemberLondon, UK
Interest rates as it happened: UK and Switzerland surprise investors
Even as inflation falls, households are not out of the woods
...Ashley Webb, UK economist at Capital Economics, said after the cost of living crisis would come “a cost of borrowing crunch”....
September 21, 2023
UK public finances
UK public borrowing higher than expected in November
...These have risen in recent months because of inflation-linked benefits uprating as people continue to grapple with the cost of living crisis....
December 21, 2023
James Max
Rich People’s Problems: The best things in life are anything but free
...That, along with fluorescent strip lighting and Laura Ashley tiles, went out in the early eighties. So, you’ll either order the one with a matching front panel or stainless steel....
November 22, 2023
Frasers Group
Frasers profit surges 40% as younger shoppers boost Sports Direct owner
...British retail group Frasers has posted a big jump in annual profits as younger shoppers continued to spend despite the cost of living squeeze....
July 27, 2023
FT Live
Inside Politics: who will win the UK general election?
Exclusively for FT subscribers
Wednesday, 8 MayDigital Conference
UK economy
UK business activity grows marginally in November
...In contrast, discretionary spending was weak as cost of living pressures continued to hurt household finances....
November 23, 2023
Style
Pyjamas to match your duvet — the new sleeper hit
...The aesthetic is the apotheosis of a layered, vintage-inspired, chintz-forward, traditionally feminine decorative ideal — like living in a Laura Ashley dollhouse — and couldn’t be further removed from the...
December 12, 2023
ASOS PLC
Fashion retailer Asos predicts sales dip in 2024 as losses balloon
...thrived during the pandemic thanks to the boom in online sales but has lost more than a third of its value in the past year as it grapples with high levels of stock and slowing demand amid the cost-of-living...
November 1, 2023
Live news updates from July 27: DoJ hits Trump with fresh charges, ECB raises interest rates
Frasers’ profit surges 40% as younger shoppers snap up sportswear to stay ‘socially relevant’
...British retail group Frasers has posted a big jump in profits as younger shoppers continued to spend despite the cost of living squeeze....
July 27, 2023
HTSI
The unbelievable lightness of Ana Khouri’s New York home
...Two of her own sculptures, the starting point for every piece of jewellery, sit on a Jorge Zalszupin coffee table in the centre of an adjacent living room....
February 17, 2024
News in-depthUK business
UK business closures overtake openings as high borrowing costs bite
...But “it was inevitable that some of these would be impacted by . . . pressures like the cost of living crisis and . . . inflation”....
November 29, 2023
UK economy
UK recession risk increases as services activity falls
...The UK economy expanded during the first two quarters of 2023, but Williamson said there was now “a mounting toll on the economy from the reality of the increased cost of living and the recent rapid rise...
September 22, 2023
UK economy
Hard-pressed UK households withdraw record amount from banks
...” amid the cost of living squeeze....
June 29, 2023
Jemima Kelly
Maybe politics should be more mindful
...From Brexit to “stolen” US elections, immigration crises to the culture wars, we are living through an era of deep polarisation....
October 1, 2023
FT Live
Future of Retail
Securing long-term business growth with technology innovation
Tuesday, 17 SeptemberLondon, UK
Cost of living crisis
Britain’s middle classes feel the pinch in cost of living crisis
...Even with the challenges, “home ownership is still a major aspiration for most people”, said Ashley Osborne, chief executive and co-founder of MyPropTech....
April 21, 2023
The Big Read
The next pandemic is coming. Will we be ready?
...There are more people in the world, living more densely and in a more mobile way....
April 4, 2024
UK economy
UK consumer confidence rises to highest level since Ukraine invasion
...Ashley Webb, UK economist at Capital Economics, said the uptick resulted from “fast wage growth, due to the tight labour market, and government handouts supporting nominal household incomes”....
April 20, 2023
Pollution
UK water companies told to put ‘consumers above profits’
...Ashley Smith of the Windrush Against Sewage Pollution campaign said that investors should “dip into their own pockets and become investors, not parasites.”...
May 18, 2023
News in-depthUK labour productivity
Stagnant UK living standards lay bare the challenge for Jeremy Hunt
...“The single factor that explains the poor performance of the UK GDP per capita, real wages and real household disposable income is low productivity growth compared to the rest of the G7,” said Ashley Webb...
March 17, 2023
Investments
Investors’ Chronicle: Kitwave, Currys, AO World
...But this wasn’t just due to strategic changes and action on profitability — the company also flagged that “the impacts of the cost of living crisis on consumer spending” hit performance in its key division...
July 7, 2023
UK economy
British retail sales jump as consumer confidence improves
...Respondents’ forecast for their personal finances in the next year fell three points to -21, pointing to the fact that “wages are not keeping up with rising prices and the cost of living crisis remains a...
March 24, 2023
The Art of FashionThe Art of Fashion: the Literary issue
The autumn/winter 2023 fashion trends to know
...“It’s about the way women are really living and dressing right now,” says Liane Wiggins, head of womenswear at Matches Fashion....
August 22, 2023
ReviewTelevision
Pop fandom turns toxic in the darkly compelling Swarm
...Any similarity to actual persons, living or dead, or actual events is intentional.”...
March 20, 2023
UK business
Rising sales and business activity point to UK economic resilience
...“The coming months may still be a struggle for retailers,” warned Ashley Webb, UK economist at Capital Economics....
March 24, 2023

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