The UK economy shrunk in November according to the latest S&P Global PMI readings, however business expectations for the year ahead rebounded from a 30-month low.
November 23,2022
Eurozone PMIs confirmed the bloc's economy shrunk in November, however, the scale of the decline was less severe than markets were expecting.
November 23,2022
The market has not yet capitulated, current market downturn resembles 2002, S&P 500 could base at 3000.
November 24,2022
Own goals in HM Treasury's latest budget will add a percentage point to the inflation rate from April and force the taxpayer to cough up nearly an extra £5 billion of funds to cover the resulting increase in debt interest costs for the subsequent year even without any impact on Bank of England (BoE) interest rate policy.
November 22,2022
"Entrepreneurs are being penalised with the increase in taxes on both capital gains and dividends"
November 17,2022
"Hunt has cast aside Kwarteng's theory that you can cut taxes to increase revenue" - Quilter.
November 17,2022
U.S. retail sales were significantly higher than expected in October, but there are signs this spending is being funded by an increasing debt burden that offers flashbacks to behaviour that preceded the 2008-2009 recession.
November 16,2022
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