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UK heading for stagflation as rate cuts pick up – Daily Business
1 day ago · A series of interest rate cuts are likely this year to help the UK avoid a recession, said the Bank of England. Its latest forecast came after its monetary policy committee voted to cut interest rates, as widely expected, from 4.75% to 4.5% and downgraded its economic outlook. Two of the nine-member ...
Forgotten economy is going downhill – Daily Business Magazine
Jan 24, 2025 · Chasing the money in Davos is one thing, but the Chancellor is leaving the real economy starved of cash, says TERRY MURDEN Chancellor Rachel Reeves and the Business Secretary Jonathan Reynolds have been breathing in the fresh Swiss air at the World Economic Forum in Davos, with a message for international business leaders and investors […]
Weak outlook as firms expect further fall in trading
Jan 27, 2025 · Businesses are expecting a “significant fall” in trading over the next few months that could put more jobs at risk and further undermine the government’s growth plans. The CBI said there was “widespread” pessimism across the private sector as its latest growth indicator survey found that a ...
London seeking ways to stock up – Daily Business Magazine
Dec 31, 2024 · Quiz Clothing is expected to leave the stock market by the end of January Further action will be necessary to halt the exodus of companies from the London Stock Exchange, says TERRY MURDEN The year ended with yet another company announcing it was leaving the London Stock Exchange, sending another warning to the City that, […]
Robison must drop the freebie fixation – Daily Business Magazine
Dec 1, 2024 · The Finance Secretary has little wiggle room in this week’s budget, but she does have options, writes TERRY MURDEN With next year’s allocation of funds from the Chancellor to the Scottish government already all but spent, there is a risk for business that this week’s budget will be a bit of an anti-climax. Once pay […]
About Us - Daily Business
Daily Business is part of the Daily Business Group (DBG), an integrated media and business services company established in Scotland by a former Sunday Times and Scotsman journalist and focused on Scottish business and political news.
Forbes concern over Reeves focus on south-east – Daily Business
Jan 29, 2025 · Deputy First Minister Kate Forbes has expressed concern that the Chancellor’s attempts to drive economic growth are focused around the southeast of England. Ms Forbes echoed issues raised by Daily Business after Rachel Reeves unveiled a series of investment initiatives around the Oxford-Cambridge ...
Headline makers: ones to watch in 2025 – Daily Business Magazine
Jan 2, 2025 · Paul Thwaite – chief executive, NatWest (Royal Bank of Scotland) Paul Thwaite was promoted to the top job in February to replace Alison Rose following her ‘debanking” misjudgement, and is blessed with the stars finally beginning to align for the bank after its long recovery from the 2008 financial crash.. He told a global banking summit last month that the bank is likely to pursue an ...
Record owner focused on costs as income slides – Daily Business
Oct 15, 2024 · Reach says print continues to see a decline in revenue. Media group Reach, owner of the Daily Record, Mirror, Express and about 120 other publications around the UK, continued to see a squeeze on income.. Digital revenue grew 2.5% over the quarter, but that was a highlight in the three months to September which saw falling print income drag group turnover down by 2.5% over the period, and by 4 ...