“Jobs growth has slowed but remains too strong to justify an extended Fed pause. More significantly, with average hourly earnings surprising to the upside, wage pressures are still too strong,” said Seema Shah, chief global strategist at Principal Asset Management.
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TUC: Jobs at risk if UK fails to hit carbon emissions target
admin, , Business, 0
“In recent months we’ve secured record investment in wind power, published a world-leading Hydrogen Strategy, pledged £1bn in funding...
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Canada pledges to help countries stop using Russian oil
admin, , Business, 0
The impact of Canada’s extra supplies “will be relatively limited given the regionality of Canadian crude, which will likely...
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Petrol prices at eight-year high, says RAC
admin, , Business, 0
“While we’re not past the pandemic by any means, demand for oil is likely to continue to increase as...
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UK economy rebounds with fastest growth since WW2
admin, , Business, 0
This, as the ONS points to, should be seen alongside the sharpest fall of 9.4% for the UK compared...
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Firms moving into tier four: Devastated and disappointed
admin, , Business, 0
By Mary-Ann RussonBusiness reporter, BBC News Thousands of businesses across the UK will now have to close or extend...
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HS2 leg to Leeds will go ahead, says Shapps
admin, , Business, 0
Maria Machancoses, chief executive of Midlands Connect, a government-funded regional transport body, said: “While these verbal commitments are encouraging,...
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Audit reforms aim to prevent accounting scandals
admin, , Business, 0
Meanwhile, rules for small businesses will be relaxed as the government said they could be “forcing too many of...
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Banks must refund fraud up to £85,000 in five days
admin, , Business, 0
UK banks must refund fraud victims up to £85,000 within five days under new rules. Most High Street banks...
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