But Lisa Hooker, leader of industry for consumer markets at accountancy firm PwC, said: “Consumers remain cautious about spending, particularly in discretionary and big ticket categories, and we do not predict a sustained recovery until the second half of 2024.”
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Inflation likely to hit 5%, warns Bank of England chief economist
admin, , Business, 0
The Bank of England’s new chief economist says it will have a “live” decision on interest rates next month.
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Government borrowing costs rise after PM’s U-turn
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“It’s unlikely that the removal of Kwasi Kwarteng as chancellor and the new plans to cancel the cancellation of...
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Morrisons agrees to raised £6.7bn takeover offer from Fortress
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It said in a statement: “Morrisons directors believe that the increased Fortress offer is in the best interests of...
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Audit reforms aim to prevent accounting scandals
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Meanwhile, rules for small businesses will be relaxed as the government said they could be “forcing too many of...
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Apple becomes the latest tech giant under siege
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When a new hardware product goes on sale, Apple employees form a guard of honour outside stores and applaud...
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Covid: Travel firms reject ‘overly cautious’ green list
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“Travellers will have an expectation that these new government rules should protect their health and their money, yet serious...
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Mike Ashley thinks luxury Flannels shops ‘bonkers’
admin, , Business, 0
Mr Murray, 33, is married to Mr Ashley’s eldest daughter Anna. Before he took over as CEO last year,...
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Two million could see energy cut off this winter, charity warns
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In one example, a family made up of a couple with two children under the age of 14 in...
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