August dates for DWP cost of living payments, benefits and pensions Food inflation lodged at 18.4 per cent, ONS warns, but supermarkets expect prices to begin to fall The Independent UK · Jul 4, 2023
Sainsbury's bosses believe they are starting to see the decline of massive price hikes The UK's second-largest chain has issued an important update about the price of your weekly shop Manchester Evening News · Jul 4, 2023
3 Home Improvement Stocks Worth Buying This July With easing inflation and increasing demand for smart and energy-efficient remodeling solutions, the home improvement industry looks poised to grow in the long run. Therefore, fundamentally strong home improvement stocks Sherwin-Williams (SHW), Kingfisher (KGFHY), and Energizer Holdings (ENR) might be solid buys. Read on. StockNews.com · Jul 4, 2023
Fears mortgage rates could hit 7 per cent as experts say rises are ‘out of control’ Bank of England urged to pause hikes and Sunak pressured to offer more support to homeowners facing ‘rolling financial thunder’ The Independent UK · Jul 4, 2023
Rishi Sunak’s five pledges: What are they and how much has been achieved? Mr Sunak made five pledges to “build a better future for our children and grandchildren”. Six months later, what has been achieved? Evening Standard · Jul 4, 2023
Retailers beware: Resumption of student loan payments could lead some buyers to pull back The reprieve is over The Independent UK · Jul 4, 2023
Here are the 5 things to know about the state of the economy this Independence Day As the U.S. celebrates its birthday with hot dogs and fireworks, the economy continues to grow, the job market is strong, but inflation and rising interest rates are keeping recession fears alive. WEKU · Jul 4, 2023
Rishi Sunak's five pledges six months on - from NHS waits to small boats crisis Rishi Sunak is scrambling to turn around the Tories' fortunes but time is running out for him to deliver on his 'five priorities' for Government ahead of the next general election - see how he's fared Daily Mirror · Jul 4, 2023
Food inflation starting to fall, says Sainsbury’s as sales rise Like-for-like sales up 9.8% in quarter and supermarket says it has put more than £60m into cutting prices of basics The Guardian - UK · Jul 4, 2023
Rising food prices are starting to ease, says Sainsbury's boss The cost of the weekly shop has been rising quickly Bristol Post · Jul 4, 2023
Sainsbury's boss says rising food prices are starting to ease The cost of the weekly shop has been rising quickly Wales Online · Jul 4, 2023
Afternoon Update: RBA warns of more rate hikes; dogs rescued from ‘horrific conditions’; and Australia records 7th-warmest June Cash rate pauses at 4.1% but governor says further rate rises are possible depending on the economy and inflation The Guardian - AU · Jul 4, 2023
Five-year mortgage rate hits 6% as savings lag behind; UK ‘only G7 member with rising inflation’ – as it happened Mortgage rates hit highest since last autumn, adding to squeeze on borrowers The Guardian - UK · Jul 4, 2023
Australian central bank leaves its benchmark cash rate at 4.1% but warns there may be further hikes Australia’s central bank has left its benchmark interest rate at 4.1% after inflation fell to 5.6% in May from 6.5% a month earlier The Independent UK · Jul 4, 2023
The Conversation · Jul 4, 2023 The RBA has kept interest rates on hold. Here's why it'll be cautious from here on The Reserve Bank decided to keep interest rates on hold at 4.1% because it thinks there’s a chance – just a chance – it has lifted them all it needs to.
The Guardian - AU · Jul 4, 2023 RBA interest rates: banks split on future rate hikes as uncertain economic outlook prompts pause Homeowners with a mortgage will be breathing a sigh of relief after RBA paused rate rising at Tuesday’s board meeting
Barchart · Jul 3, 2023 Stocks End Holiday-Shortened Session Slightly Higher What you need to know… The S&P 500 Index ($SPX ) (SPY ) Monday closed up +0.12%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.03%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.19%. Stock indexes Monday posted modest gains in a holiday-shortened...
AAP · Jul 3, 2023 Experts split as interest rate verdict hangs in balance There is light at the end of the tunnel for mortgage holders, but the Reserve Bank might have more work to do before it claims victory against inflation.
Barchart · Jul 3, 2023 M&As are Down 38% in 2023; Does That Mean a Recession is Coming? In the first half of 2023, mergers and acquisition (M&A) deals dropped to multi-year lows. Is this a harbinger for a recession?
The Independent UK · Jul 3, 2023 Rishi Sunak faces uphill battle in achieving his five pledges Six months after the Prime Minister asked the electorate to judge him on his aims, he risks failure in all of them.
StockNews.com · Jul 3, 2023 Should Investors Buy These Home Improvement Stocks This Week? With an increased demand for remodeling and the ongoing trend of homeowners investing in property upgrades, should you buy home improvement stocks Snap-on Incorporated (SNA), Acuity Brands (AYI), and Haverty Furniture Companies (HVT) this week? Read on to know more….
The Independent UK · Jul 3, 2023 What's 'Bidenomics'? The president hopes a dubious nation embraces his ideas condensed into the term President Joe Biden has long struggled to neatly summarize his sprawling economic vision
Barchart · Jul 3, 2023 Stocks Slightly Lower as U.S. Manufacturing Activity Unexpectedly Contracts What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is down -0.05%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.109%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.03%. Stocks this morning gave up an early advance and...
The Hindu · Jul 3, 2023 Andhra Pradesh: 6,400 MTs of wheat, 7,000 MTs of rice to be e-auctioned on July 5 In an attempt to stabilise and check inflation in the retail prices of wheat and rice, the Food Corporation of India (FCI), Regional Office, Amaravati offered 6,839 MTs of wheat through the first e-auction on June, 28 2023, with the participation of 11 bidders and the sale of 900 MTs…
Axios · Jul 3, 2023 A mid-year assessment for the U.S. economy So far the immaculate disinflation — what had seemed a remote scenario in which inflation comes down without a recession — has materialized.