General Economy

UK inflation data has surprised many, increasing to 10.4 percent in February rather than dropping to single digits as most economists had predicted.

More than one in 10 people who had retired have gone back to work with a combination of the cost-of-living crisis and a desire for a new challenge the main reasons for returning, according to research from Investec Wealth & Investment.

Former PAM Top 40 Under 40 Alex Brandreth spoke to thewealthnet about the reasons investment managers should be optimisic.

The European Central Bank (ECB) has risen interest rates by 50 basis points.

The anticipated Budget was delivered by UK Chancellor Jeremy Hunt yesterday (15/03/22).

US inflation dropped to six percent in February. 

UK GDP stood at 0.3 percent month-on-month in January, which was ahead of consensus expectations of 0.1 percent.

UK inflation fell “more than expected” in January, offering some optimism as the cost-of-living crisis continues in the country.

Counting down our top stories of the week...

With growth flat (0.0 percent) in Q4 2022, the UK has narrowly avoided a recession, for now.