Economy

Top 10 FTSE 100 stocks that investors can eye in September

The FTSE 100 index or footsie constitutes the top 100 companies that trade on the London Stock Exchange.

Current UK energy crisis likely to have bigger impact than 2008 cras...

Highlights:,UK's energy regulator Ofgem has raised the energy price cap by 80% to £3,549.,The hike risks pushing more people into fuel poverty as they...

Stocks on investors' radar as Brits default on bill payments

Highlights:,Inflation hit double digits in July, forcing people to make difficult choices.,A major chunk of people defaulted on at least one bill last...

Six million Brits to get cost-of-living payments: Which stocks to ey...

Highlights:,People with disabilities will receive the £150 cost of living payment in September, the Department for Work and Pensions has announced.,Th...

10 stocks to watch as households face record dips in real income

The most significant contributor towards the rising household bills is the soaring energy costs.

What does BoE's biggest interest rate hike mean for you?

Highlights:,The Bank of England has hiked the interest rates by 50 bps, the biggest in the last 27 years.,It also raised its inflation forecast, sayin...

Why UK’s net zero plan is still work in progress

The UK’s ambitious net zero by 2050 target was proposed by CCC.

Tax cuts: Where do Rishi Sunak and Lizz Truss stand?

Highlights:,The UK will get a new prime minister on 5 September, and it'll either be Rishi Sunak or Lizz Truss.,Both have sharply divergent plans to h...

TSCO, GSK, HSBC: Stocks to watch as Rishi Sunak promises slash incom...

Highlights,Tory leadership contender and former chancellor Rishi Sunak has vowed to slash the basic rate of income tax to 16% from 20% by the end of t...

ULVR, AZN, BATS: Stocks to watch as IMF cuts UK growth forecast

Highlights,The International Monetary Fund (IMF) has cut global growth forecast to 3.2% this year from a forecast of 3.6% issued in April.,The UK is e...

Stocks to keep a close eye as DWP releases payments to over 7.2 mill...

Highlights,The DWP has announced that more than 7.2 million cost-of-living payment of £326 has been made as part of former chancellor Rishi Sunak’s su...

UK economy bounces back in May: Are challenging times over?

Highlights:,The UK economy registered an unexpected growth in May, largely aided by GP appointments.,The monthly GDP is now 1.7% above its pre-pandemi...

Key things to note as Boris Johnson quits as PM

Highlights:,UK PM Boris Johnson is set to quit after more than 50 cabinet ministers tendered their resignations.,He will address the nations on Thursd...

Five major challenges new UK Chancellor Nadhim Zahawi faces

Highlights:,Nadhim Zahawi has been appointed as the new Chancellor of the Exchequer after Rishi Sunak stepped down.,Amid the cost-of-living crisis, Za...

Rishi Sunak and Sajid Javid resign amid the UK’s economic downturn

According to the latest Financial Stability Report published by BoE, the condition of the UK economy has worsened considerably.

ANTO, NG., CNA: Stocks to consider if recession hits UK

Accountancy firm KPMG has forecasted that the country may witness a recession next year. UK's GDP growth is estimated to shrink by half this year and...

UK inflation climbs to 9.1%: Which stocks can you consider now?

Highlights:,According to the ONS, UK inflation reached 9.1% in May, the highest since 1982.,This is more than four times the 2% target of the Bank of...

BoE raises interest rates to 1.25%: How will it affect UK inflation?

Highlights The Bank of England on Thursday announced the fifth consecutive hike in interest rates. The central bank was under pressure to take agg...

Why sending parcels may cost Aussies more?

Highlights Postal service providers, including Australia Post, have announced massive bumps to their surcharge fees. High fuel and transportation...

UK economy contracts by 0.3% in April: What lies ahead?

Highlights The UK economy shrank by 0.3% in April, the latest data from the ONS revealed on Monday. This is the first time that all main sectors -...