Employers Predict a 4% Wage Boost
Employers are expecting wages to increase by 4%,CIPD predicts a 4% rise in wages as British employers adjust their pay rise plans. Learn how wage growth and inflation can affect the economy
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Women Managers Cut Bankruptcy Chances
Companies run by women are less likely to go insolvent than those run by men,New research from Creditsafe shows that male-owned businesses were more likely to go into insolvency between January-December 2023 than those run by females. The study compared the insolvency rates of…
Gold climbs as markets anticipate Fed rate cuts and Powell’s upcoming speech
Gold price movement reflects anticipation of Fed rate cuts and Powell’s upcoming speech,Find out why gold prices are soaring as markets anticipate Fed rate cuts. Get insights on Powell’s upcoming speech and the impact on the gold market.
Virgin Atlantic Breaks Ground with First Transatlantic Flight on Low‑Carbon Fuel
Virgin Atlantic operate first transatlantic flight using low carbon fuel,Virgin Atlantic are set to operate their first transatlantic flight using sustainable aviation fuel (Saf). The Civil Aviation Authority (CAA) have approved the flight which will be powered 100% by…
Ofgem Warns: UK Faces Power Shortages, Preparing for a Challenging Winter
Ofgem warns UK could face power shortages and Brits will have a ‘challenging’ winter ahead,The regulator Ofgem has warned that the UK is facing a “significant risk” of gas shortages and Brits will face a “challenging” winter which ..
Dollar Holds Steady as Traders Anticipate PPI Data and Fed\’s Upcoming Decision
Dollar stabilised as markets eye PPI and Fed’s next move,The Dollar stabilised as markets eye PPI data and anticipate the Fed's next move regarding monetary policy adjustments.
Forex Traders Rewire Strategies Around Monetary Policy Outlook
Forex traders increasingly focus on monetary policy expectations,The US dollar was marginally weaker today amid ongoing uncertainty. The currency could find limited support from today’s economic data releases as traders await tomorrow’s PMI data. Traders continue to…
Microsoft Cloud Reaches $59.5 Billion in 2020, Driven by the Pandemic Boom
Microsoft Cloud revenue hit $59.5bn in 2020 due to pandemic,According to the research data analyzed and published by Comprar Acciones, Microsoft was the top cloud vendor in 2020. Its revenue for the year totaled $59.5 billion, 31% higher than…
Services sector teeters on brink as budget tax hikes loom
Services sector was ‘close to stalling in November’ amid Budget tax increases,UK services sector slows to lowest rate in over a year in November due to Budget tax increases. Read more about the impact on businesses.
Households will see ‘a repeat of 2022 European gas prices rising’ if the Strait of Hormuz is shut
Households will see ‘a repeat of 2022 European gas prices rising’ if the Strait of Hormuz is shut,Households will see a repeat of 2022 European gas prices rising if the Strait of Hormuz is shut following tensions with Iran.