Markets await inflation figures as oil prices continue to rise | OilPrice.com

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Oil prices have risen sharply over the past three weeks as geopolitical tensions have increased, but worrying economic data from the US could send prices back down. Friday June 28, 2024 All eyes are on US inflation data as crude oil prices have maintained their hot streak and are expected to end this week with … Read more

DWP issues PIP update as record figures apply ahead of major changes

A staggering 250,000 people applied for Personal Independence Payment (PIP) between January and April 2024, the Department for Work and Pensions has revealed. This equates to an average of more than 80,000 new claims per month. The spike in PIP applications has led to a flood of questions about the duration of PIP awards and … Read more

Software group Fortnox repeats figures after challenge from FT

Unlock the Editor’s Digest for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. Swedish software group Fortnox has revised its key market share figures after the Financial Times questioned the figures it presented to investors at a capital markets day in May. Chief Financial Officer Roger Hartelius told … Read more

General election 2024: UK economy to flatten in April, official figures show

By means of James Sillars, business reporter @SkyNewsBiz Wednesday, June 12, 2024 7:46 AM, UK The British economy flattened in April, according to early official figures that have been seized on by government critics as evidence that the plan announced by the Conservatives is not working. The Office for National Statistics (ONS) said there was … Read more

General election 2024: UK economy to flatten in April, official figures show

The British economy flattened in April, according to official figures used by government critics as evidence that the Conservatives’ announced plan is not working. The Office for National Statistics (ONS) said there was zero growth in April compared to the 0.4% recorded in March. A poll of economists from the Reuters news agency had forecast … Read more

Spot rates ex-China are expected to reach five figures – high street prices will rise, The Loadstar warns

ship in port Photo 181044292 Cargo © Mr.siwabud Veerapaisarn Dreamstime.com

© Mr.siwabud Veerapaisarn By Gavin van Marle 07/06/2024 There were further double-digit increases in spot freight rates for containers this week, after a series of across-the-board rate increases and other surcharges came into effect on June 1, a day or two after last week’s indices were published. Drewry’s World Container Index (WCI) posted week-on-week gains … Read more