The UK’s service sector returned to growth in February as business activity expanded at fastest pace since June 2022. Services firms reported that business activity and incoming new work both rose last month, for the first time since August 2022, as fears of an imminent recession fade. The S&P Global/CIPS UK services PMI survey showed...Read More
House prices appear to be on a downward trajectory in 2023. Most market commentators and experts are in broad agreement that prices will fall this year. Their house price predictions vary between a 1 per cent to 20 per cent downturn. While some blame can also be apportioned to rising living costs and the spectre of recession, housing market experts...Read More
The UK’s banking sector contributed more taxes to the Government in the last financial year as concerns over the UK’s future competitiveness grow, according to a new report. It comes as banks are bracing for new tax measures that could see a bigger chunk of their profits eaten up by fiscal policy. The UK’s banking...Read More
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