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Richest households income nearly four times larger than poorest

The richest households in Britain earn nearly four times as much as the poorest, the Office for National Statistics has found.

United kingdomJack barnettNational health serviceOffice for national statisticsNational statistics

FTSE finance chiefs: Rates, inflation and growth squeeze CFOs confidence

Ratcheting up interest rate expectations and intense fears about sticky inflation has hobbled FTSE finance chiefs’ optimism.

United kingdomIan stewartJack barnettOffice for national statisticsNational statistics

UK inflation to fall to lowest level since March 2022

Inflation is on course to drop to its lowest level in over a year, but sticky underlying price pressures mean more rate rises could be needed.

United kingdomCity ofJack barnettSanjay rajaOffice for national statisticsBank governor andrew baileyDeutsche bankJp morganNational statisticsGetty imagesOxford economicsWall streetGoldman sachs

Interest rate hikes trigger record £2 1 trillion UK wealth collapse

The Bank of England has engineered the largest contraction in UK household wealth on record by jacking up interest rates, a report claims.

United kingdomIan mulheirnJack barnettResolution foundation theResolution foundationBank governor andrew baileyGovernor andrew bailey

FTSE 100 live: Slowing China economy weighs on London index

London’s FTSE 100 kicked off a fresh week this morning in downbeat fashion, dragged lower by signs that China’s economic recovery is cooling.

City ofUnited kingdomUnited statesJack barnettHargreaves lansdownSophie lund yatesSlowing china

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