21 Dec Blog Why is inflation higher in UK than other countries? December 21, 2023 By GlobtecGroup 0 comments The UK's inflation rate has fallen to the lowest level in more than two years, but the cost of living is still rising faster here than ... Continue reading
20 Dec Blog Inflation falls to lowest level in over two years December 20, 2023 By GlobtecGroup 0 comments UK inflation fell by more than expected last month, driven largely by a drop in fuel prices. Prices rose by 3.9% in the year to No... Continue reading
19 Dec Blog BP pauses all Red Sea shipments after rebel attacks December 19, 2023 By GlobtecGroup 0 comments Oil giant BP will pause all shipments of oil through the Red Sea after recent attacks on vessels by Houthi rebels. The firm blamed the... Continue reading
18 Dec Blog Interest rates: Too early to speculate about cut, says Bank boss December 18, 2023 By GlobtecGroup 0 comments It is "too early" to speculate about when UK interest rates will be cut, according to the governor of the Bank of England. Andrew ... Continue reading
14 Dec Blog Federal Reserve signals interest rate cuts next year December 14, 2023 By GlobtecGroup 0 comments The US central bank has signalled it could start cutting interest rates next year if inflation continues to fall. Forecasts releas... Continue reading
13 Dec Blog Elon Musk’s Tesla recalls two million cars over Autopilot defect December 13, 2023 By GlobtecGroup 0 comments Tesla is recalling more than two million cars after the US regulator found its driver assistance system, Autopilot, was partly defectiv... Continue reading
12 Dec Blog Macy’s shares surge on hopes for $5.8bn buyout December 12, 2023 By GlobtecGroup 0 comments Shares of US department store Macy's have surged on hopes of a $5.8bn (£4.6bn) buyout deal. An investor group has offered to pay $... Continue reading
11 Dec Blog US jobless rate falls to lowest level since July December 11, 2023 By GlobtecGroup 0 comments Jobs growth in the US was stronger than expected last month, in part boosted as striking workers in Hollywood and the car industry retu... Continue reading
08 Dec Blog EU to delay tariffs on UK electric cars until 2027 December 8, 2023 By GlobtecGroup 0 comments Tariffs on electric vehicles traded between the UK and EU will be delayed for three years, the European Commission has proposed. I... Continue reading
06 Dec Blog Will curbs to migration hit the UK economy? December 6, 2023 By GlobtecGroup 0 comments The UK government has unveiled measures that it says will lead to the biggest ever cut in net migration. Home Secretary James Clev... Continue reading