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21 Dec
Blog

Why is inflation higher in UK than other countries?

  • December 21, 2023
  • By author-avatar 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 ...

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20 Dec
Blog

Inflation falls to lowest level in over two years

  • December 20, 2023
  • By author-avatar 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...

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19 Dec
Blog

BP pauses all Red Sea shipments after rebel attacks

  • December 19, 2023
  • By author-avatar 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...

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18 Dec
Blog

Interest rates: Too early to speculate about cut, says Bank boss

  • December 18, 2023
  • By author-avatar 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 ...

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14 Dec
Blog

Federal Reserve signals interest rate cuts next year

  • December 14, 2023
  • By author-avatar GlobtecGroup
  • 0 comments
The US central bank has signalled it could start cutting interest rates next year if inflation continues to fall. Forecasts releas...

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13 Dec
Blog

Elon Musk’s Tesla recalls two million cars over Autopilot defect

  • December 13, 2023
  • By author-avatar GlobtecGroup
  • 0 comments
Tesla is recalling more than two million cars after the US regulator found its driver assistance system, Autopilot, was partly defectiv...

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12 Dec
Blog

Macy’s shares surge on hopes for $5.8bn buyout

  • December 12, 2023
  • By author-avatar 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 $...

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11 Dec
Blog

US jobless rate falls to lowest level since July

  • December 11, 2023
  • By author-avatar 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...

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08 Dec
Blog

EU to delay tariffs on UK electric cars until 2027

  • December 8, 2023
  • By author-avatar 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...

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06 Dec
Blog

Will curbs to migration hit the UK economy?

  • December 6, 2023
  • By author-avatar 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...

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