Tag: growth
Reeves vows action on growth amid rising debt costs
Chancellor Rachel Reeves has pledged to go “further and faster” to improve economic growth after market turbulence saw the cost of servicing UK debt rise. The last few days have seen pressures on the public finances increase, after government borrowing costs hit their highest level for several years. Conservative shadow chancellor Mel Stride called it…
Reeves’ drive for growth seeks China lifeline after UK market turmoil
Chancellor’s mission to Beijing weighted with greater expectations Rachel Reeves hailed a new era of “respectful and consistent future relations with China” as pressure grew on the embattled chancellor to deliver on her government’s central promise to fire up UK economic growth. After meeting China’s vice-premier, He Lifeng, in Beijing, Reeves said Britain’s relationship with…
Greggs sales growth slows amid ‘lower consumer confidence’
Bakery chain says fewer shoppers on high streets over Christmas also to blame in ‘more challenging market’ Greggs, the UK’s biggest bakery chain, has reported slowing sales growth over the festive period, blaming weakening consumer confidence and fewer shoppers on high streets. The company said its total sales rose by 11.3% to just over £2bn…
UK long-term borrowing costs at highest since 1998 amid fears over weak growth
Yield rises above peak reached when Liz Truss’s mini-budget in 2022 caused turmoil in markets The UK government’s long-term borrowing costs have reached the highest level since 1998 amid investor concerns over Britain’s sluggish growth prospects and stubbornly high inflation. The yield – in effect the interest rate – on UK 30-year government debt rose…
Real Estate Market Outlook for 2025: Trends and Expectations
The Spanish real estate market is poised for sustained growth in 2025. Housing prices are expected to continue rising, driven by demand that could exceed 666,000 property transactions. Experts highlight intense competition and growth supported by lower mortgage rates.