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BusinessEuro Zone January Business Activity Returns to Growth -PMI
Pressures Ease Though German Economy Still Shy of Growth -Flash PMI
Date: January 24, 2023
BERLIN (Reuters) – Pressure on the German economy eased further in January as inflation slowed and businesses looked to the new year with optimism, a preliminary survey showed on Tuesday, although sentiment was still shy of predicting a return to growth. S&P Global’s flash composite Purchasing Managers’ Index (PMI), which tracks both the manufacturing and...
German Consumer Sentiment Consolidates Upward Trajectory -GfK
Date: January 24, 2023
BERLIN (Reuters) – German consumer sentiment is set to improve for a fourth consecutive month in February as energy prices fall, a GfK institute survey showed on Tuesday. The institute said its consumer sentiment index rose to -33.9 heading into February from a revised reading of -37.6 in January, but was slightly below forecasts from...
Pickup in French Manufacturing Offers Hope as Services Sector Still Weak -Flash PMI
Date: January 24, 2023
PARIS (Reuters) – Output in the French economy fell slightly overall again in January, a purchasing managers’ survey showed on Tuesday, but manufacturing activity improved for the first time since August. A decline in activity in the country’s dominant services sector continued to drag down the overall picture, according to S&P Global’s flash composite purchasing...
UK Lenders Expect Further Widening of Mortgage Spreads: BoE
Date: January 19, 2023
LONDON (Reuters) – British lenders surveyed in late November and early December predicted a further widening in mortgage lending spreads in the three months to the end of February, according to a Bank of England survey released on Thursday. The BoE’s quarterly Credit Conditions Survey also showed lenders expected the availability of mortgages, consumer loans...
Why Financial Education Should Start at Primary Level to Help Secure a Better Future for Young People
Date: January 17, 2023
By Sharon Davies, CEO of Young Enterprise Thinking and talking about finances can be stressful and confusing, especially for young people. Financial education, however, has the potential to transform lives and also benefit the wider economy. The challenge The rising cost of living, coupled with a weak Pound and political and economic uncertainty, has increased...
Most British Firms Track Race, Ethnicity Data but Targets Still Lacking – Study
Date: January 17, 2023
By Juliette Portala and Simon Jessop LONDON (Reuters) – Nearly three-quarters of British firms are tracking race and ethnicity data, yet few have set targets to improve workplace equality or linked efforts to management pay, a survey by consulting firm Mercer showed on Tuesday. Improving boardroom diversity has become a hot topic for policymakers and...