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Top StoriesHungary’s July PMI Rises to 57.8 From 57.0 in June -Publisher
Top StoriesUK Inflation Expectations Fall Again as BoE Nears Rates Decision
Top StoriesIndustry-Leading Legal Benchmarking Survey From Association of Corporate Counsel and Major, Lindsey & Africa Shows Legal Spend Distribution Moves In-House, Especially for Smaller Companies
FinanceFunders, Corporates, Intermediaries: How Digital Networks Can Help to Make Everyone a Winner in Trade Finance
Nine Out of Ten Britons Increasingly Keeping Tabs on Spending -NielsenIQ
Date: July 26, 2022
By James Davey LONDON (Reuters) – Sales volumes at UK supermarkets fell 4.1% year-on-year in the four weeks to July 16, with nine out of ten Britons saying they are increasingly watching what they are spending as they battle a cost of living crunch, industry data showed on Tuesday. Market researcher NielsenIQ highlighted a 9.4%...
UK Factory Output Slows, Price Pressures Come Off Peak – Cbi
Date: July 25, 2022
By David Milliken LONDON (Reuters) -British industrial output grew at the slowest pace in over a year in the three months to July, but there are tentative signs that some challenges around inflation and investment are easing, a Confederation of British Industry survey showed on Monday. The Bank of England’s Monetary Policy Committee (MPC) must...
Germany on Cusp of Recession, Says Ifo, as Business Sentiment Sinks
Date: July 25, 2022
BERLIN (Reuters) – German business morale fell more than expected in July, the Ifo business sentiment survey showed on Monday, as the institute that compiles it said high energy prices and looming gas shortages had left Europe’s largest economy on the cusp of recession. The Ifo institute’s closely watched business climate index dropped to 88.6,...
Could a Mid-Year Mot Help Your Businesses Weather the Economic Storm?
Date: July 22, 2022
By Melitta Campbell, Business Coach Stepping back and doing a mid-year MOT has never been more important as businesses face an exceptionally difficult trading environment due to rising inflation and soaring energy costs. Deloitte’s latest CFO survey[i], which provides an authoritative barometer of UK corporates’ sentiment and strategies highlights that a record number of finance...
Slowdown and Cooling Prices Could Ease Rate Hike Pressure on BoE – PMI
Date: July 22, 2022
By William Schomberg LONDON (Reuters) -Britain’s businesses grew at their slowest pace in 17 months in July and inflation pressures eased, according to an industry survey that might reduce pressure on the Bank of England to deliver a bigger-than-usual interest rate hike next month. The preliminary version of the S&P Global’s Purchasing Managers’ Index (PMI),...
ECB Survey Sees Rise in Short- and Long-Term Inflation Exactions
Date: July 22, 2022
FRANKFURT (Reuters) – Euro zone inflation is set to be higher than forecast just a few months ago and even longer-term expectations are moving above the European Central Bank’s 2% target, a fresh ECB survey showed on Friday. Fearing that runaway inflation could get out of control, the ECB raised rates by a bigger-than-expected 50...