Shoppers preparing for Black Friday, says report

Shoppers preparing for Black Friday, says report

After a set of data that suggested that the UK economy was in a downward spiral, this morning there were signs that that message has not yet got through to shoppers. Retail sales in the UK increased by 0.5% in September – far ahead of a predicted decline – while the...


read more

USD: Argentina support backfires

Donald Trump’s White House has been a staunch supporter of Argentina’s Javier Milei. Along with the funding injection, Trump recently agreed to import more Argentine beef – a move that angered American farmers, who until recently had been suffering from a funding...


read more

EUR: EU hit by second heist

Heists are back in style. First in Paris, but now evidently in Greece, where police arrested dozens of people accused of accessing EU agriculture funds by posing as farmers. Police said that they had successfully stolen almost €20 million euros, with the sting part of...


read more

GBP: Bad for sterling, good for Reeves

Wednesday was one of those odd days where good news for the UK economy meant bad news for the pound. Sterling would recover from its early stumble, but there is no mistaking the change in tone within markets. To many, rate cuts are back on the menu, presenting the...


read more