<p> British retailers suffered their biggest drop in sales for nearly three years in December, raising the risk of the economy slipping into recession at the end of last year, according to official data released on Friday.</p><p><br /></p><p>The Office for National Statistics (ONS) said people shopped fo
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When Will The Fed Actually Cut Rates? Financial Industry Giants Appear to Give Insights!
<p> Laura Cooper, a macro investment strategy analyst at BlackRock, and several banks, including Bank of America, expect no rate cuts in the coming months of the year. The United States Central Bank (Fed) has kept the Fed funds rate at 5.25%-5.5% for the third consecutive meeting in December as inflation continues to decline and Fed
Canadian Retail Sales Fall In November! Is This A Bad Sign?
<p> Retail sales in Canada fell 0.2% in November from October to C$66.61 billion ($49.36 billion), led by declines among food and beverage merchants, and general merchandise stores, Statistics Canada reported Friday. According to flash estimates, sales likely rose 0.8% in December, the agency reported.</p><p><br />&
Weekly Market Wrap with Gary Thomson: UK100 DROPS 1.5%, USD RISES, OPEC’S FORECASTS, MICROSOFT SURPASSES APPLE
<img src="https://fxopen.com/blog/en/content/images/2024/01/Wrap-video–15-19-January_en.png" alt="Weekly Market Wrap with Gary Thomson: UK100 DROPS 1.5%, USD RISES, OPEC’S FORECASTS, MICROSOFT SURPASSES APPLE" /><p>Get the latest scoop on the week's hottest headlines, all in one convenient video. Join
Fujitsu government contracts under scrutiny in light of Horizon scandal
<p>Treasury committee writes to 21 bodies including Bank of England and HMRC to demand details of post-2019 deals Fujitsu’s receipt of lucrative government contracts despite its role in the Post Office Horizon scandal has come under greater scrutiny after the Treasury committee wrote to organisations including the Bank of England an
Keir Starmer says Netanyahu ‘wrong’ to reject Palestinian state
<p>Labour leader says Israeli PM’s comments are unacceptable and Palestinian statehood not in his gift Middle East crisis – live updates Keir Starmer has criticised Israel’s prime minister, Benjamin Netanyahu, saying he is “wrong” to reject moves to establish a Palestinian state. The Labour leader stepped up crit
Foreign Office lawyers ‘unable to conclude if Israeli bombing was lawful’
<p>Documents reveal humanitarian law investigation was far more intensive than David Cameron suggested UK Foreign Office legal advisers were unable to conclude that Israel was in compliance with international humanitarian law (IHL) in its bombardment of Gaza, court documents reveal. After reviewing specific potential breaches of IHL cited in
Labour to hold crunch talks on future of £28bn green investment plan
<p>Sources say no decisions taken but Keir Starmer could abandon plan if it is deemed damaging to election chances Senior Labour officials are to hold crunch meetings on the future of the party’s flagship pledge to spend £28bn a year on green investment, amid reports Keir Starmer is preparing to ditch the entire plan. Party [&helli
Brexit divergence from EU destroying UK’s vital environmental protections
<p>Exclusive: Britain is falling behind the bloc on almost every area of green regulation, analysis reveals Northern Ireland ‘dirty corner of Europe due to lack of governance’ Explainer: UK environmental protections dropped since Brexit Vital legal protections for the environment and human health are being destroyed in pos
The UK environmental protections dropped since Brexit
<p>The scale of the law changes means environmental legislation in the UK is facing death by a thousand cuts Brexit divergence from EU destroying UK’s environmental protections Northern Ireland ‘dirty corner of Europe due to lack of governance’ Although the UK’s regression from EU environmental standards, revealed by t