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Brent oil price rallies as tensions in the Red Sea deepen
(Alliance News) - The price of oil rallied on Monday, after tensions in the Red Sea deepened, underscoring the geopolitical risks to crude supplies....
Read moreTime for Fed to talk about rate cuts as US inflation cools
(Alliance News) - Analysts went back and forth on Friday about whether or not the US Federal Reserve should cut interest rates at its March meeting....
Read moreImproving UK consumer confidence shows easing inflation being noticed
(Alliance News) - Consumer confidence in the UK has reached its highest level in two years, according to a GfK survey, with analysts saying prospects for interest rate cuts and...
Read moreTesla's warning on lower growth in 2024 "acutely disappointing"
(Alliance News) - Tesla Inc on Wednesday disappointed the market with its fourth-quarter earnings, with AJ Bell noting it could face a double hit from eroding market share amid Chinese...
Read moreMarkets overprice scope for rate cuts amid UK private sector recovery
(Alliance News) - The UK's private sector expansion was stronger than anticipated at the start of 2024, preliminary data suggested on Wednesday, although the Red Sea crisis is showing early...
Read moreFall in UK government borrowing clears way for election year giveaway
(Alliance News) - UK government borrowing shrank to a four-year low in December, figures from Office for National Statistics showed on Tuesday, with analysts saying the data clears the...
Read moreOil prices push higher amid escalating Middle East conflict
(Alliance News) - Oil rises rose on Friday in response to developments in the Middle East, as continuing anxiety pushes the price higher....
Read moreDecline in UK retail sales reflects tough Christmas trading period
(Alliance News) - UK retail sales figures for the final month of 2023 came in much weaker than expected, official data on Friday showed, which analysts said confirmed recent evidence...
Read moreUptick in UK inflation creates fresh challenges for Bank of England
(Alliance News) - UK consumer prices unexpectedly heated up in December, according to data on Wednesday, suggesting that hopes for a spring interest rate cut from the Bank of England...
Read moreUK interest rates called into question as pay growth cools
(Alliance News) - Figures from the Office for National Statistics showed on Tuesday that UK pay growth has cooled, calling into question the trajectory of interest rates....
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