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Matthew Davies

Matthew Davies


Articles

Estate agent boards outside a property. Private rents in the UK have risen 5.7 per cent in the 12 months to September, according to the ONS.
London rents increase at record rate

Rental prices in the capital rose by 6.2 per cent in the year to September, the highest rise since 2006, official figures show

BusinessOctober 18, 2023
A shopper walking through the aisle of a supermarket. UK inflation in September was at the same rate as the previous month. PA
UK inflation rate held at 6.7 per cent in September

Economists had expected a modest fall, and some now predict a rise in interest rates in November

BusinessOctober 18, 2023
The scene of destruction in Gaza, as seen from the southern Israeli city of Sderot. Most economic pundits believe the conflict has the potential to disrupt the world economy. AFP
Israel-Gaza war casts shadow over third-wave inflation, says S&P

Markets watching to see if conflict spreads and affects 'real variables in the region'

EconomyOctober 17, 2023
Tiktok said it had 'immediately mobilised significant resources and personnel' as a safeguard to its users during the Israel-Gaza war. Reuters
TikTok claims action taken on Israel-Gaza conflict videos

Bosses say platform stands against terrorism and is taking steps to protect its community

Palestine-IsraelOctober 16, 2023
Traders on the floor of the New York Stock Exchange. Some market watchers are now predicting that the sell-off in the bond markets will force share prices to crash. AFP
Great Crash: A sell-off in bonds that points to stock market turmoil

A rout in the bond markets is worrying equity traders that a crash in share prices might not be far behind

MarketsOctober 15, 2023
A poster for Call of Duty. The UK's competition watchdog initially blocked Microsoft's deal to buy its maker, Activision Blizzard. AP Photo
UK clears Microsoft's $69bn purchase of Activision Blizzard

Acquisition of the Call of Duty maker approved after agreement to sell streaming rights to Ubisoft Entertainment

UKOctober 13, 2023
A sale at a furniture store in London. The UK economy expanded in August, though experts said growth was 'anaemic'. EPA
UK economy bounced back in August

GDP rose 0.2 per cent in August, following a 0.6 per cent fall in July, according to official figures

UKOctober 12, 2023
The economic modelling takes hypothetical extreme weather event and predicts how the scenarios might play out across the global economy. Bloomberg
Extreme weather events could cost global economy $5tn

Economic modelling by Lloyd's of London shows catastrophic food and water shocks would be triggered by extreme weather

EconomyOctober 11, 2023
Heathrow Airport saw a 22.4 per cent increase in passenger traffic in September when compared to the same month last year. EPA
Heathrow Airport passenger numbers exceed pre-Covid levels

More than seven million people passed through the London airport in September, as it prepares for a change in leadership

UKOctober 11, 2023
Shadow chancellor Rachel Reeves delivers a speech on day two of the Labour Party conference. Getty Images
UK's Labour to increase surcharge for foreign property buyers

Stamp duty rise will help Britain's young buy homes, shadow chancellor Rachel Reeves says

UKOctober 09, 2023
A Metro Bank branch in London. Metro was launched in 2010, following the global financial crisis. Bloomberg
Metro Bank strikes £925m deal to shore up its finances

Move follows a weekend of busy negotiations, with Bank of England sounding out potential buyers

BankingOctober 09, 2023
Peter Bellerby says of his bespoke globes: 'We can help customers visualise what they want something to be.' Photo: Euan Myles
The globemaker with the whole world in his hands - and not just Earth

A workshop in London is resurrecting a moribund craft - one country at a time

WeekendSeptember 29, 2023
The 8,635-square-foot Cavendish Avenue property was built 23 years ago. Photo: Tony Murray Photography / Aston Chase
Mega mansions: Luxury Victorian villa a cricket ball's throw from Lord's

Six-bedroom super-prime property in trendy St John's Wood is on the market for £15 million

UKSeptember 26, 2023
Shoppers outside Stratford Station in London. Consumer confidence is up, but economists say Britain still risks falling into recession. Bloomberg
UK consumer confidence climbs to highest level in two years

As wage growth outstrips inflation, cost-of-living pressures begin to ease slightly

UKSeptember 22, 2023
t is the first time the Bank of England has taken a break from increasing rates since November 2021. Reuters
Bank of England holds interest rate at 5.25 per cent

UK's central bank leaves cost of borrowing unchanged after a surprise fall in inflation

UKSeptember 21, 2023
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