While the annual figure for the Consumer Prices Index in July is thought likely to remain at 0.6 per cent, the Bank expects the year to August to show a 0.3 per cent drop, meaning prices are falling not rising.
Daily Mail Business Articles
HAMISH MCRAE: We want quality, not quantity post-Covid
A lot of rethinking has gone on, from the simple ‘do I want to commute every day?’ to the more thoughtful ‘if I am to travel less, how do I make each trip worthwhile?’
Thousands in City will never return full-time
We can reveal that audit and consulting giant PricewaterhouseCoopers is preparing for ’50 to 60 per cent’ of its staff to work flexibly on a permanent basis after the Covid 19 crisis passes.
UK start-up bringing cinema-quality films to mobiles
Discover.film will be launched this week as an app on 100million Huawei handsets in 26 countries and on My5, the Channel 5 streaming service.
Lloyds warns over coronavirus double-dip recession
Angus Armstrong, chief economic adviser at the bank, has sketched out the impact of infections hitting a second peak in January 2021.
Young’s boss warns ‘back to work’ or see Britain bankrupt
The desertion of the capital, as more than two-thirds of Britain’s office workers continue to work remotely, is starving Young’s Central London pubs of revenue.
Chinese close in on UK ‘internet of things’ pioneer
Powerful activist investors have built up large stakes in UK-listed technology firm Telit Communications amid fears that a China-backed fund wants to take control.
Marks &Spencer price war with Waitrose gets down to basics
In a significant strategic shift from its memorable TV campaigns of the past, M&S will this week attempt to win over shoppers by focusing on its competitive prices for basic foods.
Quarantine chaos wipes £1.4bn off value of Britain’s top travel firms
Investors took flight from airlines and tour operators after the Government removed France, Malta and the Netherlands from the quarantine-free list leading to a dash for the border last night.
Eat Out To Help Out scheme serves 10.5m meals in its first three days
The number of people visiting pubs, cafes and restaurants has tripled in a month as Rishi Sunak’s Eat Out To Help Out scheme has inspired workers to leave their homes and spend.