38 Luxury giant LVMH suffers its first quarterly sales drop since the pandemic
The IMF warns that global public debt will reach $100 TRILLION this year and that Britain must act quickly
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Consumer price inflation fell faster than expected in September, falling from 2.2 per cent to 1.7 per cent, data from the Office for National Statistics showed.
Last month’s inflation reading was below market expectations of 1.9 percent and strengthens the case for further Bank of England interest rate cuts in November.
The FTSE 100 will open at 8am Companies with trading reports and updates today include Whitbread, Just Eat, Quilter and Vertu Motors. Read the Business Live blog from Wednesday 16 October below.
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Business booming at Boots! Outgoing boss praises good results
Luxury giant LVMH suffers its first quarterly sales drop since the pandemic
‘Mixed results’ but five-year plan ‘provides a good foundation on which Whitbread can build its recovery’
Just Eat affected by the crisis in the US
Premier Inn owner Whitbread sees £300m profit rise
The IMF warns that global public debt will reach $100 TRILLION this year and that Britain must act quickly
“The fall in inflation will come too late to help the Chancellor in the budget”
The fall in the CPI consolidates expectations of a cut in November, but it is too early to announce another in December
Inflation slows to 1.7%