British companies were the most upbeat about their trading prospects in 10 months in June and their hiring plans increased again but rising interest rates could prompt consumers to rein in spending, according to a survey published on Sunday. | Reuters
Buildings are seen in the Canary Wharf business district, as a man cycles along a path, in London, Britain. REUTERS/Peter Cziborra/File photo
LONDON – British companies were the most upbeat about their trading prospects in 10 months in June and their hiring plans increased again but rising interest rates could prompt consumers to rein in spending, according to a survey published on Sunday. Trade body Make UK and accountants BDO said their measure of business optimism hit its highest since August 2022, helped by the survey’s gauge of inflation pressure dropping to its lowest in nearly two years.The survey’s employment index posted its fifth consecutive monthly increase with rises in the number of self-employed and part-time workers, despite a slowdown in output growth with manufacturers seeing the worst output reading since May 2020.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
DOH: 1,382 new Omicron subvariant cases detected from June 26 to June 29More than a thousand additional cases of various Omicron subvariants were detected in the Philippines by late June, according to Department of Health (DOH) data.
Read more »
5150 race roars off in Panglao, Bohol on SundayPANGLAO, Bohol — The Province of Bohol will once again roll its red carpet for the Philippines “race-cation (race vacation),” the Sun Life 5150 & Go For Gold Sprint Triathlon race, which unfolds on Sunday, Ju... CDNDigital
Read more »
Pagasa: Fair, warm Sunday in most parts of PHhttps://www.youtube.com/watch?v=qVaT-yd6LfY MANILA, Philippines - It will be a warm Sunday in most parts of the country on Sunday with possible isolated rain showers and thunderstorms, the
Read more »
It's another hot, humid SundayIt will be a hot and humid Sunday as the easterlies will continue to prevail, the Philippine Atmospheric, Geophysical and Astronomical Services Administration (Pagasa) said.
Read more »
21 new cardinals named by Pope Francis on SundayVATICAN CITY — Pope Francis announced on Sunday that he would induct 21 churchmen to the high rank of cardinal in September. The following are set to become cardinals: Cardinal
Read more »
PH forex reserves sank back below $100B in JuneThe Philippines’ gross international reserves may have again fallen below the $100-billion mark after three straight months above this threshold to end June at $99.8 billion, mainly due to reduced investments abroad. | RonWDomingoINQ /PDI
Read more »