Company insolvencies rise across England and Wales; interest rate cuts less likely after UK pay growth accelerates – as it happened

Dec 17, 2024 - 07:15
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Company insolvencies rise across England and Wales; interest rate cuts less likely after UK pay growth accelerates – as it happened

UK wage growth has risen to 5.2% per year, making Bank of England highly likely to leave interest rates on hold on Thursday

Today is a crunch day for struggling UK utility Thames Water.

Thames is heading to the High Court this morning to seek appoval for a £3bn emergency loan designed to keep the company afloat. Continue reading...

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