Category: Century Business Finance Hub

Household spending growth drops – but is it all bad news for businesses?

The latest figures from the ONS reveal that household spending has grown by just 1.7 per cent in the past year, which is the weakest rate recorded by official sources since 2011. The main driver is believed to be falling pay in real terms, which has now begun to bite on household finances. Workers are [...]
Read Full Article

IKEA admits a 6.1pc gender pay gap across it’s business

Gender pay gap reporting has led to a few embarrassments in industry since it became mandatory, with IKEA the latest global brand forced to admit to a gender pay gap of 6.1 per cent. The company's survey found that men earned higher salaries in the retail business; however, women earned higher salaries on the distribution [...]
Read Full Article

Business investment returns as Brexit makes good progress

Are the brakes finally coming off business investment in the wake of the Brexit result? New research from the Bank of England (BoE) suggests this may be the case. The bank, which carries out monthly reviews of the UK's credit and cash flow status, found that lenders extended more finance to businesses in February. Lending [...]
Read Full Article