5 Things You Need To Know, Today, on Friday 8th November 2019
Justin Waite
5 Things You Need To Know
06:13, 8th November 2019

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5 Things You Need To Know, Today, on Friday 8th November 2019

5. The US and China have reportedly agreed to roll back tariffs as part of any new trade deal.

The reports come amid rising hopes that the two countries will sign a pact that declares an end to a trade fight that has disrupted the global economy.

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4. Hundreds of millions of pounds of care home fees paid by residents and local authorities are never reaching frontline services, claims a report.

The Centre for Health and Public Interest has revealed £1.5bn a year "leaks out" through rental payments, interest on loans, and profits.

(Click here to read more)


3. The Bank of England has warned that weak global growth and trade barriers created by the government's Brexit deal will hit the UK economy.

Even though The Bank voted to keep interest rates on hold at 0.75%, two out of the nine Bank policymakers called for an immediate interest rate cut to support growth.

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2. Both major political parties have dropped a key target which would have see the national debt falling over time.

Chancellor Sajid Javid said his new rule would allow 3% of GDP in investment on public infrastructure projects - potentially an additional £100bn over current plans.

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1. British employers’ demand for staff grew in October at the slowest rate in almost eight years, underlining suspicions that the labour market may be losing its strength.

(Click here to read more)


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The information, investment views and recommendations in this article are provided for general information purposes only. Nothing in this article should be construed as a solicitation to buy or sell any financial product relating to any companies under discussion or to engage in or refrain from doing so or engaging in any other transaction. Any opinions or comments are made to the best of the knowledge and belief of the writer but no responsibility is accepted for actions based on such opinions or comments. Vox Markets may receive payment from companies mentioned for enhanced profiling or publication presence. The writer may or may not hold investments in the companies under discussion.

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