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DARK SECRETS: 24 | Rare Historical Photos

'Chasm' between weak consumers and booming businesses widens. How and when will it close?

Australian households are feeling "deeply pessimistic", but they are still spending money and business confidence keeps booming.

ABC News

Citigroup to hire another 400 at Belfast base - report

The move sees the US bank continue to grow its presence in Northern Ireland having first set up a base here 2004

Birmingham Post

Liz Truss 'considering nuclear VAT cut' to combat cost of living crisis

The Treasury is set to suggest plans which are modelled on Gordon Brown's response to the 2008 financial crisis to help households across the country battle against rising energy bills

Daily Mirror

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Oil Prices Rise on Potential OPEC+ Supply Cuts

Oil prices rose on Thursday on mounting supply tightness concerns amid disruptions to Russian exports, the potential for major producers to cut output, and the partial shutdown of a US refinery. Brent crude rose 59 cents, or 0.6%, to $101.81 a barrel by 0400 GMT, while US West Texas Intermediate…

Asharq Al-Awsat

Join us LIVE as we explain what to do right now before energy price cap announcement

Consumer champion Will Hodson from How To Save It will be joined by Mirror Money reporter Sam Barker at 1pm this afternoon to answer your questions about rising energy bills

Daily Mirror

Asset finance firm Propel boosted with new £500m financing round

The Newport-based firm is looking to accelerate asset lending to SMEs across the UK

Birmingham Post

Energy companies call for halt to price hikes as households face £5,000 bills

Several energy firms want to freeze energy bills at their current level, with a massive pot of cash that will be paid off later down the line by tax - or higher bills when prices drop again

Daily Mirror

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Warning that inflation could hit 18% at start of new year

Experts forecast that Consumer Price Index inflation will reach 18.6% in January

Manchester Evening News

How high can inflation go as soaring energy prices stoke cost-of-living crisis?

Citi says 18%, official forecasts say just over 13% -- why so high and when will inflation peak?

Evening Standard

Brits given four-month warning that inflation could hit 18%

Soaring energy bills to help send the cost of living sky high

Wales Online

UK inflation will hit 18% in early 2023, says leading bank Citi

Forecasts updated after 25% and 7% rally in gas and electricity prices respectively last week

The Guardian - UK

Inflation could almost double to 18.6% - as experts warn energy bills will top £5,800

Experts warn that inflation may rise by even more than the Bank of England fears, with energy bill rises pushing up the overall cost of living for millions of households

Daily Mirror

UK inflation set to ‘enter the stratosphere’ and hit 18.6% by January as gas prices continue to surge

Dire new forecast says energy bills will reach £5,816 in April

The Independent UK

Cost-of-living crisis: Shock warning on 18% inflation

City experts’ fears over energy price surge and claim rates could hit 7%

Evening Standard

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The National (Scotland)

Inflation will hit 18.6 per cent in January, investment bank predicts

INVESTMENT bank Citi has predicted that UK inflation is on course to rise to 18.6 per cent in January – the highest peak in almost half a century.

Evening Standard

Citigroup hit with £12.6 million fine by main City market watchdog

FCA finds the bank failed to reach requirements on surveillance to identify market abuse

The Times of India

Airtel Africa signs up for $125 million credit pact with Citi

MUMBAI: Airtel Africa has signed up for a $125 million revolving facility from American banking major Citi.

Benzinga

Western Digital Price Target Cut By Analysts Post Q4 Beat

Western Digital Corp (NASDAQ:WDC) clocked 8% year-on-year revenue growth to $4.53 billion in Q4, beating the consensus of $4.49 billion. Non-GAAP EPS of $1.78 beat the consensus of $1.68. Barclays analyst Tom O'Malley had an Equal Weight and $55 price target. The market expected a reset, but the depths of decline and the exclusion…

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Tribune News Service

How to save on back-to-school items during tax-free shopping days

There’s no dispute that the cost of consumer goods is soaring. The U.S. inflation rate rose 9.1 percent for the 12 months ending June 2022. With rising prices across many sectors, the prospect of shopping for your child’s school items can be daunting. What was once economical may now be…

The Conversation

Four ways your TV subscriptions could change because of the cost of living crisis

UK households are cancelling streaming service subscriptions, citing the need to cut comforts to afford increasingly expensive necessities such as food and fuel.

Bangkok Post

Citi, ShopeePay team for top-up service

Citi Thailand has partnered with ShopeePay to launch a quick transfer service on the platform for convenient and secure payments.

StockNews.com

Citi Downgrades Six Flags From Buy to Neutral. Should You Buy the Dip?

Shares of Six Flags Entertainment (SIX) have plunged significantly in price after Citi recently downgraded its shares, citing falling attendance due to rising inflation. So, would it be worth buying its shares at the current price level? Let’s find out.

The New Daily

Where to earn the highest rates on your savings

The top 10 savings accounts offer a chance to earn decent returns on cash deposits – especially if you are happy to make the move to a new bank.

Bangkok Post

Citi joins Man Group and PineBridge as bullish on China stocks

The trickle of positive calls on Chinese equities has turned into a flood as a recent easing of coronavirus curbs and pledges of more stimulus help revive sentiment.

Benzinga

Citi Remains Unfazed By Enron Collapse Predictor's Bearishness On These Data Center Stocks

Citi analyst Michael Rollins noted data center stocks Equinix, Inc (NASDAQ:EQIX), Digital Realty Trust, Inc (NYSE:DLR), Cyxtera Technologies, Inc (NASDAQ:CYXT) were down an average of >5% on July 1 on reports (including Financial Times) that an investor is "betting against 'legacy' data centers that now face growing competition from the trio of tech giants that have been…

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