Rosslyn Data Technologies plc announced that all resolutions at its General Meeting were passed. The company will admit 68,707,425 new ordinary shares to trading on AIM, with dealings expected to commence on 28 October 2024. The total number of voting rights in the company will be 68,707,425. The announcement includes contact information for further inquiries.

The 2024 US presidential election, featuring Kamala Harris and Donald Trump, is poised to influence global financial markets. Harris, endorsed by Joe Biden, focuses on policies like reducing living costs and climate change, while Trump emphasizes 'America First' principles, including job creation and immigration. The election outcome, determined by the Electoral College, hinges on key swing states like Arizona and Georgia. Historical data suggests minimal long-term market impact from election results, with economic trends playing a more significant role. Investors are advised to maintain perspective and focus on financial fundamentals rather than election outcomes.

The Bank of England's potential 'soft landing' for the UK economy has sparked optimism, yet high-interest rates continue to challenge the housing market. Mortgage lenders are reducing rates, increasing affordability for homebuyers. Despite positive trends, uncertainties like inflation, geopolitical tensions, and interest rate policies persist. Tees Financial Limited offers expert financial advice, particularly in later life planning, equity release, and care fees planning, emphasizing the importance of informed decision-making in the current economic climate.

UK households are facing a 10% increase in the energy price cap from October, exacerbating the ongoing cost of living crisis. Tees Law's Wealth Team offers financial advice to help manage these challenges, including budgeting, energy efficiency, and seeking government support. Tees Financial Ltd provides personalized financial planning and support to navigate these financial difficulties.

The UK economic growth forecast has been upgraded, with retail sales showing stronger-than-expected growth in August, driven by warmer weather and end-of-season sales. The Office for Budget Responsibility warns of a potential tripling of national debt over the next 50 years without policy changes, citing factors like an ageing population and climate change. The Federal Reserve's indication of a slower pace of interest rate cuts has impacted market movements, with mixed performances across global stock indices. The upcoming budget by Chancellor Rachel Reeves is expected to involve difficult decisions on tax, spending, and welfare.

The Bank of England (BoE) has reduced interest rates for the first time since March 2020, with a further cut expected by year-end. The decision, made by a narrow 5-4 vote, was influenced by lower inflation rates, although recent data showed a slight rise in inflation. The UK economy continues to grow, with GDP increasing by 0.6% in the second quarter, driven by the service sector. However, growth is expected to slow in the latter half of 2024. Meanwhile, the US Federal Reserve is considering rate cuts, and global markets have shown mixed performance. Retail sales in the UK rebounded in July, aided by summer discounting and sporting events, despite challenging trading conditions.

The UK economy experienced unexpected growth in May, with GDP rising by 0.4%, surpassing forecasts. This growth was driven by increases in the services, manufacturing, and construction sectors. The S&P Global/CIPS UK Purchasing Managers’ Index indicated a post-election boost in business activity, with manufacturing output at its highest in over two years. However, the labor market showed signs of cooling, with a decline in pay growth and job vacancies. Inflation remained steady at 2.0% in June, contrary to expectations of a decrease. Retail sales volumes fell in June due to unfavorable weather and market uncertainty. The IMF highlighted persistent inflation challenges, complicating monetary policy.

The Labour Party, led by Keir Starmer, achieved a historic landslide victory in the UK General Election, securing over 400 seats. The Conservative Party faced its worst-ever performance, with significant losses, including senior MPs. The Liberal Democrats and Reform UK made notable gains, while the SNP experienced a challenging night. The election results have led to market stability, with a new parliament set to convene on 9 July. Labour's manifesto includes key pledges on planning reform, education, and immigration, with funding plans outlined. The article emphasizes the importance of monitoring financial developments in light of the election outcome.

The UK economy has shown significant growth, with a 0.6% increase in GDP from January to March, surpassing forecasts. This growth is attributed to strong performance in the services sector and a boost from the timing of Easter. Despite this, inflation data has tempered expectations for an imminent interest rate cut by the Bank of England, which remains cautious about reducing rates until more evidence of slowing inflation is observed. Consumer sentiment is improving, with rising confidence in personal finances, while wage growth remains robust despite a slowing job market. The Bank of England's next rate decisions are anticipated in June and August, with a potential rate cut in August still on the table.

The UK economy shows signs of recovery with GDP growth in early 2024, driven by manufacturing and service sector activity. Inflation rates have decreased but not as much as expected, affecting interest rate cut predictions. The Bank of England remains cautious about rate changes. UK markets performed well in April, while the jobs market showed signs of cooling with rising unemployment and declining vacancies. Retail sales stagnated, but consumer confidence remains strong due to falling inflation.