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Six high street banks broke CMA information rules

Six high street banks broke CMA information rules

by Jacqueline Wilson | Jul 22, 2022 | Economic News

Six high street banks were found to have broken rules imposed by the Competition and Markets Authority under the Retail Banking Market Investigation Order 2017, it was revealed on Friday. The banks included Metro Bank, which has refunded affected customers, as well as...
UK manufacturing output drops for first time since May 2020

UK manufacturing output drops for first time since May 2020

by Jacqueline Wilson | Jul 22, 2022 | Economic News

UK manufacturing output fell in July for the first time since May 2020, according to a survey released on Friday. The S&P Global/CIPS manufacturing output index declined to 49.7 from 50.3 in June, coming in below the 50.0 mark that separates contraction from...
UK consumer confidence remains at record low in July – GfK

UK consumer confidence remains at record low in July – GfK

by Jacqueline Wilson | Jul 22, 2022 | Economic News

UK consumer confidence remained at a record low in July amid surging prices and rising interest rates, according to the latest survey from GfK. The GfK consumer confidence barometer’s overall index was flat on the month at -48. The index for personal finances...
UK retail sales fall in June amid cost-of-living crisis

UK retail sales fall in June amid cost-of-living crisis

by Jacqueline Wilson | Jul 22, 2022 | Economic News

UK retail sales fell in June amid the cost-of-living crisis, according to figures released on Friday by the Office for National Statistics. Sales dipped 0.1% on the month following a revised 0.8% fall in May and versus expectations for a 0.3% decline. Retail sales...
Friday newspaper round-up: Starling Bank, airlines, SFO, EDF

Friday newspaper round-up: Starling Bank, airlines, SFO, EDF

by Jacqueline Wilson | Jul 22, 2022 | In the Press

Starling Bank has reported its first annual profit thanks to a surge in lending, though executives played down the impact that a controversial boom in Covid loans had on its path to profit. The chief executive and founder, Anne Boden, said the latest set of earnings...
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