Economy
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Further rate rises likely if inflation persists – BoE’s Pill
The Bank of England’s chief economist has confirmed that further rate rises would be likely should inflation persist. On Thursday, the BoE…
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House price growth to slow in 2022 – Halifax
Halifax is predicting flatter house price growth in 2022 following the bumper gains seen this year, but warned there remained considerable uncertainty…
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UK retail sales unexpectedly jump in November
Retail sales unexpectedly jumped in November, official data showed on Friday, boosted by strong demand for clothing and a bumper Black Friday.…
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Omicron dents consumer confidence – GfK
Consumer confidence has eased, a closely-watched survey published on Friday showed, hit by the emergence of the Omicron variant and the rising…
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Sunak to hold talks with business over ‘lockdown by stealth’ – report
Chancellor Rishi Sunak will hold talks on Thursday with representatives of the hospitality and business leaders, raising hopes of government support for…
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BoE raises interest rates to 0.25% in surprise move
The Bank of England voted for a surprise increase in interest rates to 0.25% on Thursday to rein in rising prices. The…
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Daily Mail goes private after family secures votes
Jonathan Harmsworth has succeeded in taking Daily Mail and General Trust private after securing enough shareholder votes over the opposition of some…
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UK economic activity slows sharply as Omicron hits – survey
UK economic activity slowed sharply in December, research showed on Thursday, hit by tighter pandemic restrictions and growing uncertainty over the spread…
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House prices dip as stamp duty holiday ends
UK house prices eased in October, official data showed on Wednesday, after the stamp duty holiday came to an end. According to…
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Ofgem calls for energy suppliers to undergo financial stress testing
British energy suppliers will be required to undergo financial stress testing from January as part of an effort by Ofgem to measure…
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