Economy
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Manufacturing input prices hit 30-year high in November
UK manufacturing input prices hit a 30-year high in November amid supply chain issues, according to a survey released on Wednesday. The…
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UK shop prices rise for first time since 2019 – BRC
UK shop prices rose in November for the first time in two and a half years with increases predicted for Christmas and…
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Scottish Power, National Grid agree to pay £158m for subsea cable delay
National Grid and Scottish Power have agreed to pay £158m in redress for delays to the Western Link power cable project following…
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High Street footfall declines on Black Friday for first time in history
UK retail footfall rose 2% week-on-week in the seven days ended 27 November, however, this was driven by shopping centres and retail…
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EU, eurozone consumer Nov sentiment falls as expected
Economic sentiment in the European union and euro zone eased fell in November, in line with consensus estimates, as rising Covid cases…
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UK consumer credit and mortgage lending rise by less than expected in October
Lending to individuals edged higher in October even as mortgage borrowing hit a three-month low. According to Bank of England, total lending…
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CMA set to block Facebook acquisition of GIF platform Giphy
Facebook’s acquisition of animated GIF platform Giphy is set to be blocked by the UK’s competition watchdog, it was reported on Monday,…
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UK car production slumps to 55-year low in October
UK car manufacturing fell 41.4% year-on-year in October, with just 64,729 vehicles rolling off production lines, making it the industry’s worst October…
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EU to restrict travel from Southern Africa due to Covid variant
The European Commission is planning to activate emergency powers to ban air travel from Southern Africa in response to the new Covid…
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Information Commissioner’s Officer sets out new data protection standards
The Information Commissioner’s Office set out clear data protection standards on Thursday that firms must meet in order to safeguard people’s privacy…
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