Economy
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Maersk diverts large vessels from Felixstowe due to port being crowded
Container shipping company Maersk has been forced to divert its large vessels away from the UK as a result of the country’s…
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UK job vacancies hit record high
UK job vacancies hit a 20-year high between July and September, while the unemployment rate fell in the three months to August…
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Fears grow for festive shopping season as UK retail sales soften
Retail sales eased in September, data showed on Tuesday, as the UK’s post-pandemic recovery continued to lose momentum. In the five weeks…
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BoE’s Bailey, Saunders express concern over rising inflation
The head of the Bank of England called for further investment in infrastructure in the UK and said Bank was going to…
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Wet weather puts dampener on retail footfall in September
The recovery in retail footfall stalled in September, according to fresh data on Friday, with wet weather dampening the propensity of consumers…
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House prices rise at fastest pace since February 2007 – Halifax
House prices rose in September at the fastest monthly pace since February 2007 amid a “race for space” as the stamp duty…
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UK construction sector rocked by shortages
The UK construction sector’s recovery stalled last month, a closely-watched survey showed on Wednesday, as higher prices, staff shortages and supply chain…
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IMF chief warns of upcoming trim to global growth forecast
The International Monetary Fund indicated that it was taking the clippers to its growth forecast for 2021 on Tuesday, with its head…
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Prices surge as UK service sector sees costs spike
The UK service sector continued to expand in September, a closely-watched survey showed on Tuesday, but rising costs meant prices surged. The…
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Chip shortage causes UK new car sales to crash
New car registrations hit a 23-year low in September, industry data showed on Tuesday, as the global semiconductor shortage weighed heavily. According…
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