Economy
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Retail sales growth slows as driver shortage hits stock levels
Retail sales grew at the weakest pace since March in the 12 months to September, it was reported on Friday morning, while…
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German business confidence falls on ‘bottleneck recession’
German business morale fell for the third month running in September, as manufacturers experienced a “bottleneck recession” due to the supply chain…
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Consumer confidence slides as prices rise
UK consumer confidence has fallen as concerns about rising food and energy prices mount, a survey published on Friday showed. The latest…
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More than 1m on furlough as scheme end looms
Up to 1.7 million people remained on furlough last month, official data showed on Thursday, just weeks ahead of the scheme coming…
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BoE leaves policy unchanged as job fears loom
The Bank of England left interest rates and its target for bond purchases unchanged as the central bank focused on slowing growth…
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UK economy loses momentum as costs surge
The UK economy stuttered in September, industry research showed on Thursday, as cost pressures mounted and demand eased. The flash reading for…
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US existing home sales decline in August
Existing home sales fell in August, with supply remaining constrained and prices accelerating further. According to the National Association of Realtors, existing…
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Global recovery strong but uneven, says OECD
The global economy is growing far more strongly than expected a year ago, it emerged on Tuesday, but the recovery remained uneven,…
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UK factory orders hit record but supply problems bite
UK manufacturing orders rose to their highest for at least 44 years in September but factories struggled to meet demand because of…
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UK public borrowing falls as economy revives
UK public borrowing fell in August as the economy recovered but higher inflation pushed up the cost of public debt, official figures…
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