Economy
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CMA says PCR market needs tighter regulation
The Competition and Markets Authority said on Friday that the PCR Covid testing market needs to be more tightly regulated. The watchdog…
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UK economic growth slows markedly in July
Economic growth slowed in July amid rising cases of Covid-19, according to figures released by the Office for National Statistics on Friday.…
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UK house price growth eases as market cools from frenzy
UK house price growth started to ease in August as the market calmed down from a frantic rush to buy spurred by…
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Michael Saunders says Bank may need to hike rates in 2022
The Bank of England may need to raise interest rates over the “next year or so” if the UK economy continues to…
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UK retail sales growth slows as demand subsides
UK retail sales growth slowed in August as demand unleashed after the end of lockdowns began to fizzle out, industry figures showed.…
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FCA chair calls for further regulation of crypto tokens
The financial regulator made fresh calls for regulation on crypto tokens on Monday, despite recent efforts from platforms to crack down on…
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UK construction sector growth eases amid supply constraints
Growth in the UK construction sector eased in August amid supply constraints, according to a survey released on Monday. The IHS/Markit CIPS…
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Electric vehicle demand surges despite industry’s worst August since 2013
Electrified vehicle demand surged across the UK in August but supply chain constraints still undermined the overall market. New car registrations fall…
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Growth in UK services sector hits six-month low in August
Growth in the UK services sector eased in August to its slowest pace since March amid supply chain and staff issues, according…
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UK retail footfall rises but stays well below pre-crisis level
Visits to UK stores rose in August as workers began to return to offices but activity remained well below pre-pandemic levels, a…
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