Economy
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Pandemic retail footfall gap continues to close in August
Visits to shops improved in August by around a quarter, according to fresh data released on Thursday, with footfall being 18.6% below…
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BoE appoints Huw Pill as new chief economist
The Bank of England has appointed former Goldman Sachs economist Huw Pill as its new chief economist, replacing Andy Haldane. Pill, who…
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UK manufacturing growth slows in August amid supply chain issues
UK manufacturing growth slowed to a five-month low in August amid supply chain issues, according to a survey released on Wednesday. The…
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UK house prices surge almost £5,000 in August
House prices surged in August, with the average property value across the UK increasing by almost £5,000 in just one month. The…
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Shop price rises are on the way, BRC warns
Higher shop prices are on the way as retailers face rising costs from supply chain problems, Brexit and other causes, the industry’s…
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Last week of summer break a boon for high street footfall
Footfall in UK retail destinations rose by 4.9% week-on-week in the last seven days, according to fresh data on Tuesday, with rises…
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UK consumers cautious in uncertain climate – BoE
UK households increased savings and borrowed no new money in July amid economic uncertainty and rising Covid-19 cases, Bank of England data…
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UK car production falls to lowest July level since 1956
British car manufacturing output declined 37.6% in July, according to the Society of Motor Manufacturers and Traders, with just 53,438 units made…
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CMA warns PCR test providers over ‘harmful practices’
The Competition and Markets Authority has sent an open letter to Covid-19 PCR test providers, warning that a range of harmful practices…
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Gatwick planning to bring second runway back into use
The UK’s second-busiest airport announced plans to bring its second runway back into use on Wednesday, with a public consultation to start…
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