Economy
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Britons face soaring energy prices after Ofgem lifts cap
Britons face soaring energy prices from October after energy regulator Ofgem said it was lifting the cap on default tariffs by 12-13%…
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UK retail footfall flatlines in July, BRC says
Visits to UK stores flatlined at a level far below prepandemic trends in July as Covid-19 restrictions were lifted, industry figures show.…
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BoE leaves policy unchanged despite inflation pick-up
The Bank of England left monetary policy unchanged though one rate setter voted to reduce the target for bond purchases as the…
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UK construction sector growth eases in July
Growth in the UK construction sector eased in July amid shortages of staff and supplies, according to a survey released on Thursday.…
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New car registrations fall in July amid supply shortages and ‘pingdemic’
New car registrations fell 29.5% across the UK in July as supply shortages weighed on the automotive sector’s recovery. According to the…
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German factory orders rebound in June
German factory orders rebounded in June as Europe’s biggest economy revived from Coronavirus lockdowns, official figures showed Orders rose 4.1% from the…
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Retail footfall falls further from pre-pandemic levels
Retail footfall worsened further compared to pre-pandemic numbers in July, a new survey revealed on Thursday, even after the number of shoppers…
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Euro zone PMI rises but worries over inflation, Delta variant persist
Euro zone business activity expanded at its fastest pace since 2006 but rising prices and the spread of the Covid Delta variant…
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UK July private sector growth slows on supply issues, worker shortages
UK private-sector growth slowed sharply in July and inflationary pressures increased as supply-chain issues and enforced worker absences due to Covid-19 isolation…
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Empty UK shops increase as pandemic hits sector
The proportion of UK shops sitting empty rose in the second quarter after retailers were buffeted by lockdowns and falling sales during…

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