Economy
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UK business activity growth slows in July
Business activity growth in the UK slowed in July, with private sector growth hitting a four-month low as shortages of staff and…
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Consumer confidence returns to pre-pandemic levels – GfK
UK consumer confidence edged above pre-pandemic levels in July for the first time, research showed on Friday. According to the latest GfK…
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UK factory output growth equals record but shortages loom – CBI
UK factory output rose at a joint-record pace in the past three months but worries about shortages of materials and labour were…
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UK public sector borrowing falls in June
UK public sector net borrowing fell in June as the economy opened up again, according to figures released on Wednesday by the…
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London dominates foreign inward investment – ONS
Almost half of foreign direct investment into Britain went to London in 2019 before the Covid pandemic struck, according to official data.…
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Shopper numbers set to surge as Covid restrictions ease
Footfall across all retail destinations is expected to spike by nearly 20% following Monday’s lifting of Covid restrictions, according to research published…
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BoE’s Haskel warns against preemptive tightening of monetary policy
One of the Bank of England’s top officials argued against reducing monetary stimulus for the economy. In prepared remarks for a speech,…
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Buyer ‘frenzy’ pushes UK house prices to fresh high
House prices have hit another fresh high, industry data showed on Monday, despite the stamp duty holiday coming to an end, as…
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BoE’s Saunders warns on inflation risk
The Bank of England may need to take action to curb inflation in the near future after conditions for tightening monetary policy…
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UK payroll jobs rise by 356,000 as economy reopens
The number of employees on UK payrolls rose by 356,000 in June as the labour market continued to recover from the worst…
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