Economy
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UK services sector booms as cost pressure mounts
The recovery in the UK services sector continued at pace in June, a closely-watched survey showed on Monday, but cost pressures mounted…
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Former CMA chair claims watchdog needs updated powers
Britain’s Competition and Markets Authority needs an update of its powers, said former chair Andrew Tyrie, who claimed that consumers are being…
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Retail footfall flat as weather keeps shoppers away – Springboard
Footfall across all retail destinations was largely flat last week, industry data showed on Monday, as changing weather conditions kept people away.…
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Travel stocks tumble as Merkel pushes for EU-wide quarantine
Travel stocks came under intense pressure on Monday as Germany pushed the European Union to designate the UK a “country of concern”…
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Labour market to suffer if furlough scheme scaled back too rapidly
The Resolution Foundation’s latest research found that the labour market is recovering steadily from the pandemic but warns of “dangerous complacency” regarding…
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Retail sales rise to best level in nearly three years – CBI
UK retail sales rose in June as the vaccination programme boosted consumer confidence, according to a survey released on Friday by the…
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UK retail sales rise to best level in nearly three years – CBI
UK retail sales rose in June as the vaccination programme boosted consumer confidence, according to a survey released on Friday by the…
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UK car production accelerates in May despite ongoing supply shortages
UK car production accelerated in May, with 54,962 cars leaving factory gates last month, but the sector’s recovery still faces ongoing pandemic-related…
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UK consumer sentiment stable but inflation worries appear – GfK
UK consumer sentiment was stable in June but concerns about rising inflation appear to have undermined households’ confidence in the economic outlook,…
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UK government to ban junk food advertising online and before 9pm on TV
The UK government is set to announce a ban on junk food advertising online and before 9pm on television from 2023 in…
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