Economy
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Retail footfall improves further in May, indoor dining boost muted
Data released on Thursday morning showed footfall at retail destinations had continued to strengthen since non-essential retail opened in April, but further…
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Trans-Pacific trade deal members agree for UK to join pact
Member nations of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership on Wednesday officially agreed to allow the UK to start the…
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Britons not yet confident enough in April to splurge, lending data reveal
Net mortgage borrowing and consumer credit growth both undershot economists’ forecasts in April, although mortgage approvals for home purchases continued at a…
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TfL receives conditional £1.08bn bailout from central govt
Transport for London (TfL) has agreed a strings-attached £1.08bn funding package from central government, its third bailout since the start of the…
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UK retail footfall grows 6.7% amid hot weather over bank holiday weekend
Footfall in UK retail destinations shot up 6.7% last week, according to data released on Tuesday by Springboard, with hot weather over…
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UK govt reportedly mulling plan to sell Channel 4
UK ministers are exploring a sale of Channel 4 amid a surge in dealmaking in the entertainment industry, the Times newspaper reported…
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UK manufacturing growth surges to record high
UK manufacturing growth surged to a new record high in May as Covid restrictions eased, according to a survey released on Tuesday.…
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UK house prices grow 10.9% year-on-year to fresh record average
Annual house price growth hit double digits in May, rising 10.9% year-on-year to a new record average price of £242,832 – its…
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Scammers steal £700,000 a day from Britons in fraudulent bank transfer
Over £700,000 is being lost to bank transfer scams every day in the UK, revealed the latest research by Which?. The research…
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Sterling pops higher after comments from BoE’s Vlieghe
Sterling popped higher after Bank of England policymaker Gertjan Vlieghe said the Bank is most likely to start raising interest rates “well…

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