Economy
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Omicron dents consumer confidence – GfK
Consumer confidence has eased, a closely-watched survey published on Friday showed, hit by the emergence of the Omicron variant and the rising…
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Sunak to hold talks with business over ‘lockdown by stealth’ – report
Chancellor Rishi Sunak will hold talks on Thursday with representatives of the hospitality and business leaders, raising hopes of government support for…
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BoE raises interest rates to 0.25% in surprise move
The Bank of England voted for a surprise increase in interest rates to 0.25% on Thursday to rein in rising prices. The…
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Daily Mail goes private after family secures votes
Jonathan Harmsworth has succeeded in taking Daily Mail and General Trust private after securing enough shareholder votes over the opposition of some…
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UK economic activity slows sharply as Omicron hits – survey
UK economic activity slowed sharply in December, research showed on Thursday, hit by tighter pandemic restrictions and growing uncertainty over the spread…
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House prices dip as stamp duty holiday ends
UK house prices eased in October, official data showed on Wednesday, after the stamp duty holiday came to an end. According to…
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Ofgem calls for energy suppliers to undergo financial stress testing
British energy suppliers will be required to undergo financial stress testing from January as part of an effort by Ofgem to measure…
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Inflation surges to highest level for a decade
Annual inflation surged to 5.1% in November, the highest rate for over a decade, official data showed on Wednesday. The consumer price…
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Omicron will dent but not upend oil recovery, IEA says
The Omicron variant will dent global oil requirements but not derail the recovery in demand, the International Energy Agency said. The IEA…
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IMF urges BoE to act early to combat inflation
The International Monetary Fund has urged the Bank of England to act early to curb inflation as BoE policymakers set to meet…
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