Economy
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Government borrowing hits record high in February
UK government borrowing hit its highest level in February since records began in 1993, according to figures released on Friday by the…
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UK consumer confidence rises as end to lockdown beckons – GfK
UK consumer confidence rose in March as the vaccine roll-out and the government’s plan to end lockdown raised spirits, a survey showed.…
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Bank of England says it’s nowhere near starting to raise interest rates
The Bank of England’s stewards voted unanimously on Wednesday to keep policy unchanged, arguing that it was nowhere near close to starting…
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Unite announces 23 days of strike action at Heathrow
Unite announced 41 strikes at Heathrow Airport for the spring on Wednesday, as part of what the union described as a “bitter…
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‘Ample’ supply weakens case for oil ‘supercycle’ – IEA
Demand for oil is set to rebound sharply in 2021 but talk of a supercycle is exaggerated, the International Energy Agency forecast…
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Optimism in UK economy highest since 2015 – survey
Confidence in the UK economy has surged as the vaccine rollout gathers pace, a survey showed on Monday. According to the latest…
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European Union mulling order for Sputnik V – report
The European Union is reportedly considering ordering Russia’s Sputnik V Covid-19 vaccine, as it looks to get its embattled vaccination programme back…
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Shopping centre revival fuels rise in UK shopping visits – survey
Weekly retail footfall in the UK rose 7%, suggesting pent-up demand among shoppers during the third Covid-19 lockdown, a survey showed. Footfall…
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Sanitiser, loungewear added to UK inflation basket
Hand sanitiser, men’s loungewear bottoms and hand weights have joined the basked of goods used to measure UK inflation to reflect changes…
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BoE’s Bailey cautious on inflation amid uncertainty
The governor of the Bank of England said he expected inflation to approach the BoE’s target soon but that he was cautious…
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