Economy
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DuPont to buy Laird Performance Materials from Advent for $2.3bn
DuPont has agreed to buy Laird Performance Materials from private equity firm Advent International for $2.3bn in cash. Laird is “a world…
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UK consumer confidence rises as vaccines offer crisis exit
UK consumer sentiment improved to its highest since the Covid-19 pandemic started as households looked beyond the crisis, a survey showed. YouGov’s…
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UK retail footfall declines for first time in seven weeks – Springboard
Footfall across the UK fell last week for the first in seven weeks, according to data released on Monday by retail analysts…
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Bailey says BoE needs ‘proof’ of recovery before tightening policy
The governor of the Bank of England said the BoE would need substantial proof the economy was recovering before considering tightening monetary…
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Staycation surge causes rise in price of seaside holiday lets
The surge in holidaymakers choosing to stay on the UK seaside for the holidays this year has caused a rise in the…
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UK house prices dip for second month – Halifax
UK house prices dipped for the second month running in February as the sector’s mini-boom appeared to peter out, Halifax said. The…
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Labour demand stabilises in February, REC says
Labour demand stabilised in February, although starting salaries fell modestly, even in the face of the national lockdown, the results of a…
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Sunak’s spending plans, tax cuts questioned by IFS
UK Finance Minister Rishi Sunak’s tax-raising Budget came under closer scrutiny on Thursday, with an influential thinktank questioning whether he could raise…
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UK construction returns to growth as confidence builds
The UK construction industry returned to growth in February as an increase in commercial building helped offset a slowdown in housing, a…
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Retail footfall jumps as shoppers eye end of lockdown
Retail footfall rebounded in February, despite ongoing lockdown restrictions, industry data showed on Thursday. According to retail consultancy Springboard, footfall rose 16%…
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