Economy
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UK economic growth boosted by services sector
UK economic growth gathered pace in October, underpinned by the services sector, as supply shortages hit manufacturing and cost inflation reached a…
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Bank of England’s Huw Pill warns inflation could hit ‘very uncomfortable’ 5%
Inflation in the UK could hit a “very uncomfortable” 5%, according to Huw Pill, the Bank of England’s new chief economist. According…
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Retail sales unexpectedly drop in September
UK retail sales unexpectedly fell in September for the fifth month in a row, according to data released on Friday by the…
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UK consumer confidence hit by economic turmoil – GfK
Consumer sentiment has dropped sharply amid economic turmoil including fuel shortages and rising prices, a survey showed. The total measure of GfK’s…
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FCA calls for new legislation to prevent online scams
The Financial Conduct Authority called for legislative changes on Thursday to protect consumers from online scams. The regulator said duties on internet…
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UK manufacturing faces rising supply pressures – CBI
UK manufacturing output grew steadily in October but supply pressures continued to rise, a Confederation of British Industry survey showed. The net…
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UK public borrowing halves in first six months of fiscal year
UK public borrowing fell by almost half in the first six months of the financial year as it continued to recover from…
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Bundesbank chief Jens Weidmann to step down
Germany’s Central Bank said on Wednesday that President Jens Weidmann will step down at the end of December. Weidmann is leaving the…
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Houses prices spike ahead of stamp duty holiday ending
UK house prices jumped in August, official data showed on Wednesday, as buyers rushed to secure homes before the stamp duty holiday…
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Inflation dips in September but remains well above BoE target
UK consumer price inflation unexpectedly dipped in September despite the rising cost of fuel and transport, according to figures released on Wednesday…
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