Economy
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BoE’s Bailey, Saunders express concern over rising inflation
The head of the Bank of England called for further investment in infrastructure in the UK and said Bank was going to…
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Wet weather puts dampener on retail footfall in September
The recovery in retail footfall stalled in September, according to fresh data on Friday, with wet weather dampening the propensity of consumers…
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House prices rise at fastest pace since February 2007 – Halifax
House prices rose in September at the fastest monthly pace since February 2007 amid a “race for space” as the stamp duty…
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UK construction sector rocked by shortages
The UK construction sector’s recovery stalled last month, a closely-watched survey showed on Wednesday, as higher prices, staff shortages and supply chain…
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IMF chief warns of upcoming trim to global growth forecast
The International Monetary Fund indicated that it was taking the clippers to its growth forecast for 2021 on Tuesday, with its head…
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Prices surge as UK service sector sees costs spike
The UK service sector continued to expand in September, a closely-watched survey showed on Tuesday, but rising costs meant prices surged. The…
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Chip shortage causes UK new car sales to crash
New car registrations hit a 23-year low in September, industry data showed on Tuesday, as the global semiconductor shortage weighed heavily. According…
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WTO ups forecasts for global trade, but warns Covid risks remain
The Word Trade Organization has hiked its forecasts for the global trade in goods, but warned that downside risks from the pandemic…
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EU suspends trade talks with Australia amid subs row
The latest round of Australia-EU free trade talks have been postponed, a European official confirmed Friday, after Canberra’s decision to cancel a…
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UK manufacturing growth eases amid supply chain issues, labour shortages
UK manufacturing growth eased to a seven-month low in September amid supply chain issues and labour shortages, according to a survey released…
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