Economy
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UK economy continues to accelerate in April as lockdowns are eased, PMIs show
Manufacturing and services activity in Britain accelerated further at the start of the second quarter, with the former expanding quickest as lockdowns…
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UK retail sales soar 5.4% in March
UK retail sales soared in March ahead of a partial lifting of coronavirus lockdown restrictions, according to official data released on Friday.…
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UK borrowing soars to post-war high as crisis hits finances – ONS
UK government annual borrowing hit a high not seen since the aftermath of the second world war as Covid-19 forced the government…
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UK consumers cautious as economy reopens – GfK
UK consumer sentiment took a cautious turn in April as concerns about new strains of Covid-19 and the economy tempered the enthusiasm…
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Odey bets against Deliveroo shares – report
Odey Asset Management has taken a short position against Deliveroo in the first evidence of hedge funds betting against the food delivery…
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UK manufacturing sentiment rebounds as economies reopen – CBI
UK manufacturing optimism improved at its fastest pace for almost 50 years and investment intentions rebounded as economies began to reopen from…
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UK house prices rise at fastest rate since 2014 – ONS
UK house prices have risen at the fastest pace in more than six years, official data showed on Wednesday, fuelled by the…
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UK inflation rises to 0.7% in March
UK inflation rose to 0.7% in March as the cost of fuel and clothing rose, setting the scene for sharper increases later…
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Nationwide lifts borrowing amount for first-time buyers
UK building society Nationwide is increasing the amount it will lend to first-time buyers in a move it claims will help increase…
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UK payrolls fail to improve as expected in March
Britain’s labour market failed to improve as much as anticipated in March, confounding economists’ expectations and the results from recent surveys. Economists…
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