Economy
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UK unemployment rate lowest since 1974; real wages keep falling
UK real wages continued to fall in July, while the jobless rate dipped to its lowest level since 1974 as more people…
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Abrdn sells 2% stake in Indian insurer HDFC Life
Asset manager Abrdn said on Tuesday that it has sold a stake of around 2% in Indian insurer HDFC Life. Abrdn sold…
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BoE delays rate decision after Queen Elizabeth’s death
The Bank of England said on Friday that it will delay its next interest rate decision by a week following the death…
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China exports falter as global demand softens
China’s exports slowed markedly in August, official customs data showed on Wednesday, as global demand started to soften. Exports rose by 7.1%…
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UK house prices push higher – Halifax
UK house prices edged higher in August, industry data showed on Wednesday, reversing July’s decline. According to the latest Halifax House Price…
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Liz Truss announced as next UK Prime Minister
Liz Truss was announced as the next Conservative leader and UK Prime Minister on Monday. The former foreign secretary took 57% of…
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UK service sector growth eases to 18-month low in August
Growth in the UK services sector eased to an 18-month low in August, according to a survey released on Monday. The S&P…
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UK new car registrations rise 1.2% in August
UK new car registrations held steady at 68,858 in August, up 1.2% year-on-year during what is traditionally a quiet pre-plate change month.…
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UK manufacturing sector sees worst downturn since first Covid lockdown
The UK manufacturing sector suffered its worst downturn in August since May 2020, according to a survey released on Thursday. The S&P…
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UK retail footfall unexpectedly strengthens in August
Footfall unexpectedly strengthened across UK retail destinations in August, increasing from -14.2% in July to -13.2% last month. According to retail experts…
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