Economy
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Elon Musk to take over Twitter in $44bn deal
Twitter faces an uncertain future, chief executive Parag Agrawal has told employees, after the social media giant agreed to be acquired by…
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Grocery inflation hits fresh high
Grocery price inflation continued to mount in April, research showed on Tuesday, to hit levels not seen in over a decade. According…
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UK borrows less than expected in March
The UK government borrowed less than expected in March and the estimate of borrowing for the rest of the past financial year…
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Visits to shops fall after strong pre-Easter build-up
Visits to shops fell last week, fresh industry data showed on Monday, after building up strongly ahead of the Easter holiday. According…
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Confidence plunges across UK manufacturing sector – CBI
Business optimism in the manufacturing sector has tumbled, research published Monday showed, after growth slowed and costs surged. According to the latest…
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Britons borrowing more as cost of living mounts – ONS
Nearly 90% of British adults reported an increase in the cost of living last month, data from the Office for National Statistics…
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Average house prices hit new record – Rightmove
Average UK house asking prices hit a new record in the first three months of 2022, according to website Rightmove. The average…
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Eurozone ‘two-speed’ economy sees services thrive, factories struggle
Eurozone businesses reported mixed pictures as the services sector reported an unexpected surge in growth, while manufacturing was hit by continuing supply…
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UK economic activity slows markedly in April amid rising inflation
Economic activity in the UK slowed markedly in April amid worsening inflation, not least record rises in firms’ costs, and a gloomier…
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UK retail sales slump in March as inflation spirals
UK retail sales fell by more than expected in March as surging inflation hit demand, according to official data released on Friday.…
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