Economy

Bumper Easter week to boost footfall by +6.6%

Footfall is forecast to rise by +6.6% across all UK retail destinations over the week of Easter, according to MRI…

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Retail sales slow as high cost of living enters third year

UK total retail sales increased by 1.2% year on year for the four weeks ended 27 January 2023, compared with…

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Consumer confidence improves during December

Consumer confidence improved two points during December to -22 as sentiment improved ahead of Christmas. All five measures were up…

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Chancellor cuts National Insurance to 10% alongside NLW rise

Chancellor Jeremy Hunt has announced a series of measures to help boost the UK economy as part of his Autumn…

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Lower energy prices sees inflation drop to 4.6%

UK Inflation slowed sharply to 4.6% in October, beating economists expectations, thanks to a marked reduction in energy prices. According…

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Retail sales growth slows in July amid heavy rain

The UK’s total retail sales increased by 1.5% in the four weeks to 29 July, against the 2.3% growth experienced…

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Hallmarking drops 35.9% in March

The total number of items hallmarked by all four UK Assay Offices fell 35.9% in March 2023 compared with the…

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Consumer confidence improves for first time in 15 months

UK consumer confidence in the final quarter of 2022 improved by half (+0.6) a percentage point, according to the latest…

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UK inflation dips for second consecutive month

UK inflation fell slightly for the second consecutive month from 10.7% to 10.5% in December as easing fuel costs were…

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UK GDP beats expectations as it grows 0.1% in Nov

The UK economy unexpectedly grew by 0.1% in November as the World Cup helped boost restaurant and pub sales, according…

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