Economy

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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Bank of England raises interest rates by 0.5% to 3.5%

The Bank of England (BoE) has announced that interest rates will be raised by 0.5%, bringing the base rate of…

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UK economy returns to growth in October

The UK economy returned to growth in October following the period of national mourning after the death of the Queen,…

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Footfall rises 5.4% amid ‘cause for optimism’, Springboard says

Footfall rose by +5.4% across all UK retail destinations last week from the week before, with increases across all three…

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Black Friday footfall up 4.6% on 2021

Results for the period up to 12pm on Black Friday, 25 November, showed that footfall across all UK retail destinations…

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