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Tag: british economy

UK inflation eases to over 2-year low to bolster BoE rate cut bets
Business

UK inflation eases to over 2-year low to bolster BoE rate cut bets

December 28, 2023December 28, 2023

In November, inflation within the United Kingdom eased to its lowest fee in additional than two years, prompting buyers to pile additional into bets that

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UK economy fails to grow in third quarter: ONS
Economy

UK economy fails to grow in third quarter: ONS

November 10, 2023November 10, 2023

Britain’s sluggish financial system didn’t develop within the July-to-September interval, figures from the Office for National Statistics (ONS) confirmed on Friday. A Reuters ballot of

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UK economy grows 0.2% in Q2, avoiding recession
Economy

UK economy grows 0.2% in Q2, avoiding recession

August 11, 2023August 11, 2023

The British economic system unexpectedly grew within the second quarter of the yr largely on account of a powerful rebound in June when many companies,

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UK economy makes slow start to 2023 as inflation weighs
Economy

UK economy makes slow start to 2023 as inflation weighs

June 30, 2023June 30, 2023

Britain’s financial system made a lackluster begin to 2023 as inflation ate into households’ disposable revenue, official figures confirmed on Friday, and economists see a

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UK shoppers boost spending again despite inflation’s squeeze
Economy

UK shoppers boost spending again despite inflation’s squeeze

June 23, 2023June 23, 2023

British retail gross sales unexpectedly rose in May, boosted by an additional financial institution vacation to mark the coronation of King Charles but in addition

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Surprise rapid pickup in UK wage growth bolsters pressure on BoE
Economy

Surprise rapid pickup in UK wage growth bolsters pressure on BoE

June 21, 2023June 21, 2023

The labor market within the United Kingdom outperformed even the best expectations of economists in knowledge on Tuesday, piling stress on the Bank of England

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Retailers, film industry help UK economy return to modest growth
Economy

Retailers, film industry help UK economy return to modest growth

June 20, 2023June 20, 2023

Britain’s economic system bounced again and returned to modest development in April, helped by retailers and the movie business, regardless of contractions in manufacturing and

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Strikes weigh on UK economy which stagnated in February
Economy

Strikes weigh on UK economy which stagnated in February

April 13, 2023April 13, 2023

Britain’s economic system stagnated in February as strikes by public staff hit output however a bounce in January was stronger than first thought, which means

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Britain’s fresh produce shortages serve up blame game
Economy

Britain’s fresh produce shortages serve up blame game

March 3, 2023March 3, 2023

Shortages of fruit and greens – from broccoli, cucumbers and lettuce, to tomatoes, peppers and raspberries — have served up a blame recreation in Britain.

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UK unemployment stable, inflation hits wages again
Economy

UK unemployment stable, inflation hits wages again

February 14, 2023February 14, 2023

British unemployment held near its historic low however wages proceed to be outstripped by rampant inflation, official knowledge confirmed on Tuesday. The unemployment price was

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