(Sharecast News) - The Bank of England has left interest rates unchanged for the first time in 15 months, the central bank announced on Thursday, though the decision was finely balanced. The Monetary Policy Committee decided to maintain the Bank Rate at 5.25%...
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Fitch downgrades UK growth forecasts, warns of deeper recession
Fitch Ratings downgraded its UK growth forecast for next year on Monday, as it warned a deeper-than-expected recession is now likely. The ratings agency - which last week downgraded its credit outlook on the UK to 'negative' from 'stable', citing the mini-budget - now...
German govt to pay December gas bills for households, SMEs
The German government will pay the December gas bill for its citizens and small-to-medium sized businesses, under a planned cap published by a state-appointed expert panel on Monday. Under the commission's scheme, the one-off December payment would be followed by a...
UK retail footfall drops 1.6% week-on-week
UK retail footfall contracted week-on-week in the seven days ended 9 October, with rising energy prices seemingly impacting retail appetite. Compared to the previous week, there were declines in footfall in all but three UK geographies, with the decline being more...
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Average house prices reach new record in March
Average house prices in the UK hit a new record high in March, as the residential property market gained momentum, with fresh data on...
Easter egg demand supports more shopping trips – BRC
Demand for Easter eggs helped push up visits to UK shops in March ahead of a planned reopening of non-essential stores, industry figures...
LSE probes glitch at Refinitiv data arm
London Stock Exchange is investigating a two-hour interruption of services at its recently acquired Refinitiv data business. Subscribers...
Northern Ireland govt to meet as Belfast riots escalate
The devolved Northern Irish government is set to meet on Thursday to discuss the ongoing riots in Belfast after a sixth consecutive night...
UK construction surges as confidence spreads – PMI
UK construction output rose at the fastest pace for more than six years in March as a revival in confidence spread across the sector. The...
Footfall gains show pent-up shopping demand – survey
Visits to UK stores indicated pent-up demand for physical shopping in March as footfall increased at all venue types during what should be...
Britons spend £150m more on Easter confectionery – NielsenIQ
People in the UK spent around £150m more on chocolate during the past Easter holidays than in 2020. According to data from NielsenIQ,...
Top mental health official calls for gambling firms to fund addicts’ treatment
Head of mental health in England, Claire Murdoch, said on Wednesday that gambling firms should fund treatment for gaming addicts....
UK services sector returns to growth in March
The UK services sector returned to growth in March as new orders rose ahead of lockdown easing, according to a survey released on...
Retail footfall rises amid warmer weather
Footfall across UK retail destinations rose last week but the Easter weekend was hit by bad weather, according to the latest data from...
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