Bank of England

BoE delays interest rates decision

The Bank of England (BoE) has delayed its interest rates decision for one week, following the death of Queen Elizabeth…

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The business pledges of the Conservative leadership finalists

Business Rates On 9 August, the Retail Jobs Alliance, a coalition of retailers including Morrisons, Greggs and Tesco, called on…

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Inflation hits new 40-year high at 10.1%

Inflation has once again broken records with a new 40-year high recorded last month, as the Consumer Price Index (CPI)…

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Supply chain: How to avoid price rows in inflationary times

Managing price negotiations with key suppliers can be challenging at the best of times, but with inflation at a record…

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Heatwave helps boost retail sales 2.3% in July

Retail sales increased 2.3% in July as the heatwave experienced across the UK helped boost demand for “hot weather essentials”,…

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How luxury brands are turning to young consumers to boost sales

Despite the cost-of-living crisis having a firm grip on consumers, it seems that luxury brands are finding ways to retain…

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Women’s Euro and summer heatwave reduce online retail sales decline

Online retail sales growth dipped -2.3% year-on-year (YoY) in July 2022 as the Women’s Euro final and the summer heatwave…

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UK recession can be averted, claims Truss

In an interview with Sky News’s Kay Burley last night (4 August), foreign secretary Liz Truss claimed she could avert…

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BoE hikes rates to 1.75%, warns UK to enter recession until 2024

The Bank of England (BoE) has raised interest rates from 1.25% to 1.75%, marking the biggest rise in rates since…

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BoE raises interest rates to 1.25%

The Bank of England’s (BoE) Monetary Policy Committee has voted to raise interest from 1% to 1.25% – marking its…

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