GDP

Today’s news in brief-12/10/23

Next is reportedly in the final stages of acquiring clothing brand FatFace in a deal worth over £100 million. This…

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UK economy improves slightly in August

The UK economy is estimated to have grown by 0.2% in August 2023, following a fall of 0.6% in July…

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How much is the ‘tourist tax’ harming retailers

The Centre for Economics and Business Research has calculated that the “tourist tax” is costing the UK £10.7bn in lost…

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Bank of England keeps interest rates unchanged at 5.25%

Following 14 straight rate rises, the Bank of England (BoE) has kept interest rates unchanged at 5.25%. At its latest…

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UK GDP falls by ‘worse than expected’ 0.5% in July

The UK economy shrunk by a “worse than expected” 0.5% in July as poor weather and industrial strikes impacted production,…

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UK economy grows by 0.2% in Q2

The UK economy has grown faster than expected in the three months to June, new figures from the Office for…

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UK economy shrinks in May

The UK economy contracted by 0.1% in May as output was negatively affected by the King’s coronation, according to the…

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UK economy set to grow amid increased investment, says CBI

The economy looks to have fared better than expected in the first half of 2023, and is set to steer…

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Will businesses survive after entering into administration?

Can you tell me about yourself? I am a chartered accountant and I lead the expanding retail and consumer goods…

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UK economy shrinks 0.3% in March

Monthly real gross domestic product (GDP) is estimated to have fallen by 0.3% in March 2023, after showing no growth…

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