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Retailers are bracing for a Black Friday bonanza - boosted by news of consumer confidence finally turning a corner
By spending all of the extra inflation windfall in one go, its hard to avoid the conclusion that Hunt has taken a big gamble.
“The UK economy found its feet again in November as the service sector arrested a three-month sequence of decline," Tim Moore, Economics Director at S&P Global Market Intelligence said.
Listening to Jeremy Hunt, you would be forgiven for thinking the UK's public finances were in rude health. The OBR may disagree.
The Office for Budget Responsibility (OBR) has downgraded its growth forecasts for the UK economy over the next couple of years as higher interest rates bite.
Order books for manufacturing firms fell to their weakest level since early 2021, dampening hopes of a recovery in the sector.
An industrial strategy will not go amiss, but we must look at far more to fix Britain's growth problem, writes Paul Ormerod
Jeremy Hunt has vowed to boost business investment by £20bn a year by 2030 ahead of the Autumn Statement.
Chancellor Jeremy Hunt will take centre stage tomorrow when he delivers the Autumn Statement but investors are likely to pay just as much attention to the Office for Budget Responsibility (OBR).
Samuel Tombs, chief UK economist at Pantheon Macroeconomics, said that "October’s data likely are more indicative of the trend over the coming months".
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