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economics

  • UK business confidence steady at almost nine-year high in August

    August 30, 2024

    UK business confidence remained at an almost nine-year high in August, a closely-watched survey has suggested, in a positive sign for the country's economic prospects.

  • UK on track for record number of new company creations in 2024

    August 20, 2024

    The UK is on track for a record year of new company creations in 2024, new data has suggested, in a positive sign for the country's economic prospects.

  • UK could be ‘best performing economy’ so far in 2024 after week of data

    August 16, 2024

    It's been a busy week for the Office for National Statistics (ONS), publishing a raft of statistics on the UK economy for traders and Bank of England ratesetters to digest.

  • UK retail sales tick up in July after summer discounts and Euros boost

    August 16, 2024

    Friday's data is among a raft of economic figures released this week that will provide key indicators for Bank of England policymakers as they decide whether to cut interest rates in September.

  • UK economy grows 0.6 per cent in second quarter, in line with expectations

    August 15, 2024

    The UK economy grew in line with expectations in the second quarter of 2024, as it continued to bounce back from a shallow recession.

  • Do long prison sentences work? Economics has the answer

    August 15, 2024

    Sentences deter different groups in different ways - and behavioural economics shows how, says Paul Ormerod

  • US inflation dips to three-year low

    August 14, 2024

    US inflation reached its lowest since March 2021 in July, coming in at just 2.9 per cent and further strengthening the case for an interest rate cut from the Federal Reserve. Analysts had expected US inflation in July to come in at three per cent, unchanged from where it had fallen to in June. While [...]

  • UK unemployment falls unexpectedly as wage growth slows to two-year low

    August 13, 2024

    UK unemployment unexpectedly fell in the three months to June while a slowdown in wage growth to its lowest level in more than two years added to signs that the jobs market is cooling.

  • UK economic data dump set to bolster case against September rate cut

    August 12, 2024

    A slew of official UK economic data this week is poised to bolster the case for policymakers at the Bank of England not to cut interest rates next month, with inflation forecast to rise for the first time this year.

  • Week ahead: Rate cut may offer optimism for housebuilding sector

    August 4, 2024

    In a rather quiet week ahead, London markets are expecting updates from financial services firm Legal & General (L&G), housebuilder Persimmon, and real estate investment trust (REIT) Derwent London.

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