Inflation

BoE cuts interest rates to 4.25%

The Bank of England (BoE) has cut interest rates to 4.25%, down from the previous rate of 4.5%, marking the…

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UK sales increase 1.1% in March thanks to good weather boost

UK Total retail sales increased by 1.1% year on year in March, against a growth of 3.5% in March 2024,…

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Chancellor resists calls for business relief in Spring Statement

Chancellor Rachel Reeves has resisted calls from businesses for relief ahead of the upcoming tax changes this April, as part…

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BoE holds interest rates at 4.5%

The Bank of England (BoE) has voted to hold interest rates at 4.5%, having cut the rate last month to…

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Shop price inflation remains at 0.7% despite surge in food prices

Shop price inflation remained in deflation at 0.7% in February, after also falling to -0.7% in January, according to data…

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BoE cuts interest rates to 4.5%

The Bank of England (BoE) has voted to cut interest rates from 4.75% to 4.5%, the lowest level since June…

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Pragnell profits and revenues surge in FY24

Stratford-Upon-Avon based luxury jeweller Pragnell has seen its profit-before-tax increase from £8.75m to £9.27m and its revenues rise 14% to…

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BRC warns of 2025 falling sales volume despite December sales growth

The British Retail Consortium (BRC) has warned of possible falling sales volume in 2025 despite the modest increase in total…

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BoE holds interest rates at 4.75%

The Bank of England (BoE) has voted to hold interest rates at 4.75%, following a recent hike in both inflation…

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Bank of England cuts interest rates to 4.75%

The Bank of England has cut interest rates for the second time this year, with rates now cut to 4.75%.…

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