Inflation

Queensmith acquires ingleandrhode.co.uk from administrators

Queensmith has announced the acquisition of ingleandrhode.co.uk from administrators. According to Queensmith, the acquisition marks a “significant milestone” in its…

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Chancellor cuts NI by a further 2p as part of Spring Budget

Chancellor Jeremy Hunt has announced a further 2p cut to National Insurance falling from 10% to 8% from 6 April,…

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Consumer confidence falls in February

UK consumer confidence dropped two points in February to -21, according to GfK’s long-running index. The survey revealed that four…

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Retail sales slow as high cost of living enters third year

UK total retail sales increased by 1.2% year on year for the four weeks ended 27 January 2023, compared with…

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Ingle and Rhode to enter liquidation

Ethical jewellery business Ingle and Rhode has announced that the business is preparing for liquidation as a result of recent…

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Jewellery tops festive spending for 2023

UK jewellery and clothing sales have seen significant growth during the holiday period running from 1 November to 24 December,…

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Lower energy prices sees inflation drop to 4.6%

UK Inflation slowed sharply to 4.6% in October, beating economists expectations, thanks to a marked reduction in energy prices. According…

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Cost of living likely to hurt Christmas spending

Four in 10 consumers have said that they will be spending less on Christmas presents this year, according to data…

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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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Retail sales growth slows in July amid heavy rain

The UK’s total retail sales increased by 1.5% in the four weeks to 29 July, against the 2.3% growth experienced…

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