Inflation
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Mar- 2022 -17 MarchNews
BoE raises interest rates to 0.75%
The Bank of England has raised interest rates back to the pre-pandemic level of 0.75% as it tries to mitigate…
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16 MarchRetailers
Retail sales monitor shows ‘cause for optimism’, Bira says
The British Independent Retailers Association (Bira) has said there is “cause for optimism” after the recent BRC-KPMG retail sales monitor…
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3 MarchCurrent Affairs
Gold prices spike amid Russian invasion of Ukraine
Prices of gold have reportedly surged to the highest level in more than a year in the hours after the…
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Feb- 2022 -18 FebruaryRetailers
Retail sales up 1.9% in January 2022
Retail sales volumes rose by 1.9% in January 2022 following a fall of 4.0% in December 2021, according to the…
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8 FebruaryNews
Consumer spending slows in January
Consumer card spending rose by only 7.4% in January compared to the same period in 2020, marking the smallest uplift…
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7 FebruaryEconomy
Consumer confidence falls for second consecutive quarter
The Deloitte Consumer Tracker has revealed UK consumer confidence fell by one percentage point in Q4 2021 to -11%, the…
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3 FebruaryNews
BoE raises interest rates to 0.5%
The Bank of England (BoE) has raised interest rates for the second time in three months to 0.5%, up from…
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Jan- 2022 -19 JanuaryCurrent Affairs
Inflation hits 30-year high
Inflation reached 5.4% in December, its highest rate since CPIH stood at 5.1% in May 1992, according to the latest…
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Oct- 2021 -27 OctoberEconomy
Chancellor unveils 50% rates discount for Retail, Hospitality and Leisure
Chancellor Rishi Sunak has unveiled a 50% discount on business rates for the hospitality, retail and leisure sectors (up to…
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Apr- 2021 -29 AprilEconomy
Global gold jewellery demand climbs 52%
The volume of gold jewellery purchased by global consumers has reportedly increased by 477.4 tonnes (t) year-on-year for Q1 2021,…
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