News

tesco store

UK supermarket sales in Q2 fell below £100 billion for the first time since...

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The fierce price war within the UK’s grocery sector has pushed supermarket sales below the £100 billion level for the first time since 2010,...
jobs

Clear deterioration in hiring intentions by UK employers following Brexit vote

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There is “clear deterioration” in hiring intentions by UK employers as a result of the Brexit vote, according to a report by CIPD and...
Tees REP biomass power plant

One of the world’s largest biomass power plants to be built in North East...

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Site preparation work for one of the world's largest biomass power plants - to be built in North East England - is due to start...
Ex aide of Nigel Farage George Cottrell arrested in USA

Nigel Farage former aide in FBI detention in fraud and money laundering probe

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A former aide of ex-UKIP leader Nigel Farage, George Cottrell, was detained by the FBI at Chicago’s O’Hare airport last month on suspicion of...
Andy Haldane

Bank of England monetary policy a short-term balm says Haldane

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Current monetary policy adopted by the Bank of England is just a short-term balm – one that cannot completely insulate the United Kingdom from...
UK construction statistics

UK construction in recession housebuilding and infrastructure down

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UK construction is officially in recession, figures show, as infrastructure and housebuilding output both declined in the second quarter of 2016. Economists fear this...
laptop and payment cards

Many companies overcharging for credit card use

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Dozens of organizations - including major airlines, travel firms, local authorities and insurers - are breaking the rules and overcharging for credit card according...
Pokemon_Go

Pokémon Go has been installed by 6.1 million UK adults, 87% still use the...

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Pokémon Go appears to have been a huge success in the United Kingdom, according to data compiled by pollster YouGov. The massively popular augmented reality...
China

IMF warns that China’s credit growth is unsustainable

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The International Monetary Fund warned that China’s credit growth is unsustainable. In this context, 'unsustainable' means that debts in China will face serious problems. Concern about...
rsz_construction_min

Construction output in the UK dropped by 0.9% in June

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Construction output in the UK dropped by 0.9% in June, slightly lower than economists had expected, following the 2.1% fall in May. Construction in June...