Economy


Accept EU Terms To Secure 'urgent' Brexit Transition Deal, MPs Say

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Treasury Select Committee says consequences of not agreeing a transition agreement would be "dramatic and damaging". Read more

Black Friday Sales Deliver Huge Boost To Retail Sector

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Retail sales climb 1.1% month-on-month in November as sales of household goods jump 2.9% thanks to Black Friday sales. Read more

Britons Could Begin Christmas Holidays On 11 December If It Wasn't For IT Issues

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Research shows IT issues are such a significant issue for British productivity that cost office workers 2 hours a week. Read more

UK Unemployment Rate Holds At Historic Low But Number In Work Falls For Second Month

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Number of people in work records a second month of decline and the largest drop since the quarter between March and May ... Read more

Water Bills To Fall Between £15 And £25 From 2020

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Ofwat says decline in financing costs for water companies will be passed on to customers from the beginning of next deca... Read more

Over 50% Of Britons Turn To Loans And Credit Cards To Fund Christmas Shopping

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Almost six in 10 British households have admitted having to make 'significant financial sacrifices' during the festive p... Read more

UK Faces Losses Of $140bn Over Coming Decade If 'no-deal' Brexit Goes Through

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Think tank says Britain will be worse off economically under most post-Brexit scenarios, especially if it exits the EU w... Read more

UK Inflation Surges To Highest Level In Over Five-and-a-half Years

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Bank of England Governor Mark Carney to write a letter to the Chancellor explaining why price growth is so far above the... Read more

Revealed: Why Britain Is Among The Cheapest Countries For Foreign Workers

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The annual ECA's Cost of Living Index found Luanda replaced Tokyo as the most expensive city for expat workers. Read more

London House Prices Set To Decline 2% In 2018

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Rightmove expects average house prices in England and Wales to grow at fastest pace in seven years in 2018. Read more

UK Is The Top Destination For European Jobseekers Despite Brexit, Study Suggests

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Nearly a third of those looking for a job in another country preferred Britain as their top work destination. Read more

UK Consumer Spending Falls For Third Consecutive Month In November

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Consumer spending fell 0.9% compared to a year earlier following a 2.1% drop in October, Visa and IHS Markit said. Read more

US Unemployment At 17-year Low But Wage Growth Remains Painfully Slow

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Jobs report makes clear the US economy is on a firm footing but income levels nowhere near boom times. Read more

House Price Growth Still Above Inflation, Despite First Decline In Four Months

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House prices grow 3.9% in the year to November, as annual rate of growth drops for the first time since July. Read more

Brexit: Why London Is Betting Big On India

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India is critical to the UK's plans to show that it can secure post-Brexit trade deals with non-European Union countries... Read more

Birmingham's Bullring Owner Snaps Up Rival To Create £21bn Retail Behemoth

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Newly-formed company will own a stake in 12 of Britain's 20 supermalls and will have combined assets worth over £20bn. Read more

Britain Ranks Bottom On State Pensions Among Advanced Nations

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Britons collect the equivalent of just 29% of what they earned at work on average when they turn 68. Read more

Two Million Britons See Their Bank Accounts Go Into The Red Each Month

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StepChange charity warns that customers are stuck in a vicious circle of borrowing and constantly struggle to repay over... Read more

UK Car Industry Hits The Brakes As New Registrations Fall 11.2% In November

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Confusion over the Government's policies towards diesel cars, see sales of diesel cars plunge 30.6% year-on-year. Read more

House Builders Say Government Housing Targets Will Not Be Met Without EU Workers

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Nearly a fifth of all workers in house building sites across England are from the European Union, census reveals. Read more