The British pound surged to its highest level in two years, driven by the Bank of England’s decision to maintain its interest rates. This financial maneuver…
Browsing: inflation
British retail sales have surged, marking the strongest growth in two years.Sales volumes rose 2.5%, surpassing expectations of a 1.5% increase.The Office for National Statistics reported…
The British Independent Retailers Association (Bira) has called for a reduction in interest rates to rejuvenate consumer spending as the Bank of England’s latest decision looms.Recent…
The Consumer Price Index (CPI) maintained a steady rise of 2.2% in August 2024, unchanged from the previous month.The Consumer Prices Index, including owner occupiers’ housing…
The Learning Technologies Group (LTG) has revised its financial forecasts due to the challenges imposed by high inflation and AI advancements.The company reported a revenue decrease…
Amazon’s new grocery initiative aims to make shopping affordable.The Amazon Saver line debuts exclusively in the US with low prices.Prime members receive additional discounts on a…
In August, the UK’s private sector economy exceeded forecasts despite looming tax concerns.The S&P Global composite PMI climbed to 53.8, outperforming predictions.Services and manufacturing sectors saw…
TJX Companies, the owner of TK Maxx, has revised its profit expectations upward, driven by robust sales figures.The company’s share price increased by 5%, reflecting strong…
M&S and Ocado continue to outperform other retailers in the market, marking significant growth in sales over the past 12 weeks.Sales for M&S rose by 10.7%…
Annual inflation rate increased to 2.2% in July 2024, surpassing the Bank of England’s target.The rise was driven by the slower decline in gas and electricity…