News And Announcements
Retailers call on police to get tough on crime in shops
More than one hundred retailers have written to police and crime commissioners in England and Wales on Thursday morning, calling on them to commit to making retail crime a priority in local policing strategies.
Government 'working up' cost-of-living package for new PM
The government is working on a new cost-of-living package to support Britons facing monumental uplifts in bills and prices, it was suggested on Wednesday, for the next prime minister to consider.
German inflation falls slightly in July
German inflation fell slightly in July to 7. 5%, confirming initial estimates, according to official data released on Wednesday.
China CPI hits two-year high on rising pork prices
Inflation in China hit a two-year high in July, driven by surging pork prices, according to official data released Wednesday.
UK retail sales grow in July
UK retail sales grew in July as Britons spent more in-store than online, according to new figures from the British Retail Consortium and accounting giant KPMG.
PwC, partner sanctioned over audit of BT's 2017 accounts
PricewaterhouseCoopers and one of its partners have been issued sanctions worth an initial £2. 5m, it was announced on Monday, for the audit of BT Group’s 2017 financial statements.
UK house prices fall in July for the first time in a year - Halifax
UK house prices fell in July for the first time in a year amid rising interest rates and surging inflation, according to a survey released on Friday by Halifax.
German industrial production makes slight unexpected gain
German industrial production unexpectedly in June, according to official data released on Friday and against supply-chain constraints.
Hot weather, higher prices see retail footfall decline
A hot July and higher price tags saw Brits making less visits to shops last month, according to fresh industry data on Friday, with total UK retail footfall decreasing 14. 2% over the pre-Covid comparative period in 2019.
Supply issues continue hammering UK new car registrations
UK new car registrations fell further in July amid ongoing supply issues, with the Society of Motor Manufacturers and Traders reporting 9% fewer registrations year-on-year, to 112,162 units.
Bank of England makes biggest rate hike since 1995
The Bank of England announced its biggest rate hike on Thursday since 1995 in the face of surging inflation, as it warned of a long recession.
UK construction sector contracts in July
Activity in the UK construction sector contracted in July, falling at its sharpest pace in more than two years, according to a survey released on Thursday.
German factory orders fall less than expected in June
German factory orders fell less than expected in June, according to figures released on Thursday by Destatis.
UK services sector grows at slowest pace since February 2021
The UK services sector grew in July at the slowest pace since February 2021 as inflationary pressures dampened demand, according to a survey released on Wednesday.
Eurozone business activity contracts in July
Eurozone business activity contracted in July amid a downturn in the manufacturing sector and as service sector activity slowed, according to a survey released on Wednesday.
House prices grow at slowest monthly pace in a year - Nationwide
UK house prices rose in July at the slowest monthly rate in a year as rising inflation and interest rates take their toll, according to the latest survey from Nationwide.
Eurozone factory activity slows in July as inventories build - PMI
Eurozone manufacturing activity contracted in July as weak demand saw inventories building, a survey revealed on Monday.
UK factory activity slips in July, but cost inflation past peak
Factory activity in the UK grew at its slowest pace of the past 25 months in July, as output shrank for the first time in more than two years and new work intakes and new export business fell further alongside.