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UK inflation held steady in June as price rises across the country stayed at the Bank of England’s target level for the second month running, according to official figures. The rate of Consumer Prices Index (CPI) inflation remained unchanged at 2%, the Office for National Statistics (ONS) said. It means that prices are still rising but at a rate that the central bank is comfortable with, after nearly three years […]
The average price tag on a home has dipped by more than usual for the month of July, according to a property website. Across Britain, the typical new seller asking price fell by 0.4% or £1,617 month-on-month in July to £373,493, down from £375,110 in June, Rightmove said. This was a bigger drop than the typical fall seen in July, according to the website, as new sellers tried to cut […]
The UK is well known to be an economic heavyweight, ranking in the top ten globally for GDP. However, the whole economic sector has been fraught with difficulties due to ongoing world events. During such uncertain times, it’s important to review the current state to be able to properly assess future predictions, which is exactly what we’ll do below. The Current State of the UK’s Economy After some turbulent times, […]
The Government’s stake in NatWest Group has dropped to below 20% for the first time since the bank was nationalised in the 2008 financial crisis. A stock exchange announcement on Monday confirmed that the Treasury’s stake in the bank is now 19.97%, down by a little under one percentage point. NatWest received several multibillion-pound bailouts during the financial crisis in 2008 and 2009, leaving the Government with an 84% stake […]
268,000 passengers travelled through its terminals on June 30. Heathrow has experienced its busiest ever day for passengers numbers. The airport said 268,000 passengers travelled through its terminals on June 30. It recorded a daily total in excess of 260,000 passengers five times during the month, including on consecutive days on June 23 and 24. Across the month as a whole, the airport saw 7.4 million passengers, up 5.6% from […]
The FCA say new rules will apply from the end of July. The UK’s financial regulator has set out an overhaul of the country’s stock market rules amid rising pressure after a string of firms shunned London listings. The Financial Conduct Authority (FCA) said new rules will apply from the end of this month which will create a “more straightforward” listing structure. Rachel Reeves was appointed Chancellor of the new […]
Analysis has been conducted by MoneySavingExpert.com. Martin Lewis, Taylor Swift, Elon Musk and Adele are among the people whose profiles have been commonly misused in scam adverts, analysis of Action Fraud data suggests. MoneySavingExpert.com analysed data from Action Fraud, looking at how frequently public figures were mentioned in scams reported to it in 2022 and 2023. The findings indicate that high-profile people from a range of sectors, including entertainment, business, […]
That's according to the BRC-KPMG Retail Sales Monitor. June’s poor weather saw consumer spending slump as shoppers gave up on their gardens and DIY and bought new televisions to watch the Uefa European Football Championship instead, figures show. Total retail sales across the UK were down by 0.2% on last June, with sales of products other than food down 2.9% year on year, according to the BRC (British Retail Consortium)-KPMG […]
The online casino industry has grown massively over the last two decades, and it’s hard to imagine it getting any bigger. However, projections suggest that this is just the tip of the iceberg. Indeed, it’s expected to rise to £136 billion by 2029 with an annual growth rate of 6.2%. Jackpot slots are a huge driver for this market, and the fact that they are often in the news serves […]
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