UK applying to join Asia-Pacific free trade pact CPTPP
International trade secretary Liz Truss says Asia Pacific countries “will provide big markets” in the future for British products The UK is formally applying to join one of the world’s…
CHRISTMAS CRACKER: UK RETAIL SALES TO GROW AN ESTIMATED 2.5.% IN DECEMBER 2016
As Brits start to turn their minds towards filling this year’s stockings, Mintel estimates that total UK retail sales will grow 2.5% in December 2016 to reach £42.2 billion. Shying…
Shop prices keep declining in the UK
Period Covered: 04 – 08 July 2016 – Overall shop prices reported deflation of 1.6% in July, from the 2.0% decline in June. This is above the 12-month average of…
UK inflation rate picks up to 0.5%
The Consumer Prices Index (CPI) rose by 0.5% in the year to June 2016, compared with a 0.3% rise in the year to May. The June rate is a little…
Statement from the Governor of the Bank of England following the EU referendum result
The people of the United Kingdom have voted to leave the European Union. Inevitably, there will be a period of uncertainty and adjustment following this result. There will be no…
Bank of England unveils new £20 note design featuring JMW Turner
Today, Bank of England Governor, Mark Carney, announced that J.M.W. Turner will appear on the next £20 banknote due to be issued by 2020. At the announcement at Turner Contemporary…
UK retail sales rise in December, outlook for January weak – CBI
Internet sales rise thanks to Black Friday effect High street sales growth accelerated in the year to December, according to the CBI’s latest monthly Distributive Trades Survey, which covers the…