Shop prices are falling, but the BRC warns that unless the government reforms the tax system, more businesses will go to the wall.
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The UK economy faces a critical juncture as private sector growth expectations stall, according to the latest CBI Growth Indicator.
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The UK's economic outlook appears increasingly pessimistic as the Institute of Directors (IoD) reports a sharp decline in business confidence, reaching its lowest point since December 2022.
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The ECB will speed up the pace as it cuts interest rates, according to economists.
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The Bank of England will remain concerned about inflation in the coming months, with a new business survey showing a marked rise in pricing expectations.
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A collapse in French and Spanish inflation to below the 2.0% level makes it increasingly difficult for the European Central Bank (ECB) to forgo a consecutive interest rate cut in October.
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Revisions to savings, consumption and income data show the U.S. consumer is in a better position than previously assumed.
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