But the end of favourable tax incentives and a looming corporation tax rise means a recent recovery could prove fleeting.
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The UK unexpectedly recorded a budget surplus in January, as markets had been expecting another deficit to be recorded on the national accounts.
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The UK economic outlook has improved significantly owing to the recent fall in wholesale gas prices, which analysts say will ease the pressures bearing down on households from July onwards.
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The Bank of England (BoE) would risk going too far if it continues to lift Bank Rate as fast as it has in recent months, its chief economist Huw Pill has said, suggesting that he too could favour a…
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Retail sales unexpectedly rose in January as UK consumers continue to spend, with one analyst saying the economic picture is "looking a lot less grim".
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UK retail sales are likely to surprise significantly on the upside of the market consensus on Friday, according to Barclays' UK Spend Trends 2.0 indicator, in a January outcome that would substanti…
Read more … →Don't bet against the Bank of England's inflation forecasts, is the warning from a leading international investment bank following the release of softer-than-expected UK inflation figures for Janua…
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