Card payments now ‘more popular’ than cash in UK, study suggests

The number of debit card payments made in the UK overtook the use of cash in 2017, a new report…

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Blog, Economy Blog
Posted on: 18th June 2018

Inflation remains at one-year low

UK inflation remained at a one-year low of 2.4 per cent in May, despite many economists predicting a rise to 2.6 per cent following a surge in the cost of global oil prices. (more…)

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Blog, Economy Blog
Posted on: 14th June 2018

Strong growth for UK economy in final quarter of 2017

The UK economy grew much faster than expected in the final quarter (Q4) of 2017, new data has revealed. (more…)

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Blog, Economy Blog
Posted on: 11th January 2018

Hammond urged to support manufacturing in Autumn Budget

The Confederation of British Industry (CBI) has called on the Chancellor, Philip Hammond, to address the UK’s “productivity problem” by using this week’s Autumn Budget announcements to extend greater support to British manufacturers. (more…)

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Blog, Economy Blog
Posted on: 20th November 2017

Chancellor’s spending and deficit ‘dilemma’

The Institute for Fiscal Studies (IFS) has voiced concerns that the Chancellor Philip Hammond may have to scrap his planned…

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Blog, Economy Blog
Posted on: 30th October 2017

Economic growth exceeds expectations in third quarter

Official figures have revealed that UK economic growth exceeded expectations in the third quarter (Q3) of 2017. Data suggests that UK gross domestic product (GDP)…

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Blog, Economy Blog
Posted on: 26th October 2017

With Artificial Intelligence, UK economy could see an extra £630 billion

New research suggests that the UK could benefit from £630 billion, if Artificial Intelligence (AI) is supported and backed by the Government. (more…)

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Blog, Economy Blog
Posted on: 17th October 2017

SMEs set to boost the economy

A new study suggests contributions from Small and Medium-sized Enterprises (SMEs) in the UK’s top ten cities will grow by…

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Blog, Economy Blog
Posted on: 11th October 2017

UK economic growth robust, study finds

The latest data from the Confederation of British Industry (CBI) suggests that UK economic growth is robust, and continues to be driven by flourishing export activity spurred on by the weak pound. (more…)

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Blog, Economy Blog
Posted on: 2nd October 2017

Creative sector outperforms others in higher growth and employment

According to the latest Bazalgette review, the creative sector is a leading UK industry in terms of higher growth and employment, bringing in over £87.5…

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Blog, Economy Blog
Posted on: 26th September 2017