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ONS blames government figures after revealing April inflation error
The miscalculation in April’s inflation rate, caused by incorrect vehicle excise duty data, may impact economic policy decisions and market confidence in official financial statist...
Read Full Article →UK retail sales boost as Brits enjoy warm weather
Retail sales in the UK increased notably in April, supported by favorable weather conditions that encouraged higher consumer spending on groceries, leading to a significant improve...
Read Full Article →UK net migration almost halves in 2024
The substantial decrease in net migration during 2024 may influence the UK’s labor market and public spending, potentially affecting economic growth and government resource allocat...
Read Full Article →Boost for Rachel Reeves as UK economy booms in first quarter
The UK experienced a notable increase in economic output during the first quarter, indicating enhanced business activity likely influenced by anticipated tax changes and internatio...
Read Full Article →Employment levels slump as Reeves’ taxes bite
The recent decline in job numbers reflects the impact of increased taxation on businesses, which appears to have reduced employer profitability and subsequently affected workforce...
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