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Retail sales in Great Britain fall despite heatwave increasing food and drink demand | Retail industry

Retail sales across Great Britain weakened last month despite the men’s football World Cup and record temperatures boosting the demand for food and drink.The...

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UK economy on ‘firmer footing’ amid rising services sector activity and consumer confidence – business live | Business

Introduction: Retail sales fall despite World Cup and hot weather boosting drinks tradeGood morning, and welcome to our rolling coverage of business, the financial...

Bank of England cuts interest rates as it warns food costs could push inflation to 4% | Interest rates

The Bank of England has warned that rising food prices could drive inflation to 4% as it voted for a fifth cut in interest...

UK construction activity in July falls at steepest rate since Covid | Construction industry

Activity in the UK construction sector fell last month at the sharpest rate since the height of the Covid pandemic amid a collapse in...

Rachel Reeves needs to put up taxes to cover £40bn deficit, thinktank says | Tax and spending

Rachel Reeves will need to raise taxes to close a government spending gap that is on course to reach more than £40bn after a...

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