Bank of England warns it could step in to curb rising inflation
The Bank of England may need to step in with early action to deal with rising inflation if price pressures persist, one of Threadneedle Street’s policymakers have said.
ECONOMY
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ECONOMY
July 15, 2021 -
ECONOMY 
July 14, 2021 Food and petrol price rises drive UK inflation higher in June
The UK’s rate of inflation soared to its highest for almost three years in June on the back of increases in the prices of food and motor fuel.
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ECONOMY
July 11, 2021 Morrisons suitor in £415m ‘asset-stripping’ storm
An American private equity suitor for supermarket Morrisons is embroiled in a long-running legal battle over allegations that it ‘asset stripped’ a company and left it ‘on the verge of bankruptcy’.
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ECONOMY
July 9, 2021 Economic recovery loses pace in May
The UK’s economic recovery slowed substantially in May, despite the continued reopening of the economy.
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ECONOMY
July 8, 2021 UK employers struggle with worst labour shortage since 1997
Britain’s employers are struggling with the worst staff shortages since the late 1990s, amid the rush to reopen from lockdown and a sharp drop in overseas workers due to Covid and Brexit.
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ECONOMY
July 7, 2021 House prices dip for first time in five months as stamp duty holiday winds down
House prices have fallen for the first time in five months as the winding down of the stamp duty holiday eases a property-buying frenzy.
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ECONOMY
July 3, 2021 Morrison’s accepts £6.3billion takeover bid from US investment firm
Morrisons has agreed a takeover offer from a new US investment groups which values the British supermarket group at £6.3billion.
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ECONOMY
June 30, 2021 UK economy took worse hit than expected in January after shrinking 1.6%
Britain’s economy suffered a bigger hit than first thought between January and March as the coronavirus lockdown took its toll and households saved at record levels.
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ECONOMY
June 27, 2021 Conservative think tank warns looming economic crisis will scupper Tory poll success
Chair of the Conservative think tank, the Bow Group, Ben Harris-Quinney explained to Express.co.uk the now popular local investments made by the Conservative government will only get them so far as coronavirus is set to cause economic turmoil for the country. Ben Harris-Quinney added the conservative ideology promotes “fiscal responsibility” and while the Tories enjoy […]
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ECONOMY
June 26, 2021 The desperate shortage of domestic staff is causing bidding wars among super rich households
It was not unusual – before the pandemic – for the wealthy to move between multiple homes on the basis of a weather report. As all their homes were staffed, stocked and on standby; it was only a matter of their pilot confirming a departure time.
