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...“The most important message is that core inflation is still coming down,” said Gregory Daco, chief economist at EY. “We knew there would be some upward pressure from energy prices . . ....
...Public sector spending in the full fiscal year rose by £58.4bn compared with the same period last year as increased spending on public services and benefits outstripped large reductions in interest payments...
...Gross domestic product rose 0.2 per cent between December last year and January, driven by a 0.2 per cent expansion in the services sector, the Office for National Statistics said on Wednesday....
...Consumer prices rose at an annual rate of 3.2 per cent in March, down from 3.4 per cent in February, the Office for National Statistics said on Wednesday....
...The consumer prices index rose 4 per cent in December, compared with more than 10 per cent a year earlier. “Debt is on track to fall as a share of the economy,” she said....
...Benchmark 10-year gilt yields rose 0.14 percentage points to 3.94 per cent, the highest level since December 13....
...The Shanghai Containerized Freight index last week rose to the highest level since September 2022, reflecting the increased costs of rerouting vessels around the Cape of Good Hope in Africa....
...Deputy chief UK economist at Capital Economics Ruth Gregory says: “The evidence in the UK isn’t there for rate cuts in the near term.”...
...Their friend went for grilled fish and a glass of rosé. They lapsed into gentle conversation, reminiscing and catching up....
...The figures suggest “the cost of living crisis is coming to an end”, said Ruth Gregory, an economist at the consultancy Capital Economics....
...The proportion rose to 70 per cent for medium-sized companies, those with an annual turnover between £10mn and £500mn....
...“Across the board, it’s a good report,” said Gregory Daco, chief economist at EY Parthenon....
...Even with the fall in borrowing, government expenditure rose by £5.2bn to £96.7bn in June compared with the same month last year....
...Ruth Gregory, economist at the consultancy Capital Economics, said the data did “not change the big picture that the economy has lagged behind all other G7 countries, aside from Germany and France, since...
...Sterling rose 0.16 per cent against the dollar on the back of the workforce data....
...Household spending, which flatlined in the first quarter, rose 0.7 per cent....
...Ruth Gregory, deputy chief UK economist at the consultancy Capital Economics, said: “With wage growth and services inflation both stronger than the bank had expected, it seems clear that the bank has more...
...Ruth Gregory, economist at Capital Economics, said there was “still no recession, but with the full drag from higher interest rates yet to be felt it is too soon to sound the all-clear”....
...This showed “some underlying weakness as a result of high inflation and high interest rates”, said Gregory....
...With borrowing likely to undershoot the full-year forecast, Ruth Gregory, economist at the consultancy Capital Economics, said the chancellor “might have a bit of money to play with in the fiscal event in...
...Meanwhile, UK food inflation rose to 16.9 per cent last month, the fastest pace since records began in 1977....
...We had help this week from Monique Mulima, David da Silva, Michael Lello, Gregory Meyer and Gavin Kallmann. Our executive producer is Topher Forhecz....
...Ruth Gregory, senior UK economist at Capital Economics, said December’s public finances figures “provided more evidence that the government’s fiscal position is deteriorating fast”....
...Operating earnings — Buffett’s preferred performance measure for Berkshire’s diverse group of businesses — rose 12.6 per cent from the year to $8.1bn....
...Set to a score by South African composer Phillip Miller — his reworking of a song played by enslaved African people on Jamaica’s plantations — Gregory’s two films show her austerely dressed as Rose, a real...
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