Bank of England
Retail
Retail sales fall at fastest pace for a year
Retailers were hit by a bigger-than-expected drop in sales this month, according to a CBI survey of high street spending that is likely to spark further calls for ministers to reverse tough economic policies.Retail sales fell at their fastest...
Retail
Interest rate held at five per cent
The Bank of England has held the interest rate at five per cent for the fifth month running despite increasing fears of an imminent recession.The British Retail Consortium said that although it agrees with today's decision, the bank should...
Retail
British retail sales fall unexpectedly
For the first time in nine months retail sales in U.K. fell unexpectedly in October as shoppers bought less food and clothing, a sign higher borrowing costs are squeezing consumer spending.Retail sales declined 0.1 percent, compared with an increase...
Retail
Retail prices in Britain climbed by 0.4 per cent in September
The retail prices in Britain climbed by 0.4 per cent in September which was same as the year-on-year rise recorded for shop prices in August, the British Retail Consortium (BRC) said.The trade association said food continues to be the...
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Zomato introduces ‘large order fleet’ for serving groups of up to 50 people
Zomato CEO Deepinder Goyal shared on X, that an "all-electric fleet" will be used to deliver the large orders,...
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