News
UK mortgage approvals hit four-month high in March as consumer credit growth quickens, Bo E data show | Cyp. ..
8+ hour, 6+ min ago (387+ words) London, United Kingdom. British lenders approved the most mortgages in four months in March while consumer lending grew at the fastest annual rate in over two years, Bank of England data showed, indicating resilience in the economy at the start…...
UK retailers report steepest annual sales decline in over 40 years, CBI survey shows
3+ day, 7+ hour ago (453+ words) London, United Kingdom. British retailers reported the broadest year-on-year decline in sales in more than 40 years in April, as the Iran war raised households" inflation fears, according to a survey from the Confederation of British Industry (CBI). The CBI"s…...
UK businesses raise selling price expectations as Bank of England surveys signal persistent inflation pressure | Cyprus inform
6+ day, 8+ hour ago (65+ words) Bank of England surveys showed UK firms expect faster price rises over the next year, while sales growth expectations fell to their lowest level since mid-2020....
Bank of England expected to hold rates as investors watch for signs of hikes amid Iran war risks | Cyprus. ..
1+ week, 7+ hour ago (502+ words) London, United Kingdom. The Bank of England is expected to keep interest rates on hold this week while assessing potential damage to Britain's economy from the Iran war. Investors will watch for any signals that the central bank is moving…...
Cyprus consumer service says no unjustified supermarket price rises since Middle East conflict | Cyprus inform
1+ week, 22+ hour ago (25+ words) Cyprus' consumer protection service said it has found no unjustified supermarket price rises and sees no need for price controls on fuel or basic goods....
Supermarkets' association says Cyprus e-Kalathi app has had no noticeable impact | Cyprus inform
1+ week, 21+ hour ago (26+ words) The chairman of Cyprus' supermarkets' association said the government's e-Kalathi price-comparison platform has gone largely unnoticed and has not changed operations or consumer habits....
UK employers show caution in March as hiring measure falls, data shows
1+ week, 2+ day ago (353+ words) London, United Kingdom. British employers showed signs of caution in March, with a measure of hiring falling and job postings at their lowest level in almost five years, according to data published this week. Figures covering March suggested a shift…...
British consumer confidence falls to lowest since mid-2023 amid Middle East conflict concerns | Cyprus inform
1+ week, 3+ day ago (466+ words) London, United Kingdom. British consumer morale fell last month to its lowest level since mid-2023, according to two surveys released this week, amid concerns linked to conflict in the Middle East. The surveys pointed to weakening sentiment around household finances and…...
UK firms raise price growth expectations, Bank of England survey shows
1+ week, 3+ day ago (342+ words) People walk past retail stores in Oxford, Britain, August 28, 2024. REUTERS/Hollie Adams London, United Kingdom. British businesses increased their expectations for selling price growth over the next 12 months in April, according to a Bank of England survey published on Friday....