(Office for National Statistics) Retail sales in the UK declined by 2.5% between June and July as soccer frenzy waned and Covid-19 pandemic cases bite. Despite the July fall, retail…
(Eurostat) Construction sector production fell by 1.7% in the euro area and by 1.2% in the EU in June from May. Construction production had shed 0.4% in the euro area…
(Office for National Statistics) The Consumer Price Index in the UK was 2.1% for the year ended July 2021, a decline from 2.4% recorded in the 12 months to June.…
(Office for National Statistics) The UK recorded a lower unemployment rate of 4.7% between April and June quarter, down 0.2% from the previous quarter, and better than expected 4.8%. The…
(Rightmove) The average price of property coming to the UK market plunged by 0.3% or 1,076 pounds in August, the first decline this year. The decline in property prices reflects…
(REC) About 1.65 million active job adverts were posted in the UK in the first week of August, with up to 204,000 new positions in the same week. At 204,000…
(Office for National Statistics) UK gross domestic product surged by 4.8% in the second quarter, following the easing of coronavirus restrictions. The UK GDP is now 4.4% below the pre-pandemic…
(Halifax) The UK registered an average housing price of 261,221 pounds in July, up 0.4% from the previous month. On a three-month basis, UK house prices were 2.4% higher in…
(IHS Markit) The UK seasonally adjusted construction PMI Total Activity index was 58.7 in July, a sharp decline from a 24-year record high of 66.3 in June. The highest performing…
(Decrypt) UK tax authority is stepping up the crypto crackdown by gathering customer data from home and overseas exchanges. The tax authority, Her Majesty’s Revenue, and Customs is already requesting…
(Office for National Statistics) The number of Brits in employment increased by 356,000 in June, signaling an improving economic outlook. The hospitality industry contributed 94,000 food and accommodation jobs with…
(Office for National Statistics) UK’s national output is estimated to have declined by 1.6% in the first quarter, a higher revision from the prior projection of 1.5% contraction. UK GDP…