Tag Archives: UK
Bleak Retail Sales Figures Drive Sharpest FTSE Decline in Three Months
In December 2023, retail sales in the United Kingdom took a concerning turn, experiencing a sizable drop of 3.2% compared to the previous month. This decrease far surpassed analyst predictions of a 0.5% decline and marked the steepest monthly downturn since the onset of the pandemic in January 2021. The abrupt reversal came on the […]
UK Inflation Plunges in November: Surprising Dip
UK Inflation Takes a Dive in November In a noteworthy turn of events, the UK’s inflation rate took a dip to 3.9% in November, as reported by the Office for National Statistics. This marks a substantial decrease from the 4.6% recorded in the previous month. The slowdown is attributed to decelerating price hikes in various […]
