Foxtons reports 25% rise in revenues but tougher 2023 lies ahead
Estate agent’s results come as report predicts UK mortgage lending is heading for big slump The London estate agent Foxtons has flagged a “less certain” sales market, as it reported…
Retail sales fall in Great Britain as shoppers rein in food spending
Decline of 1.4% in September is first month that volumes have dropped below pre-pandemic levels Retail sales in Great Britain fell more steeply than expected in September as soaring prices…
UK pubs may face beer shortage before World Cup amid drivers’ strike
Drivers with GXO Logistics, which makes 40% of beer deliveries, to strike over pay and job cuts. The prospect of a UK beer shortage is looming as drivers and workers…
‘Significant’ rate rise needed in November, warns Bank of England chief economist – as it happened
UK government bond selloff continues, pushing 20-year gilt yield to 20-year high, as BOE reiterates bond-buying programme will end on Friday; UK economy on brink of recession Closing summary The…