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UK Inflation Hits 5.1% In November, Highest Since Sept 2011

UK’s consumer prices are sustaining a rising trend, hitting their highest rate in over a decade as a result of soaring energy costs and blockages in the supply chain. Official figures on the country’s Consumer Price Index (CPI) released by the Office for National Statistics (ONS) Wednesday, a day before the Bank of England is […]

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UK Economy Records 0.1% Growth In October

The United Kingdom (UK) economy recorded a mere 0.1 percent growth in October, representing a sharp slowdown from September’s  0.6 percent growth and well below what analysts had forecast for the month. The Office for National Statistics (ONS), in its report, attributed the slowdown in growth to a big decline the construction sector, which also […]