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Australia’s economy recovers in quarter two
Official figures have today revealed the Australian economy bounced back in the April to June period after flood and cyclone disasters earlier in the year resulted in a contraction in the first...
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US new home sales fall in August
The Commerce Department has revealed sales of new homes in the US fell to a six-month low in August, suggesting the housing market remains depressed. According to the Commerce Department, new...
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ONS: UK retail sales up 0.6% in September
The Office for National Statistics (ONS) has today revealed UK retail sales beat forecasts in September, led by spending on electrical goods such as laptop computers. According to the Statistics...
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Nationwide: UK consumer confidence slips further in September
The latest survey from the Nationwide Building Society has revealed a fall in UK consumer confidence for the month of September. The building society’s consumer confidence index fell for the fourth...
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US consumer confidence slumps in October
US consumer confidence slumped in October, the Conference Board has reported. The closely-monitored Consumer Confidence Index from the Conference Board dived to 39.8 this month from September’s...
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Personal debt falls by £377 million
Economic uncertainty and the threat of another recession is causing consumers to take charge of their finances and cut back on debt according to the latest figures from the Bank of England. Personal...
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Average house price dipped in March
The average price of a house in England and Wales fell by 0.6 per cent to £160,372 in March according to new Land Registry figures. However, there were wide regional variations with prices falling by...
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UK consumer spending higher in September
Consumer spending increased by 3 per cent in September compared with August, as people spent more on clothes and in hotels and restaurants. The figures, from Visa Europe’s UK expenditure index which...
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Consumer confidence hits six-month low
Although the UK has officially emerged from recession, consumer confidence fell to -30 in October from -28 in September, according to market researcher company GfK NOP. This is the lowest level of...
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Consumers reduced debts in October
Consumers focused on repaying personal loans and overdrafts in October according to the British Bankers Association. Continuing concern about economic conditions prompted consumers to make a net...
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