LONDON, Dec 9 Reuters Britain39;s Office for National Statistics said on Friday that it was cancelling the release of producer price inflation PPI data due on Dec. 14, after the discovery of further potential problems with the calculation of the series. Last month the ONS had to correct the series due to an error in […]

Britain says high standards will be maintained UK flags reviews in financialcrisis era reforms London faces new competition from EU centres Consultation on digital pound planned LONDON, Dec 9 Reuters Britain set out 30 measures to overhaul the financial sector on Friday, including a repeal of 39;burdensome39; EU rules the government says will unlock investment […]

Firsthalf profit up 39 to 267.1 mln stg Expects profit of 450500 mln stg in full 202223 year To invest 600 mln stg in Coventry site over ten years LONDON, Dec 8 Reuters British sportswear and clothing retailer Frasers stuck to its financial guidance for 202223 after reporting a 39 rise in firsthalf profit that reflected […]

LONDON, Dec 8 Reuters Britain39;s labour market cooled noticeably last month, with demand for staff and pay growth easing, and staff shortages became less acute, a survey showed on Thursday. The monthly index of demand for staff from the Recruitment and Employment Confederation REC trade body and accountants KPMG fell in November to 54.1 from […]

LONDON, Dec 8 Reuters British consumer spending picked up in early December, in line with usual seasonal trends as people spent more in the runup to Christmas, despite a surging cost of living, the Office for National Statistics said on Thursday. Credit and debit card spending in the week to Dec. 1 which included 39;Black […]

MEXICO CITY, Dec 8 Reuters Mexican consumer prices rose 7.8 in the year through November, slowing down from the previous month to reach its lowest level since May even as the core index remains a concern, data from national statistics agency INEGI showed on Thursday. Annual inflation in Latin America39;s secondlargest economy came in below […]

BEIJINGSHANGHAI, Dec 8 Reuters Manufacturers and eateries keen to stay open in China are preferring to err on the side of caution, by retaining COVID19 curbs until they get a clearer picture of just how workplaces will be affected by the easing of stringent measures. The world39;s second largest economy is bracing for a wave […]

SHANGHAI, Dec 8 Reuters China39;s passenger vehicle sales fell for the first time in six months in November and are expected to stay flat next year, an industry body said on Thursday, as demand weakens faster than expected, even as stringent COVID rules are eased. Vehicle sales last month fell 9.5 from a year earlier […]

SYDNEY, Dec 7 Reuters Australia39;s economy slowed a little in the September quarter as skyhigh prices and rising interest rates sapped consumer spending power, a sign aggressive policy tightening is working to cool demand. Data from the Australian Bureau of Statistics on Wednesday showed real gross domestic product GDP rose 0.6 in the third quarter, […]

LONDON, Dec 7 Reuters British house prices slid last month by the most since the global financial crisis as the slowdown in the housing market intensified, mortgage lender Halifax said on Wednesday. House prices fell 2.3 monthonmonth in November, the biggest drop since October 2008 and following a 0.4 decline in October. Other gauges of house […]