Current Affairs

Christmas shopping fails to boost retailers

UK retail sales were the weakest since May in November, despite Christmas fast approaching.

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Energy bills to be simplified

Energy bills look set to be simplified as the big energy suppliers recognise the confusion that their tariffs cause.

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Banks urged to bolster finances

UK banks have been urged to strengthen their capital balances as the European sovereign debt crisis continues to threaten the economy.

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Charging phones at work costs businesses £1.5 billion

Consumers are saving a collective £1.5 billion on energy bills by charging up their phones and gadgets at work.

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Surprise rise in retail sales

There was a surprise increase in retail sales in October, the latest figures from the Office for National Statistics (ONS) have shown.

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Broadband rush hour slows download speed by 35%

Peak internet surfing times are slowing downloads down by an average of 35 per cent, the latest research from uSwitch.com has revealed.

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Smartphone sales rise 42% dominated by Android OS

Smartphone sales have increased by 42 per cent year on year, the latest statistics have shown.

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Inflation falls back to 5%

CPI inflation has made a move in the right direction by falling back to 5 per cent from 5.2 per cent in October.

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Chancellor urged to scrap 50p tax rate

Business leaders have written to the Chancellor urging him to scrap the 50p higher tax rate to attract entrepreneurs to the UK and boost confidence.

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Business insolvencies reflect wider economic trends

Recent company insolvency figures are reflecting wider economic trends.

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