Thousands of people have been charged more than double the correct amount on their gas bills because of basic errors in meter readings by energy companies, industry executives have declared. Firms failed to apply the conversion rate between cubic feet and cubic metres...
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UK Construction Industry Dips Into Recession
The UK construction sector has tumbled into recession for the first time in four years, official figures confirmed. This adds to fears of a wider economic downturn. Britain's builders saw output fall by...
UK retail sales suffer biggest fall in six months, no EU effect reported
British retail sales endured their sharpest monthly fall in six months in June, but stores suggested bad weather rather than Brexit was to blame, leaving open the question of how big a hit the vote to leave the European Union will deal to the economy. Retail sales...
ONS gives assurance that CPIH will be more accurate in the future.
The ONS (Office for National Statistics) stated that it will be well positioned to amend its monthly statement regarding price increases by the end of 2016. It would give prominence to a measure called CPIH, which has tended to show the cost of living rising faster....
Good start to the New Year on UK High Streets.
Figures just released suggest consumers still want to use the high street despite the surge in online retail. Figures from the British Retail Consortium (BRC) and Springboard showed footfall rose by 1.2{06aeb1921e0b802d2bd9c766bc98fb11cc6a46c2b0593ed9c88a0e29cf417a34}...
Newsletter issue 12
Retail Sales Rise – 3.7{06aeb1921e0b802d2bd9c766bc98fb11cc6a46c2b0593ed9c88a0e29cf417a34} Up
Latest Office for National Statistics (ONS) report shows retail sales growing by 3.7{06aeb1921e0b802d2bd9c766bc98fb11cc6a46c2b0593ed9c88a0e29cf417a34} in the twelve months to August 2014. The figures were boosted by the sale of school uniforms for the new year. In...