UK firms report fastest spread of cost pressures on record as inflation fears build again
British companies are seeing cost pressures spread at the fastest pace on record, according to fresh business survey data that has added to concerns over inflation in the UK economy. Reuters reported on 23 April that the latest purchasing managers’ index data showed input-cost growth accelerating
UK retail sales rise in March as shoppers spend more on fuel and clothing
UK retail sales unexpectedly climbed in March, giving the high street a modest boost at the end of the quarter. The Office for National Statistics said sales volumes rose by 0.4% month on month, beating expectations in a Reuters poll that had pointed to a small decline. The ONS also said sales