The group said while it has seen a World Cup boost for televisions and sound systems, overall consumer confidence was ‘weak’.
Business
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Business
Ministers must clear Horizon shortfall claims by end of the year, says committee
by News Roomby News RoomThe business and trade select committee has also urged Fujitsu to make an interim payment ‘immediately’ to support affected sub-postmasters.
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GfK’s long-running Consumer Confidence Index remained unchanged at an overall score of minus 23 in June.
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Business
Base rate hold ‘will pave way for mortgage lenders to cut rates in weeks ahead’
by News Roomby News RoomSimon Gammon, managing partner at Knight Frank Finance, said: “The Bank of England’s decision to hold rates, combined with weak pay growth and lower-than-expected inflation, will pave the way for…
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The FTSE 100 closed down 108.91 points, or 1.0%, at 10,399.70.
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Business
City watchdog closes Drax biomass probe after sustainability concerns
by News Roomby News RoomThe Financial Conduct Authority said it had not found evidence that justified any further action.
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The Office for National Statistics said vacancies tumbled by 19,000 to 707,000 in the three months to May.
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Business
Bank set to hold interest rates after steady inflation and Iran peace deal
by News Roomby News Room“Despite falling oil prices and a peace deal between the US and Iran, UK inflation is expected to increase over the summer after the next Ofgem price cap in July,…
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Business
Gap between flat and house prices is widest for at least 30 years, say experts
by News Roomby News RoomThe growing cash gap could make life tougher for aspiring ‘second steppers’ trying to move from a flat to a house.
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The Tory leader will call for the Financial Service Ombudsman to be replaced in a speech on Thursday.