Economic News
London dominates foreign inward investment - ONS
Almost half of foreign direct investment into Britain went to London in 2019 before the Covid pandemic struck, according to official data.
Shopper numbers set to surge as Covid restrictions ease
Footfall across all retail destinations is expected to spike by nearly 20% following Monday’s lifting of Covid restrictions, according to research published by Springboard.
BoE's Haskel warns against preemptive tightening of monetary policy
One of the Bank of England's top officials argued against reducing monetary stimulus for the economy.
Crude oil futures under pressure after OPEC+ deal at the weekend
Crude oil futures slid at the start of the week after the Organisation of Petroleum Exporting Countries ad its main allies clinched a deal at the weekend to increase their combined output.
Buyer 'frenzy' pushes UK house prices to fresh high
House prices have hit another fresh high, industry data showed on Monday, despite the stamp duty holiday coming to an end, as surging demand outstripped supply.