About 680 articles related to "household spending"

UK economy wins World Cup boost but recession looms

Britain's economy unexpectedly grew in November as consumers splurged during the World Cup, official data showed Friday, but analysts warned that it remains on course for recession due to the cost-of-living crisis.

After Christmas relief, UK retailers face 2023 reality check

Updates next week from Britain's biggest retailers including Tesco, Sainsbury's and Marks & Spencer are expected to confirm that while Christmas was not the disaster that some had feared, consumer demand is set to weaken in 2023, denting profit.

Big fall in euro zone inflation offers little help for ECB

Euro zone inflation tumbled last month but underlying price pressures are still rising and economic growth indicators are surprisingly benign, suggesting that the European Central Bank will keep raising interest rates for months to come.

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