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Brent oil price rallies as tensions in the Red Sea deepen
(Alliance News) - The price of oil rallied on Monday, after tensions in the Red Sea deepened, underscoring the geopolitical risks to crude supplies....
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Time for Fed to talk about rate cuts as US inflation cools
(Alliance News) - Analysts went back and forth on Friday about whether or not the US Federal Reserve should cut interest rates at its March meeting....
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Improving UK consumer confidence shows easing inflation being noticed
(Alliance News) - Consumer confidence in the UK has reached its highest level in two years, according to a GfK survey, with analysts saying prospects for interest rate cuts and...
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Tesla's warning on lower growth in 2024 "acutely disappointing"
(Alliance News) - Tesla Inc on Wednesday disappointed the market with its fourth-quarter earnings, with AJ Bell noting it could face a double hit from eroding market share amid Chinese...
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Markets overprice scope for rate cuts amid UK private sector recovery
(Alliance News) - The UK's private sector expansion was stronger than anticipated at the start of 2024, preliminary data suggested on Wednesday, although the Red Sea crisis is showing early...
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Fall in UK government borrowing clears way for election year giveaway
(Alliance News) - UK government borrowing shrank to a four-year low in December, figures from Office for National Statistics showed on Tuesday, with analysts saying the data clears the...
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Oil prices push higher amid escalating Middle East conflict
(Alliance News) - Oil rises rose on Friday in response to developments in the Middle East, as continuing anxiety pushes the price higher....
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Decline in UK retail sales reflects tough Christmas trading period
(Alliance News) - UK retail sales figures for the final month of 2023 came in much weaker than expected, official data on Friday showed, which analysts said confirmed recent evidence...
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Uptick in UK inflation creates fresh challenges for Bank of England
(Alliance News) - UK consumer prices unexpectedly heated up in December, according to data on Wednesday, suggesting that hopes for a spring interest rate cut from the Bank of England...
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UK interest rates called into question as pay growth cools
(Alliance News) - Figures from the Office for National Statistics showed on Tuesday that UK pay growth has cooled, calling into question the trajectory of interest rates....
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