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Business groups want growth measures in Spending Review

Measures to stimulate small business growth and investment should be a priority in next month's Government Spending Review, business groups have said.

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Cameron lays down G8 agenda

Tax, trade and transparency are some of the key issues Prime Minister David Cameron will raise with world leaders at this month's G8 summit.

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Retailers boosted by strong sales and price deflation

Retail sales values were up by 1.8 per cent in May, compared like-for-like with May 2012, according to figures from the British Retail Consortium. The BRC also found marginal deflation in overall shop prices.

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Cash remains king but use declines

Cash remains the most popular way to pay for goods in the UK retail industry, despite usage falling by 10 per cent in 2012, research by the British Retail Consortium (BRC) has found.

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Q1 economic growth confirmed at 0.3 per cent

The UK economy grew by 0.3 per cent in the first quarter of this year, official figures from the Office for National Statistics have confirmed.

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Inflation falls to 2.4 per cent

Inflation in the UK fell to 2.4 per cent in April after lower than expected fuel prices, figures from the Office for National Statistics have shown.

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Bank raises economic growth forecast

The Bank of England (BoE) has upgraded its UK economic outlook and said that inflation is now weaker than originally predicted three months ago.

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G8 expected to boost Northern Ireland economy

Businesses in Northern Ireland are expecting a £40 million boost from the G8 Summit being held in County Fermanagh next month, research carried out by the Northern Ireland Centre for Economic Policy (NICEP) has found.

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Unemployment increases slightly in first quarter

Official figures from the Office for National Statistics show that the employment rate for those aged 16-64 fell by 0.2 per cent in the first quarter of the year, when compared with the final three months of 2012.

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No change in interest rates or QE programme

The base rate of interest has been held at 0.5 per cent and there will be no immediate increase in the Bank of England's quantitative easing asset purchase programme, after the latest meeting of the Bank's Monetary Policy Committee.

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