Home Business BUSINESS LIVE: The UK economic system grew 0.9% in November

BUSINESS LIVE: The UK economic system grew 0.9% in November

BUSINESS LIVE: The UK economy grew 0.9% in November

CLOSING UP: UK economic system up 0.9% in November; Curries endure from provide chain disruption; James Bond and Spiderman crank up Cineworld

The FTSE 100 closed up 20.90 factors at 7542.95 and the pound was at $1.37 towards the greenback.

The UK economic system has lastly returned to pre-pandemic ranges after rising 0.9 % in November, a big jolt from the earlier month when it was barely increasing, in line with the newest knowledge from the Workplace for Nationwide Statistics.

Electronics retailer Currys has revealed gross sales fell throughout the primary vacation season, together with down 6 per cent within the UK and Eire, as boss Alex Baldock admitted the market was hit by “uneven buyer demand and provide disruptions”.

Ticket gross sales at Cineworld rebounded sharply within the second half of final yr because of the recognition of motion movies No Time to Die and Spider-Man: No Manner House, though commerce nonetheless remained properly beneath pre-pandemic ranges.

Official figures present that GDP grew by 0.9 % in November, that means the extent is now greater than February 2020

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