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The one measure that can tell us a lot about the state of the UK economy
Posted onFaisal IslamEconomics editor Reuters Shoppers on Oxford Street during the Boxing Day sales A new year, a new beginning. The latest monthly figures on the economy hardly confirm a change of gear, but nor do they back up the worst doom-mongers claiming decline and recession. It is neither doom nor boom, but a new year…
US inflation rate eases to 3.5% as gasoline prices fall
Posted onInflation in the US eased last month as the cost of energy and filling up at the pumps fell, official figures show. Prices rose 3.5% in the year to June, according to the Bureau of Labor Statistics (BLS), down from 4.2% recorded in May. Gasoline prices decreased 9.7% last month, but are still much more…
Many new UK drone users must take theory test for outdoor use
Posted onMany in the UK who unwrapped a new drone this Christmas may face a rude awakening next week, when they will have to take a theory test before being allowed to fly outdoors. From 1 January, those intending to fly drones or model aircraft weighing 100g or more outside must complete a Civil Aviation Authority…
Labubu dolls made up 90% of fake toys seized at UK border
Posted onLabubu dolls made up 90% of the £3.5m worth of fake toys seized at the UK border so far this year, according to Home Office data. Labubu is a quirky monster character created by Hong Kong-born artist Kasing Lung, and popularised through a collaboration with toy store Pop Mart. Although they are mainly marketed as…
