Music tourism provides a £3bn boost to the UK economy
According to a recent report issued by industry body UK Music, overseas visitors to British gigs and music festivals spend approximately £751 each.
According to a recent report issued by industry body UK Music, overseas visitors to British gigs and music festivals spend approximately £751 each.
Recent industry reports have predicted that there will be a sharp rise in the number of escalating penalty notices being served by the Pensions Regulator over the next few months.
Shares in the Royal Bank of Scotland (RBS) have started to rise after Chancellor George Osborne said the government would begin selling its £32 billion stake in the bank.
Renault, the French car manufacturer, has launched a new easy-access Freedom savings account that comes with a market-leading 1.5 per cent interest rate.
The UK trade deficit narrowed to £1.2bn in April from £3.1bn in March, the Office for National Statistics said.
Over the past five years, £80 billion has been wiped off the value of the average saver’s funds, according to a new report.
According to the latest industry figures, while an increase in new car sales was still evident in May, the growth rate slowed to 2.4 per cent.
The British Chambers of Commerce has cut its forecast for the UK’s economic growth in 2015 after citing a weak start to the year.
According to the latest statistics, growth in the UK’s services sector slowed during May to 56.5 on the Purchasing Managers Index (PMI), falling three points from April’s figure of 59.5.
The UK will exceed a government target of getting 15 new banks into the market over the next five years to help to boost competition, the country’s top financial markets regulator has said.
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