Business news this week uk

Here are some of the top business news stories from the UK this week:

  1. UK economy grows at slowest pace in 3 years: The UK economy grew by 0.1% in the three months to January, the slowest pace in three years, according to the Office for National Statistics (ONS). (Source: BBC News)
  2. HSBC profits fall 33%: HSBC, one of the UK's largest banks, reported a 33% fall in profits to $3.3bn (£2.6bn) in the first quarter, due to a decline in investment banking revenues. (Source: The Guardian)
  3. Amazon to create 2,000 new UK jobs: Amazon has announced plans to create 2,000 new jobs in the UK, including 500 in its new fulfillment center in Doncaster. (Source: The Telegraph)
  4. Boohoo Group profits surge 44%: Online fashion retailer Boohoo Group reported a 44% surge in profits to £144.4m in the year to February, driven by strong sales growth. (Source: The Times)
  5. EasyJet to cut 4,000 jobs: EasyJet has announced plans to cut 4,000 jobs, or 30% of its workforce, due to the impact of the pandemic on the airline industry. (Source: Sky News)
  6. UK inflation rate falls to 0.4%: The UK's inflation rate fell to 0.4% in February, down from 0.7% in January, according to the ONS. (Source: The Financial Times)
  7. Debenhams to close 124 stores: Debenhams, the struggling department store chain, has announced plans to close 124 stores, putting around 12,000 jobs at risk. (Source: The Independent)
  8. UK manufacturing output falls 1.4%: UK manufacturing output fell 1.4% in January, according to the ONS, as the sector continues to feel the impact of the pandemic. (Source: The BBC)
  9. Royal Mail profits fall 25%: Royal Mail, the UK's postal service, reported a 25% fall in profits to £134m in the year to March, due to a decline in parcel volumes. (Source: The Daily Mail)
  10. UK construction output falls 2.7%: UK construction output fell 2.7% in January, according to the ONS, as the sector continues to feel the impact of the pandemic. (Source: The Construction News)

These are just a few of the top business news stories from the UK this week. If you'd like more information or specific news on a particular topic, feel free to ask!