Tag: falls

UK inflation rate falls to fresh four-year low

Image copyright Dan Mullan A record fall in fuel prices, including petrol, pushed the UK’s inflation rate down to 0.5% in May, the second full month of the coronavirus lockdown. Fuel prices declined by 16.7% during the month, the Office for National Statistics (ONS) said, dragging the Consumer Prices Index (CPI) to the lowest level since June 2016. Clothing and… Read more →

UK inflation falls sharply in April to 0.8%

Image copyright Getty Images The UK’s inflation rate fell in April to its lowest since August 2016 as the economic fallout of the first month of the lockdown hit prices. The Consumer Prices Index (CPI) fell to 0.8% from 1.5% in March, the Office for National Statistics (ONS) said. Falling petrol and diesel prices, plus lower energy bills, were the… Read more →

Manchester United’s revenue falls by nearly 12%

Image copyright Getty Images Manchester United’s revenue fell by nearly 12% in the six months to December, largely because of the club’s absence from the Champions League. Broadcasting revenue fell by 33.4% over the period, although commercial revenue rose by 6.5% and matchday revenue remained largely the same. For 2020, the club expects its total revenue to be between £560m… Read more →