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Business

Markets, industry and the economy. Edited by Tomás Feld.

Rail freight

Aggregate Volumes Drive A Fourth Consecutive Quarterly Fall

Down 6.1 per cent on the year. Operators blame the pause in three large road schemes rather than any structural shift away from rail.

By Anwen Prys · 9 min

Energy

Grid Operator Raises Its Constraint Payment Forecast Again

The revised figure is the third increase in eighteen months and is now roughly double the 2024 projection.

By Ines Marchetti · 6 min

Retail

Two Chains Confirm They Will Not Renew On The High Street

Between them the leases cover 61 units, of which 40 are in towns with no comparable alternative tenant.

By Femi Adeyemi · 7 min

Markets

Sterling Steadies After Two Volatile Sessions

Traders point to the revised borrowing figures rather than any policy signal.

Manufacturing

Output Index Falls Below Fifty For The First Time Since March

New orders were the weakest component, down for a third month.

Housing

Completions Reach A Nine-Year High In The North West

Almost all of the increase is in flats rather than houses.

Labour

Vacancies Fall Again But Remain Above Pre-Pandemic Levels

Hospitality and logistics account for most of the decline.

Shipping

Container Rates Ease As Capacity Returns To The Route

Spot rates are back to roughly where they stood in January.