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The number of mortgages approved for home buyers picked up last month after interest rates were held steady and mortgage increases eased. Bank of England figures showed that 47,400 mortgages were approved for house purchases in October. The Bank’s monthly Money And Credit report revealed the improvement from the eight-month low of 43,300 recorded in September. It also showed that 23,700 remortgaging approvals were recorded in October, recovering from 20,600

Greece’s foreign minister has pushed for Athens to take back the Elgin Marbles as he attended a summit with Foreign Secretary Lord Cameron. Giorgos Gerapetritis said Greece’s call for the Parthenon Sculptures to be returned from the British Museum was based on “history” and “justice”. A diplomatic row over the sculptures was triggered when Prime Minister Rishi Sunak cancelled Tuesday’s planned meeting with Greek counterpart Kyriakos Mitsotakis, with No 10

The UK economy is set for the second-slowest growth of the world’s G7 advanced economies, according to new forecasts. The Organisation for Economic Co-operation and Development (OECD) has reduced its forecast UK growth rate for 2024. Growth across the global economy has been stronger than expected but is beginning to slow as higher interest rates, weaker trade and lower business and consumer confidence take a toll, economists for the globally

Halfords has cautioned over a slowdown in sales growth as demand for big-ticket products weakened in recent months. It came as the motoring and cycling retailer revealed a rise in sales and profits for the past half year in an otherwise positive update to shareholders. However, the company said on Wednesday it has seen “volatile” trading patterns so far this financial year amid uncertainty in the wider economy. “In the