Posted 2/29/2024, 7:24:00 AM
Hundreds of Job Cuts at The Body Shop, Mortgage Approvals Up, Inflation Eases Slightly, India's Economy Grows Over 8%, UK Property Sales Forecast to Rise
- 489 jobs to be cut at The Body Shop as administrators close 75 more stores over next 4-6 weeks; 116 stores to remain open
- UK mortgage approvals highest since October 2022 chaos, indicating housing market is recovering
- US inflation slows slightly - PCE price index rose 2.4% annually in January, down from 2.6% in December
- India's economy grew faster than expected in Oct-Dec, expanding 8.4% annually
- Zoopla forecasts UK property sales to rise 10% this year as market activity picks up, though regional variation remains