Economic news and events


Chinese state trying to manipulate tech for influence - UK spy boss

China is looking to use new and important technologies such as digital currencies and satellite systems to control its own population and increase influence globally,...

Tue, 11/10/2022 - 05:55


UK faces finding £60 billion of public spending cuts - IFS

UK Chancellor Kwasi Kwarteng will have to find spending cuts of more than £60 billion if he is to meet his target to get the...

Tue, 11/10/2022 - 05:54


UK price inflation buoys shop sales as cost-of-living hits shoppers

UK retail sales grew last month on the back of price rises while sales volumes continued to shrink, according to new figures.

The latest BRC-KPMG...

Tue, 11/10/2022 - 05:50


TOP NEWS SUMMARY: China's private sector hurt as Covid lockdowns back

The following is a summary of top news stories Monday.

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COMPANIES

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Air France and Airbus will go on trial on Monday on charges...

Mon, 10/10/2022 - 11:08


UK chancellor U-turns to agree to Halloween release of OBR forecasts

UK Chancellor Kwasi Kwarteng has bowed to pressure to bring forward the publication of his financial strategy and independent economic forecasts - to Halloween.

Completing...

Mon, 10/10/2022 - 10:56


TOP NEWS: Bank of England doubles size of gilt purchase scheme

The Bank of England on Monday said it has doubled the size of a temporary bond-buying programme, which it kicked off following market turmoil after...

Mon, 10/10/2022 - 08:58


Independent Scotland would create partners of equals in UK - Sturgeon

Scottish independence will create a partnership of equals in the UK, Nicola Sturgeon is expected to tell delegates at the SNP conference in Aberdeen.

Scottish...

Mon, 10/10/2022 - 08:02


UK PM Truss appoints Sunak ally to cabinet in bid to restore unity

UK Prime Minister Liz Truss has sent a signal of her intent to bridge the divides blighting the Tory party as she prepares to make...

Mon, 10/10/2022 - 05:53


UK needs rate hikes, whatever the cost, says BoE policymaker

The Bank of England, faced with runaway inflation, must keep hiking interest rates regardless of the impact on the economy and the cost-of-living crisis, a...

Fri, 07/10/2022 - 20:02


FirstGroup's Avanti given short-term contract renewal by UK government

Avanti West Coast has been placed on a short-term contract renewal by the UK government after it provided an ‘unacceptable’ service to rail users.

London-listed...

Fri, 07/10/2022 - 12:01


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