Economic news and events


UK PM battles to maintain cabinet discipline amid U-turns, confusion

UK Prime Minister Liz Truss was struggling to maintain cabinet discipline as Conservative critics who forced her U-turn on slashing income tax for the highest...

Tue, 04/10/2022 - 16:15


UK PM apologises for not being ‘more specific’ on energy price measure

UK Prime Minister Liz Truss has apologised for not being ‘more specific’ following her statements that ‘nobody’ will pay more than £2,500 for their annual...

Tue, 04/10/2022 - 16:13


UPDATE: Truss says she absolutely trusts Kwarteng after unity display

Liz Truss insisted she trusts Chancellor Kwasi Kwarteng despite the U-turn over axing the top rate of tax.

The prime minister and Chancellor toured a...

Tue, 04/10/2022 - 14:47


UK PM resists speculation on pension age but does not rule rise out

UK Prime Minister Liz Truss did not rule out raising the state pension age as she sought to resist speculating on ‘all kinds of decisions...

Tue, 04/10/2022 - 12:33


TOP NEWS SUMMARY: L&G gets boost from BoE bond-buying intervention

The following is a summary of top news stories Tuesday.

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COMPANIES

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Legal & General has maintained positive momentum from the first half into...

Tue, 04/10/2022 - 11:29


Fresh rail strikes in UK to cause more travel chaos

Rail passengers in the UK will suffer fresh travel chaos on Wednesday because of another strike in the long-running dispute over pay, jobs and conditions....

Tue, 04/10/2022 - 10:24


UK PM Truss pledges ‘responsible’ approach to public finances

Liz Truss stressed she must take a ‘responsible’ approach to the public finances, as she faces a Cabinet split and a fresh battle with Tory...

Tue, 04/10/2022 - 08:25


'Massive spending cuts still needed' despite chancellor's tax U-turn

The UK chancellor's U-turn on his plans to axe the 45 pence tax rate will do little to ease the pressure on the UK's public...

Mon, 03/10/2022 - 14:10


EU,UK officials offer warm words ahead of N. Ireland Protocol talks

UK and EU officials have signalled they are willing to resolve the impasse over the Northern Ireland Protocol.

European Commission spokesman Daniel Ferrie confirmed the...

Mon, 03/10/2022 - 14:07


TOP NEWS SUMMARY: Concern for Credit Suisse; European factories slump

The following is a summary of top news stories Monday.

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COMPANIES

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Credit Suisse moved to reassure its staff in the face of market...

Mon, 03/10/2022 - 10:33


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