Economic news and events


Truss and Kwarteng to meet with OBR amid market turmoil

Liz Truss and Kwasi Kwarteng will meet with head of the Office of Budget Responsibility on Friday, in the latest effort by the pair to...

Thu, 29/09/2022 - 22:18


UPDATE: German inflation expected to accelerate to 10% in September

German inflation is expected to reach 10% in September, the latest flash estimate from the German Federal Statistical Office, Destatis, said on Thursday.

In August,...

Thu, 29/09/2022 - 14:34


TOP NEWS: German inflation expected to accelerate to 10% in September

German inflation is expected to reach 10% in September, the latest flash estimate from the German Federal Statistical Office, Destatis, said on Thursday.

In August,...

Thu, 29/09/2022 - 13:23


TOP NEWS SUMMARY: Sports car maker Porsche rises on debut in Frankfurt

The following is a summary of top news stories Thursday.

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COMPANIES

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Luxury sports carmaker Porsche raced onto the Frankfurt stock exchange on Thursday...

Thu, 29/09/2022 - 11:03


TOP NEWS: UK PM Truss insists mini-budget is ‘right plan’ amid turmoil

UK Prime Minister Liz Truss has insisted the government's tax-cutting measures are the ‘right plan’ in the face of rising energy bills and to get...

Thu, 29/09/2022 - 10:52


UK ministers mull pulling inflation-linked benefits rise plans

Benefits may not be hiked in line with spiralling inflation, a minister has suggested, while insisting UK government plans to cut taxes to the benefit...

Thu, 29/09/2022 - 06:16


Number of cars built in UK increases for fourth month in succession

The number of cars built in the UK has increased for the fourth month in a row, new figures show.

A total of 49,901 cars...

Thu, 29/09/2022 - 05:47


UK trade chief tells US Britain is ‘going for growth’ with tax cuts

Kemi Badenoch has used her first overseas visit as UK trade secretary to spruik the government's economic strategies as ‘going for growth in a big...

Thu, 29/09/2022 - 05:47


TOP NEWS: Bank of England steps into market to buy long-dated gilts

The Bank of England on Wednesday announced that it will carry out temporary purchases of long-dated gilts, after recent instability in the UK government bond...

Wed, 28/09/2022 - 11:58


TOP NEWS SUMMARY: Europe accuses Russia of gas pipeline sabotage

The following is a summary of top news stories Wednesday.

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COMPANIES

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US regulators fined Wall Street firms a total of $1.8 billion over...

Wed, 28/09/2022 - 10:52


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