Economic news and events


TOP NEWS: UK retail sales crumble as cost-of-living crisis bites

UK retail sales slumped in August amid cost-of-living pressures on consumers, figures from the Office for National Statistics showed on Friday.

Retail sales fell 1.6%...

Fri, 16/09/2022 - 07:12


TOP NEWS SUMMARY: Shell taps renewables chief as van Beurden to depart

The following is a summary of top news stories Thursday.

----------

COMPANIES

----------

Shell announced that Chief Executive Officer Ben van Beurden will step down...

Thu, 15/09/2022 - 10:39


UK chancellor considering removing cap on City bankers' bonuses

UK Chancellor Kwasi Kwarteng is considering scrapping the cap on bankers' bonuses, under a post-Brexit overhaul of City rules.

The cap introduced by EU legislation...

Thu, 15/09/2022 - 09:38


Irish PM says ‘ongoing revenue stream’ needed if energy crisis lasts

Irish premier Micheal Martin has said that EU plans to target energy firms' profits will provide ‘an important stream of revenue’ ahead of a ‘difficult...

Thu, 15/09/2022 - 07:37


UK consumer confidence sees steepest decline since early pandemic

Confidence among UK consumers has fallen into negative territory for the first time since June 2020, according to a survey.

The Consumer Confidence Index from...

Thu, 15/09/2022 - 06:02


UK to respond to EU legal threat despite Queen mourning period

The UK government has vowed to respond to the EU's legal action over the Northern Ireland Protocol ahead of the deadline that falls during the...

Wed, 14/09/2022 - 13:21


UK house prices rise at fastest annual pace in 19 years in July - ONS

The average UK house price leapt by 16% annually in July, marking the biggest increase in 19 years, according to official figures.

The percentage increase...

Wed, 14/09/2022 - 12:11


TOP NEWS SUMMARY: EU court upholds €4 billion fine against Google

The following is a summary of top news stories Wednesday.

----------

COMPANIES

----------

The EU's second-highest court overwhelmingly upheld the EU's record fine against Google...

Wed, 14/09/2022 - 10:41


TOP NEWS: UK consumer price inflation rate unexpectedly slows to 9.9%

The annual UK inflation rate, in a surprise, eased back into single-digits in August, the Office for National Statistics said on Wednesday.

The consumer...

Wed, 14/09/2022 - 07:16


TOP NEWS SUMMARY: Price pressure remains in Europe ahead of US reading

The following is a summary of top news stories Tuesday.

----------

COMPANIES

----------

Oracle late Monday posted a drop in profit for the first quarter...

Tue, 13/09/2022 - 10:53


Pages