Economic news and events


TOP NEWS SUMMARY: UK set to end ban on fracking; ECB set to hike rates

The following is a summary of top news stories Thursday.

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COMPANIES

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Lloyd's of London reported a steep loss in the first half of...

Thu, 08/09/2022 - 11:22


UK PM Truss ‘to ditch fracking ban’ as she reveals cost-of-living help

Liz Truss is reportedly set to announce she is scrapping the ban on fracking as she unveils her long-awaited plan to guard Britons against crippling...

Thu, 08/09/2022 - 05:08


UK ministers to get powers to overrule financial regulators, MPs told

Ministers are to be given powers to overturn decisions by financial regulators, the government has said, in a move backed by former chancellor Rishi Sunak....

Wed, 07/09/2022 - 20:03


UK considering withdrawing rail operator Avanti's West Coast contract

The UK government is considering withdrawing Avanti's contract to run train services on the West Coast Mainline, as ministers insisted ‘all options’ remain on the...

Wed, 07/09/2022 - 19:27


EU to be ‘flexible’ over Northern Ireland Protocol - Irish PM Martin

Ireland's premier Micheal Martin has said he takes ‘heart’ from UK Prime Minister Liz Truss's remarks that she would like to see the issues around...

Wed, 07/09/2022 - 19:25


Fresh strikes in Royal Mail dispute over pay and conditions

More strikes by Royal Mail PLC workers have been announced in a worsening dispute over pay and conditions.

Members of the Communication Workers Union are...

Wed, 07/09/2022 - 18:06


Downing Street hints at fracking ban lift in UK energy bills package

Downing Street has hinted that the fracking ban could be lifted when UK Prime Minister Liz Truss sets out a new package to help deal...

Wed, 07/09/2022 - 15:27


Bank of England chief welcomes remit review before new chancellor meet

The governor of the Bank of England has welcomed a potential review of the bank's remit, as he blamed Vladimir Putin for the economic crisis...

Wed, 07/09/2022 - 13:49


TOP NEWS SUMMARY: China trade grow slows; Apple to unveil new iPhone

The following is a summary of top news stories Wednesday.

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COMPANIES

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Apple is expected to unveil the next generation of iPhone on Wednesday,...

Wed, 07/09/2022 - 10:52


UPDATE: Liz Truss set for first PM's questions after Cabinet reshuffle

New UK Prime Minister Liz Truss will work to finalise a multi-billion package to freeze energy bills after conducting a brutal Cabinet cull of Rishi...

Wed, 07/09/2022 - 08:26


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