Economic news and events

UK Tory leader hopefuls send final message to voters as polls close

Liz Truss and Rishi Sunak both sent final messages to Tory members, with polling set to close in the race to become the next prime...

Fri, 02/09/2022 - 17:24

Irish economy grows 1.8% in second quarter, as domestic activity rises

Ireland's economy grew 1.8% in the second quarter from the first quarter of 2022, figures from the Central Statistics Office showed on Friday.

Gross...

Fri, 02/09/2022 - 11:28

TOP NEWS SUMMARY: Repatriating Reckitt boss turns up at Starbucks

The following is a summary of top news stories Friday.

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COMPANIES

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Starbucks named outgoing Reckitt Benckiser Chief Executive Officer Laxman Narasimhan as the...

Fri, 02/09/2022 - 10:59

LONDON BRIEFING: UK regulator clears NortonLifeLock purchase of Avast

The UK Competition & Markets Authority on Friday confirmed it has cleared NortonLifeLock's acquisition of its London-listed cybersecurity peer, following an in-depth merger investigation.

Tempe,...

Fri, 02/09/2022 - 08:10

UK to enter recession before the end of 2022, says BCC

The UK is expected to ‘plunge’ into recession before the year is up, according to the British Chambers of Commerce on Thursday, as it downgraded...

Fri, 02/09/2022 - 07:04

UK shopper footfall recovery slows as cost of living concerns mount

The post-Covid recovery in shopper footfall slowed in August as cost of living pressures discouraged consumers, figures show.

Total UK footfall was down 12% in...

Fri, 02/09/2022 - 06:06

UK house prices 'set to stall next year while rents continue rising'

UK house prices are likely to stall next year as inflation continues to bite and mortgage rates rise, but rental prices will continue to increase...

Fri, 02/09/2022 - 06:03

Boris Johnson commits £700 million to Sizewell C nuclear project

Boris Johnson promised £700 million of taxpayers' money to the Sizewell C nuclear power project as he sought to make energy security part of his...

Fri, 02/09/2022 - 06:01

TOP NEWS SUMMARY: Rio Tinto strikes deal to raise Mongolia mine stake

The following is a summary of top news stories Thursday.

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COMPANIES

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Rio Tinto said it has reached an agreement to take full ownership...

Thu, 01/09/2022 - 10:57

TOP NEWS: UK manufacturing PMI beats flash figure, but fall still dire

The UK manufacturing sector performed better than first feared in August, but still saw conditions deteriorate sharply, according to survey data from S&P Global on...

Thu, 01/09/2022 - 09:42

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