Economic news and events


LONDON BRIEFING: Novartis to spin off generic drugs arm Sandoz

Novartis on Thursday announced plans to separate its generic and biosimilar division, Sandoz, into a standalone entity by a 100% spin-off, to be listed in...

Thu, 25/08/2022 - 08:17


UK car production rises for third consecutive month

UK car production has risen for three consecutive months year-on-year, leading to hopes that component shortages are easing.

A total of 58,043 cars were built...

Thu, 25/08/2022 - 06:10


Nothing is off table amid rising energy bills - UK Chancellor Zahawi

UK Chancellor Nadhim Zahawi has insisted ‘nothing is off the table’ when it comes to action on soaring energy bills – although he also insisted...

Wed, 24/08/2022 - 19:13


Strike at UK's largest port to escalate without improved pay offer

A strike at Britain's largest container port will escalate unless workers are given an improved pay offer, a trade union boss said as she signalled...

Wed, 24/08/2022 - 11:36


TOP NEWS SUMMARY: Brent oil tops $100 as heating cost worries grow

The following is a summary of top news stories Wednesday.

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COMPANIES

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China has announced it is investigating several executives at state-owned property companies...

Wed, 24/08/2022 - 10:35


LONDON BRIEFING: Survey shows plunge in UK consumer confidence

Satisfaction with UK living standards and income has plunged amid devastating predictions for Friday's new energy price cap, a survey suggested on Wednesday.

The Which?...

Wed, 24/08/2022 - 08:13


Living standards satisfaction in UK plunges ahead of energy bills hike

Satisfaction with UK living standards and income has plunged amid devastating predictions for Friday's new energy price cap, a survey suggests.

The Which? consumer insight...

Wed, 24/08/2022 - 06:09


'No time to lose' to help businesses through gas crisis, says CBI

There is no time to lose before taking decisive action to help companies with the energy crisis, the Confederation of British Industry has said.

Nearly...

Wed, 24/08/2022 - 05:53


TUC calls on UK government to move towards £15 an hour minimum wage

The Trades Union Congress has called for action from the government to set about increasing the minimum wage to £15 an hour ‘as soon as...

Wed, 24/08/2022 - 05:50


UPDATE: UK PM hopeful Truss backs policies, promotes tax-cutting pitch

UK Conservative leadership candidate Liz Truss has railed against ‘Treasury orthodoxy’ as she defended herself against accusations her economic proposals were dangerous.

Her opponent Rishi...

Tue, 23/08/2022 - 21:53


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