Economic news and events


UK PM hopeful Sunak steps up attacks on Truss policies amid inflation

Rishi Sunak hit out at Liz Truss on Tuesday as he warned his Conservative party leadership election rival's plans could pour ‘fuel on the fire’...

Tue, 23/08/2022 - 21:29


‘Catastrophic winter’ ahead for UK households as bills soar - EDF

UK households face a ‘dramatic and catastrophic winter’, a senior energy firm executive has warned ahead of the increase in the price cap on bills....

Tue, 23/08/2022 - 21:24


TOP NEWS SUMMARY: Eurozone economy continues to shrink in August

The following is a summary of top news stories Tuesday.

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COMPANIES

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BT Group said the UK government will take ‘no further action’ over...

Tue, 23/08/2022 - 10:49


Gloomy expert forecast sets UK energy bills at £6,500 from April

A spike in gas prices on Monday has added close to £500 to the forecasted energy price cap next year – heaping further woe on...

Tue, 23/08/2022 - 09:54


TOP NEWS: UK manufacturers reel in August, services sector resilient

Economic activity in the UK slowed slightly in August as manufacturers were pummelled by weaker demand, but the services sector held up better than expected,...

Tue, 23/08/2022 - 09:53


LONDON BRIEFING: New John Wood CEO to focus on cash as loss widens

John Wood Group on Tuesday reported a widened interim loss as revenue stalled, and said cash generation is its ‘top priority’ going forward.

Revenue for...

Tue, 23/08/2022 - 08:08


UK economy shrank by bigger-than-expected 11% in 2020 - revised data

The British economy shrank by 11% in 2020, its sharpest contraction in more than 300 years, as a result of the coronavirus pandemic, revised data...

Mon, 22/08/2022 - 19:05


UK government says no need to panic over energy supplies

Households and businesses will not face blackouts this winter, Downing Street insisted as gas shipped from Australia was set to dock in the UK.

The...

Mon, 22/08/2022 - 16:42


Hungary's government launches investigation against Wizz Air

Hungary's government has ordered an investigation of domestic low-cost carrier Wizz Air Holdings PLC over what it calls possible breaches of consumer protection laws.

It...

Mon, 22/08/2022 - 12:57


TOP NEWS SUMMARY: China cuts interest rates as peers hike aggressively

The following is a summary of top news stories Monday.

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COMPANIES

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Vodafone said it has entered into an agreement in principle with Hungarian...

Mon, 22/08/2022 - 10:38


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