Economic news and events


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


LONDON BRIEFING: Vodafone makes way for new Hungary national champion

Vodafone Group on Monday said it has entered into an agreement in principle with Hungarian technology firm 4iG Public and Hungarian state holding company Corvinus...

Mon, 22/08/2022 - 08:09


Liz Truss criticises 'too much talk of a recession', talks up ambition

UK Tory leadership frontrunner Liz Truss has said there is ‘too much talk that there's going to be a recession’ as she insisted an economic...

Mon, 22/08/2022 - 05:58


Eight days of strike action commences at UK's biggest port

The first of an eight-day workers strike at the UK's biggest container port begins on Sunday.

Around 1,900 members of Unite at Felixstowe will walk...

Sun, 21/08/2022 - 09:41


TOP NEWS SUMMARY: Just Eat sells iFood stake for €1.8 billion

The following is a summary of top news stories on Friday.

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COMPANIES

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Just Eat Takeaway.com said it is selling its remaining 33% stake...

Fri, 19/08/2022 - 10:57


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