Economic news and events

Labour demands recall of parliament as UK cost-of-living crisis bites

Labour has written to UK Prime Minister Boris Johnson, as well as the two Tory leadership contenders, demanding that parliament returns early in order to...

Fri, 19/08/2022 - 09:38

UK public sector borrowing declines in July but still above pre-Covid

UK public sector borrowing declined year-on-year in July but remained firmly above pre-virus levels, figures on Friday showed.

According to the Office for National...

Fri, 19/08/2022 - 08:23

LONDON BRIEFING: UK retail sector data resilient but Joules struggles

UK retail sales improved in July, data showed on Friday, managing to defy expectations for a decline.

However, the outlook for AIM-listed retailer Joules is...

Fri, 19/08/2022 - 08:15

TOP NEWS: UK retail sales rise 0.3% monthly in July, beating consensus

UK retail sales defied expectations and grew on a monthly basis in July, figures on Friday showed, though they slightly missed a year-on-year forecast....

Fri, 19/08/2022 - 07:13

UK energy bills will hit nearly £3,600 from October, say experts

Families face a grim winter as experts predict the cap on energy bills will hit close to £3,600 per year from October – before rising...

Fri, 19/08/2022 - 06:42

Truss called for patients to be charged for GP visits in 2009

Tory leadership frontrunner Liz Truss called for patients to be charged to see their GP and for doctors' pay to be slashed by 10% in...

Thu, 18/08/2022 - 21:49

UK blocks Chinese takeover of UK electronics group

The UK government has blocked Hong Kong-based firm Super Orange from purchasing British electronic-design company Pulsic, citing security risks posed by China.

A statement Wednesday...

Thu, 18/08/2022 - 13:38

UK rail workers strike again as sky-high inflation intensifies crisis

Railway staff in Britain on Thursday staged the latest in a series of strikes, once again disrupting commuters and leisure travellers, as decades-high inflation hits...

Thu, 18/08/2022 - 13:26

TOP NEWS SUMMARY: Eurozone inflation confirmed at record 8.9% in July

The following is a summary of top news stories Thursday.

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COMPANIES

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SMC said it has ceased all imports and exports within Russia and...

Thu, 18/08/2022 - 11:09

LONDON BRIEFING: AO World swings to annual loss ahead of ‘realignment’

Online electricals retailer AO World on Thursday revealed a swing to annual loss as it now looks to a year of ‘realignment for the business’....

Thu, 18/08/2022 - 08:11

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