Economic news and events


TOP NEWS SUMMARY: UK inflation rate surges above 10% in July

The following is a summary of top news stories Wednesday.

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COMPANIES

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Hong Kong Exchanges & Clearing reported a drop in interim profit as...

Wed, 17/08/2022 - 10:59


Thames Water announces hosepipe ban for 15 million customers

Thames Water, which supplies 15 million people, will put a hosepipe ban in place next week.

Despite two days of rain and thunderstorms, the company...

Wed, 17/08/2022 - 09:50


TOP NEWS: Yearly UK house price growth slows markedly to 7.8% in June

UK house price growth slowed considerably in June, figures on Wednesday showed, lapping a tough comparative which was turbocharged by a rush to seal deals...

Wed, 17/08/2022 - 09:50


LONDON BRIEFING: UK inflation rate hits double-digits in July

The annual UK inflation rate accelerated more than expected in July, figures showed on Wednesday, with prices surging by double-digits.

The consumer price index surged...

Wed, 17/08/2022 - 08:14


TOP NEWS: UK yearly inflation rate surges past 10% in July

UK inflation accelerated at the fastest pace in 40 years in July, numbers on Wednesday showed, hitting double-digits and heaping more pressure on the Bank...

Wed, 17/08/2022 - 07:18


UPDATE: UK leadership hopeful Truss laments UK workers in leaked audio

UK Conservative MP Liz Truss, the favourite to become prime minister next month, suggested Britons lacked ‘skill and application’ and needed to work harder, in...

Tue, 16/08/2022 - 21:17


Liz Truss rejects ‘sticking plaster’ to combat cost of living crisis

Liz Truss has rejected ‘sticking plaster’ approaches to tackle the cost-of-living crisis, as she appeared to dismiss Labour's £29 billion plan to target soaring energy...

Tue, 16/08/2022 - 20:12


TOP NEWS SUMMARY: UK real pay falls at record pace as inflation soars

The following is a summary of top news stories Tuesday.

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COMPANIES

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BHP Group reported it nearly tripled its annual profit as a result...

Tue, 16/08/2022 - 11:22


‘Next generation’ Covid booster to be offered to UK over-50s in autumn

Adults over 50 and clinically vulnerable people will be offered the first Covid-19 jab to target two strains of the virus, as part of the...

Tue, 16/08/2022 - 09:20


TOP NEWS: UK grocery price inflation hits highest level since 2008

UK grocery price inflation reached its highest level in nearly 15 years, according to figures from data analytics firm Kantar.

Grocery price inflation reached...

Tue, 16/08/2022 - 09:03


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