Economic news and events

LONDON BRIEFING: Earnings focus ahead of US inflation report

Insurers took centre stage in London early Wednesday, with both Prudential and Aviva reporting results, while markets awaited a key consumer price index reading in...

Wed, 10/08/2022 - 08:39

UK consumer confidence up in July to end seven-month slump - YouGov

Consumer confidence rose in July, possibly due to the UK government's cost-of-living payments, according to a YouGov survey.

The two-point rise in the overall index...

Wed, 10/08/2022 - 05:55

Truss says UK cost-of-living talks before end leadership bid ‘bizarre’

UK PM hopeful Liz Truss has branded proposals to agree support for rising energy bills with the government and Rishi Sunak before the Tory leadership...

Wed, 10/08/2022 - 05:51

UK PM says successor will have ‘fiscal firepower’ to help people

Boris Johnson has declared he is ‘absolutely confident’ that his successor as UK prime minister ‘will have the fiscal firepower and the headroom to continue...

Tue, 09/08/2022 - 21:33

PRESS: UK preparing for winter blackouts in worst-case scenario

- The UK is bracing for the possibility of organised blackouts this winter under worst-case plans, Bloomberg reported on Tuesday.

Under a ‘reasonable worst-case...

Tue, 09/08/2022 - 19:07

Sunak suggests UK cost-of-living support, Truss focused on tax cuts

Rishi Sunak has suggested he could offer hundreds of pounds in extra support to those shouldering the rising cost-of-living burden after analysts delivered a shock...

Tue, 09/08/2022 - 18:30

UK braced for extreme heat as millions more face hosepipe ban

The UK is braced for days of extreme temperatures in the latest heatwave, as millions more people face a hosepipe ban in the coming weeks....

Tue, 09/08/2022 - 16:08

Irish industrial output rises 8.5% in June from May, up 26% annually

Irish industrial production grew by 8.5% month-on-month in June, while the turnover index fell by 1.5%.

In June, the seasonally adjusted production index grew...

Tue, 09/08/2022 - 11:45

TOP NEWS SUMMARY: Taiwan accuses China of planning invasion

The following is a summary of top news stories Tuesday.

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COMPANIES

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Edinburgh-based asset manager abrdn reported a swing to loss and lowered its...

Tue, 09/08/2022 - 10:45

Workers at UK's biggest container port reject improved pay offer

Talks aimed at averting strikes by workers at the Port of Felixstowe have failed to resolve a dispute over pay.

Members of the Unite union...

Tue, 09/08/2022 - 08:54

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