Economic news and events


LONDON BRIEFING: Next says lockdown-wear out, formalwear back in

Next on Thursday lifted profit guidance after second-quarter sales came in ahead of forecasts, partly thanks to dry weather in the UK encouraging people to...

Thu, 04/08/2022 - 08:18


UK PM hopeful Truss gains further heavyweight backing

Former Conservative health minister Sajid Javid announced Wednesday his support for Liz Truss as the UK's next Conservative prime minister, adding to the roster of...

Thu, 04/08/2022 - 05:12


TOP NEWS SUMMARY: Pelosi pledges US support for Taiwan; China responds

The following is a summary of top news stories Wednesday.

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COMPANIES

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Nintendo reported a drop in sales and profit in its first quarter...

Wed, 03/08/2022 - 11:03


TOP NEWS: UK services sector growth ebbs but hiring drive continues

The UK services sector expanded at the slowest pace in 17 months, amid meek new business despite firms stepping up hiring, a survey on Wednesday...

Wed, 03/08/2022 - 09:56


LONDON BRIEFING: Taylor Wimpey says UK housing market remains strong

Housebuilder Taylor Wimpey on Wednesday reported a rise in interim profit as it trimmed expenses.

Revenue in the half-year that ended July 3 came in...

Wed, 03/08/2022 - 08:30


Liz Truss abandons policy to slash UK public sector pay amid backlash

Liz Truss has abandoned a flagship policy to slash £8.8 billion from public sector pay outside London after furious warnings from senior Conservatives that it...

Wed, 03/08/2022 - 06:24


Truss abandons policy to slash public sector pay amid backlash

Liz Truss has abandoned a flagship policy to slash £8.8 billion from public sector pay outside London after furious warnings from senior Conservatives that it...

Tue, 02/08/2022 - 15:08


TOP NEWS SUMMARY: BP increases shareholder returns despite Russia exit

The following is a summary of top news stories Tuesday.

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COMPANIES

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BP said it continued to ‘perform while transforming’ as second quarter profit...

Tue, 02/08/2022 - 11:03


LONDON BRIEFING: BP hikes dividend 10% and sets new share buyback

BP's second quarter profit jumped on stronger refining margins, the company said on Tuesday, though a Russia hit in the first quarter more than ensured...

Tue, 02/08/2022 - 08:28


TOP NEWS: UK yearly house price growth quickens in July - Nationwide

Annual house price growth in the UK accelerated slightly in July, while the monthly measure rose by the 12th month in succession, figures on Tuesday...

Tue, 02/08/2022 - 08:16


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