Economic news and events


TOP NEWS: UK private sector growth weakens to 17-month low in July

The UK's private sector remained in expansion territory in July, preliminary figures on Friday showed, though growth was the slowest since February 2021.

The...

Fri, 22/07/2022 - 09:52


LONDON BRIEFING: JD Sports backs guidance but UK retail sales weak

JD Sports backed annual guidance on a day that brought mixed reports on the UK's wider retail sector.

Ahead of the athleisure retailer's annual general...

Fri, 22/07/2022 - 08:12


Final two candidates in UK Tory leadership exchange blows over taxes

The final two vying to be the next UK prime minister have come to blows over their fiscal proposals, with Rishi Sunak warning against a...

Fri, 22/07/2022 - 07:37


TOP NEWS: UK yearly retail sales slump accelerates in June

UK retail sales painted a mixed picture in June, figures on Friday showed, with the sector seeing a slight Platinum Jubilee holiday boost, though the...

Fri, 22/07/2022 - 07:12


Irish premier calls on AIB to reconsider making 70 branches cashless

Irish premier Micheal Martin has called on AIB Group PLC to ‘reconsider’ its plan to remove cash services from 70 branches across Ireland, as Sinn...

Thu, 21/07/2022 - 17:48


Brexit divorce bill could soar by £5 billion, UK Treasury admits

The UK's Brexit divorce bill could soar to £42.5 billion after the Treasury increased its estimate of the payments owed to the EU by more...

Thu, 21/07/2022 - 16:52


UK government changes law to help plug staffing gaps caused by strikes

Businesses can now provide skilled agency workers to plug staffing gaps caused by strike action under changes to the law coming into force on Thursday,...

Thu, 21/07/2022 - 16:47


TOP NEWS SUMMARY: Mario Draghi resigns as Italian premier amid turmoil

The following is a summary of top news stories Thursday.

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COMPANIES

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Roche reported increased sales in the first half of 2022, despite competition...

Thu, 21/07/2022 - 11:06


LONDON BRIEFING: Ocado shares slip as loss grows; S4 shares drop 44%

Online grocer Ocado on Thursday reported an interim revenue decline and widened loss, which it put down to a UK grocery market that ‘contracted post...

Thu, 21/07/2022 - 08:31


TOP NEWS: UK government borrowing rises to second-highest June number

UK government borrowing increased in June, figures from Office for National Statistics on Thursday.

UK public sector net borrowing, excluding banks, amounted to £22.9 billion...

Thu, 21/07/2022 - 07:27


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