Economic news and events


TOP NEWS: Sunak and Javid resign in protest at UK PM Johnson

Rishi Sunak has quit as chancellor and Sajid Javid has resigned as health secretary as UK Prime Minister Boris Johnson's leadership continues to face a...

Tue, 05/07/2022 - 18:25


Royal Mail managers to strike later this month in pay row

Royal Mail PLC managers are to strike later this month in a dispute over jobs and pay, it has been announced.

The Unite union said...

Tue, 05/07/2022 - 12:24


UK PM Johnson accused of ‘cover-up’ over Pincher misconduct probe

UK Prime Minister Boris Johnson is facing accusations of a ‘cover up’ over his appointment of Chris Pincher after a former senior official said the...

Tue, 05/07/2022 - 12:04


TOP NEWS: Bank of England sees risk but confident in UK banking health

The Bank of England's Financial Policy Committee on Tuesday said the health of the UK economy has ‘deteriorated materially’, but lenders appear resilient.

‘Following...

Tue, 05/07/2022 - 11:14


TOP NEWS SUMMARY: Euro hits 20-year low against dollar as PMI declines

The following is a summary of top news stories Tuesday.

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COMPANIES

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AstraZeneca said it is buying biotechnology firm TeneoTwo, a developer of a...

Tue, 05/07/2022 - 11:12


TOP NEWS: UK services sector fares better than forecast in June

The UK's all-important services sector rounded off a difficult second quarter with better-than-expected growth in June, figures on Tuesday showed.

The latest S&P Global/CIPS UK...

Tue, 05/07/2022 - 09:49


Ireland services sector growth slows to six-month low in June

Services activity in Ireland expanded at the slowest pace since the end of last year, figures on Tuesday showed, rounding off a slightly difficult quarter....

Tue, 05/07/2022 - 08:06


LONDON BRIEFING: Sainsbury warns cost of living crisis to ‘intensify’

Supermarket chain J Sainsbury on Tuesday reported a slip in first quarter sales as it acknowledged a tough backdrop, believing pressures from the cost of...

Tue, 05/07/2022 - 08:03


UK car industry suffers worst June since 1996 as registrations fall

The UK automotive industry suffered its worst June for new car sales since 1996.

Registrations of new cars fell by around 24% last month compared...

Tue, 05/07/2022 - 05:52


Pressure continues on Downing Street over Pincher allegations

UK Prime Minister Boris Johnson remains under pressure about what exactly he knew regarding allegations against former deputy chief whip Chris Pincher.

Ministers publicly defended...

Mon, 04/07/2022 - 11:42


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