Economic news and events

The UK inflation rate edged up in May to a fresh 40-year high, data on Wednesday showed.

Annual consumer price inflation hit 9.1%, ticking...

Talks on a trade deal between the UK and six Gulf nations that could boost the UK economy by up to £1.6 billion a year...

The Bank of England's chief economist said the central bank should focus on tempering inflation rather than stabilising the pound or boosting wider economic activity,...

The following is a summary of top news stories Tuesday.

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COMPANIES

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Online grocer Ocado said it successfully completed a new fundraise. Ocado said...

UK supermarket sales were lifted by Jubilee festivities in June, despite inflation reaching the highest level since April 2009, new data showed on Tuesday....

Online grocer Ocado early Tuesday said it successfully completed the fundraise that it had announced after the market close on Monday.

Ocado had said it...

Train passengers face chaos on Tuesday, with only a fifth of services running and half of lines closed, due to the biggest strike by rail...

The UK government has come under fire for planning to reduce controls on City bosses' pay while calling for wage restraint in the public sector....

The Bank of England should lift interest rates in chunkier instalments as a flailing pound is heaping more inflationary pressure on the UK, a policymaker...

The UK rail strikes are to go ahead after last-ditch talks failed to resolve a bitter dispute over pay, jobs and conditions.

Thousands of members...