Economic news and events


TOP NEWS: UK house prices hit new record as inflation casts shadow

UK house prices surged to fresh record highs in May, but growth was showing signs of slowing amid inflationary pressures, according to mortgage lender Halifax...

Wed, 08/06/2022 - 08:03


UK Chancellor Sunak reaffirms pledge to cut business taxes in autumn

UK Chancellor Rishi Sunak has reaffirmed his commitment to cut taxes for business later in the year as the government seeks to get back on...

Wed, 08/06/2022 - 06:10


UK Prime Minister Johnson to face MPs following Tory revolt

UK Prime Minister Boris Johnson is to face Parliament on Wednesday for the first time since the damaging revolt by Tory MPs in Monday's confidence...

Wed, 08/06/2022 - 06:04


South Africa slams Ryanair's Afrikaans test as ‘backward’

South Africa on Tuesday said it was surprised at Irish budget airline Ryanair Holdings PLC's ‘backward profiling’ of passengers, who were given a pre-travel test...

Tue, 07/06/2022 - 21:09


TOP NEWS SUMMARY: UK PM feels the heat; Twitter bidder gets cold feet

The following is a summary of top news stories Tuesday.

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COMPANIES

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Elon Musk threatened to withdraw his bid to buy Twitter, accusing the...

Tue, 07/06/2022 - 10:49


TOP NEWS: High inflation continues to plague UK service sector

The UK services sector saw its weakest performance for over a year in May as rising inflation dented customer demand, according to S&P Global on...

Tue, 07/06/2022 - 10:12


LONDON BRIEFING: Preferred bidder decides against embracing Ted Baker

Ted Baker on Tuesday said it was informed by its preferred bidder late Monday that it does not intend to proceed with an offer for...

Tue, 07/06/2022 - 08:14


TOP NEWS: UK PM to meet Cabinet to move from bruising confidence vote

UK Prime Minister Boris Johnson is set to meet his Cabinet on Tuesday as he seeks to keep his premiership afloat by putting a bruising...

Tue, 07/06/2022 - 06:01


UK consumers retreat as cost-of-living crisis weighs on spending

UK retail sales contracted last month as consumers feel the squeeze from the country's cost-of-living crisis, the latest British Retail Consortium-KPMG retail sales monitor showed...

Tue, 07/06/2022 - 05:06


UK PM survives confidence vote but 148 Tory MPs refuse to back him

UK Prime Minister Boris Johnson has survived a confidence vote in his leadership of the Tory party but his authority has been dealt a significant...

Mon, 06/06/2022 - 21:10


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