Economic news and events


TOP NEWS: UK public sector borrowing down yearly but above pre-virus

UK public sector borrowing remains stubbornly high, still above pre-Covid times, according to numbers from the Office for National Statistics on Tuesday.

Public sector...

Tue, 24/05/2022 - 07:54


TOP NEWS: UK PM Johnson under pressure over lockdown party ‘lies’

UK Prime Minister Boris Johnson is facing fresh accusations he lied to Parliament after photographs emerged of him raising a glass at a Downing Street...

Tue, 24/05/2022 - 05:57


TOP NEWS SUMMARY: Lagarde says ECB set to end negative interest rates

The following is a summary of top news stories Monday.

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COMPANIES

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Siemens Energy said it has launched a tender offer to buy up...

Mon, 23/05/2022 - 10:47


REPEAT: LONDON BRIEFING: Kingfisher plans capital return

Kingfisher on Monday said first-quarter sales were above pre-pandemic levels but had weakened year-on-year. The owner of the B&Q chain of DIY stores also unveiled...

Mon, 23/05/2022 - 08:24


LONDON BRIEFING: Kingfisher plans capital return despite cost pressure

Kingfisher on Monday said first-quarter sales were above pre-pandemic levels but had weakened year-on-year. The owner of the B&Q chain of DIY stores also unveiled...

Mon, 23/05/2022 - 08:18


UK house prices notch another record, shaking off BoE rate hikes

UK house prices hit yet another record figure in May, numbers on Monday showed, as the housing market shows little sign of being stifled by...

Mon, 23/05/2022 - 05:03


Oil and gas industries reject call for windfall tax in UK

UK oil and gas producers have pushed against a windfall tax on their profits in light of rising prices.

Prime Minister Boris Johnson has come...

Fri, 20/05/2022 - 12:50


TOP NEWS SUMMARY: China cuts key interest rate to support economy

The following is a summary of top news stories Friday.

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COMPANIES

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BHP said its shareholders will receive an in specie dividend in the...

Fri, 20/05/2022 - 10:57


Bank of England's chief economist shows support for further rate rises

Interest rates might need to rise further in the future as the economy is hit by high levels of inflation, the Bank of England's chief...

Fri, 20/05/2022 - 10:27


LONDON BRIEFING: Next Fifteen steps into M&C Saatchi takeover battle

Digital marketing services firm Next Fifteen Communications on Friday muscled into the tussle over advertising agency M&C Saatchi by making a £310.1 million cash-and-shares offer....

Fri, 20/05/2022 - 08:24


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