Economic news and events


TOP NEWS: UK retail sales rebound but outlook for consumers ‘gloomy’

(Alliance News) - UK retail sales fared better-than-hoped in April against a backdrop of weakening consumer confidence, data showed on Friday.

Retail sales volumes rose 1.4%...

Fri, 20/05/2022 - 07:49


US threatens to block UK trade deal over Northern Ireland

The US Congress will not support a free trade agreement with the UK if the government persists with ‘deeply concerning’ plans to ‘unilaterally discard’ the...

Fri, 20/05/2022 - 06:03


Closure of power stations by 2028 to hit UK energy generation

The UK government is being urged to check the possibility of extending the lives of power stations after MPs warned the closure of seven sites...

Fri, 20/05/2022 - 05:59


UK PM Johnson faces no further action in 'partygate' police probe

Police have told UK Prime Minister Boris Johnson he faces no further action over lockdown breaches, Downing Street said, after the Metropolitan Police concluded its...

Thu, 19/05/2022 - 13:46


UPDATE: Sainsbury's urges UK chancellor to launch online sales tax

Bosses at J Sainsbury PLC have urged the government to launch an online sales tax after rival Marks & Spencer Group PLC warned that such...

Thu, 19/05/2022 - 12:26


TOP NEWS SUMMARY: Target and Walmart ring inflation alarm bell

The following is a summary of top news stories Thursday.

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COMPANIES

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UK-based home repairs and improvements company HomeServe has agreed to be taken...

Thu, 19/05/2022 - 10:52


UK chancellor calls for business to invest and innovate more

UK Chancellor Rishi Sunak has called on businesses to ‘invest, train and innovate more’ to help boost productivity and improve the long-term prosperity of the...

Thu, 19/05/2022 - 09:32


PRESS: Marks & Spencer asks UK chancellor to reject online sales tax

Marks & Spencer Group PLC has reportedly warned the UK government that an online sales tax would do more harm than good for the high...

Thu, 19/05/2022 - 09:25


LONDON BRIEFING: HomeServe agrees to be bought for £4 billion

HomeServe on Thursday said it has agreed to be taken over by Brookfield Infrastructure Partners in a deal worth £4.08 billion.

Brookfield has offered 1,200...

Thu, 19/05/2022 - 08:27


UK to guarantee access to cash as banks shut branches

The UK government on Wednesday said it would legally guarantee access to cash as banks increasingly shut branches in the digital age.

‘Millions of people...

Thu, 19/05/2022 - 06:08


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