Economic news and events


TOP NEWS SUMMARY: Facebook users numbers inch up, sending stock up 17%

The following is a summary of top news stories Thursday.

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COMPANIES

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Barclays reported a drop in first-quarter profit as the bank started to...

Thu, 28/04/2022 - 11:45


UK car production continues to fall; exports to US and EU plunge

Car production in the UK has continued to fall, with almost 100,000 fewer vehicles built in the first three months of 2022 compared with a...

Thu, 28/04/2022 - 09:02


LONDON BRIEFING: UK consumer firms warn of ‘unprecedented inflation’

As the first quarter earnings season reached a peak on Thursday, a string of UK companies warned that rampant inflation will hurt profit margins and...

Thu, 28/04/2022 - 08:23


UK regulator Ofcom to be given powers to regulate streaming platforms

UK Culture Secretary Nadine Dorries has revealed new plans for Ofcom to regulate streaming platforms to ‘protect audiences’ from ‘harmful material’.

The government will give...

Thu, 28/04/2022 - 06:07


UK Chancellor Sunak hints at more help with energy bills in autumn

UK Chancellor of the Exchequer Rishi Sunak has hinted there could be further help for families struggling with soaring energy bills in the autumn.

In...

Wed, 27/04/2022 - 20:21


UK Chancellor Rishi Sunak cleared of ethics breach over family tax

The UK government's ethics advisor said on Wednesday he had cleared embattled finance minister Rishi Sunak of breaching ministerial codes after investigating his family's tax...

Wed, 27/04/2022 - 17:26


Kellogg's launches legal challenge against UK government food rules

Kellogg Co's is mounting a legal challenge against new UK government rules that would stop some of the company's cereals being prominently displayed in food...

Wed, 27/04/2022 - 11:29


TOP NEWS SUMMARY: Microsoft shares up, Alphabet down after results

The following is a summary of top news stories Wednesday.

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COMPANIES

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Microsoft reported a strong third-quarter performance through continued robust demand for its...

Wed, 27/04/2022 - 10:50


LONDON BRIEFING: Lloyds raises guidance despite ‘uncertain’ UK economy

Lloyds Banking on Wednesday reported a dip in first quarter profit and noted that the outlook for the UK economy ‘remains uncertain’, but the lender...

Wed, 27/04/2022 - 08:20


TOP NEWS SUMMARY: Musk champions free speech as takes Twitter private

The following is a summary of top news stories Tuesday.

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COMPANIES

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Elon Musk, the world's richest man, struck a deal on Monday to...

Tue, 26/04/2022 - 11:02


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