Economic news and events

Concerns raised over Chinese takeover of UK semiconductor company

The UK will become a ‘wholly owned subsidiary’ of China if businesses like Newport Wafer Fab are sold to companies linked with the Chinese government,...

Thu, 07/04/2022 - 13:57

UK households ‘face record £900 income hit this year’

UK households are set to be £900 worse off this year in a ‘historic fall’ in living standards but the lowest earners face a £1,300...

Thu, 07/04/2022 - 13:37

UK finance minister faces further fire over wife's tax status

UK finance minister Rishi Sunak, once a leading contender to become prime minister, faced new criticism on Thursday after it emerged his Indian wife holds...

Thu, 07/04/2022 - 13:28

Co-op boss says supply issues still ‘huge challenge’ amid shortages

The new boss of the Co-op has warned that supply disruption continues to be a ‘huge challenge’ amid shortages of broccoli, lettuce and sunflower oil...

Thu, 07/04/2022 - 11:52

TOP NEWS SUMMARY: Shell warns Russia exit to cost up to $5 billion

The following is a summary of top news stories Thursday.

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COMPANIES

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Shell said it will book an impairment of between $4 billion and...

Thu, 07/04/2022 - 11:36

Ireland annual inflation rate hits near 22-year high in March at 6.7%

Ireland's annual inflation rate raced to its highest level since 2000 in March, figures on Thursday showed.

According to the Central Statistics Office, Ireland's...

Thu, 07/04/2022 - 11:17

TOP NEWS: Irish government to sell further stake in Bank of Ireland

Irish Minister of Finance Paschal Donohoe on Thursday announced a further extension of Bank of Ireland Group PLC's share trading plan.

In June 2021, the...

Thu, 07/04/2022 - 11:14

Ukraine appeals for Nato help as fears grow for eastern regions

Ukraine's foreign minister has appealed for help from the West as the country faces a battle for its industrial eastern regions after Russian forces withdrew...

Thu, 07/04/2022 - 10:57

UK FCA plans faster response against ‘problem firms’

The UK Financial Conduct Authority has announced a new strategy to shut down ‘problem firms’ that do not meet basic regulatory standards.

Bosses at the...

Thu, 07/04/2022 - 10:54

REPEAT: Shell to take up to $5 billion hit from Russia exit

Shell on Thursday said it will book an impairment of between $4 billion and $5 billion in the first quarter of 2022 after exiting its...

Thu, 07/04/2022 - 08:13

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