Economic news and events


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

Shell on Wednesday 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 - 08:08


UK PM pledges to take control of energy costs in long-awaited strategy

The UK government has promised to take back control of energy prices with its long-awaited energy strategy which aims to make 95% of electricity low...

Thu, 07/04/2022 - 05:43


UK retail footfall closer to 2019 levels but inflation ‘storm’ coming

UK retail footfall moved closer to pre-pandemic levels in March, figures on Thursday showed, but with inflationary fears heating up, high streets could be an...

Thu, 07/04/2022 - 05:01


Russia's actions in Ukraine ‘not far short of genocide’, says UK PM

UK Prime Minister Boris Johnson has said the actions of Russian forces in Ukraine appeared close to ‘genocide’ as he pledged Britain would be in...

Wed, 06/04/2022 - 13:27


TOP NEWS SUMMARY: EU to target Russian energy after ‘war crimes’

The following is a summary of top news stories Wednesday.

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COMPANIES

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Imperial Brands backed annual guidance and added it forecasts a ‘broadly flat’...

Wed, 06/04/2022 - 11:10


TOP NEWS: UK construction sector activity holds firm in March

UK construction sector activity remained robust in March against a backdrop of rising inflationary pressures, S&P Global said Wednesday.

The S&P Global-CIPS UK construction...

Wed, 06/04/2022 - 10:20


TOP NEWS: UK construction sector activity holds firm in March

UK construction sector activity remained robust in March against a backdrop of rising inflationary pressures, S&P Global said Wednesday.

The S&P Global-CIPS UK construction...

Wed, 06/04/2022 - 10:14


LONDON BRIEFING: Avon Protection shares tumble after profit warning

Avon Protection on Wednesday warned of lower-than-expected annual earnings after a soft start to its financial year.

Trading in the six months to the end...

Wed, 06/04/2022 - 08:11


Boris Johnson defends tax hike as national insurance rise takes effect

The UK Prime Minister has defended the decision to hike up national insurance for millions of workers, arguing that the manifesto-breaking rise is ‘necessary, fair...

Wed, 06/04/2022 - 08:08


Manchester Airport talks after weeks of chaos for travellers

Management at troubled Manchester Airport are meeting political leaders and unions on Tuesday after weeks of chaos for travellers.

Andy Burnham, Mayor of Greater Manchester,...

Tue, 05/04/2022 - 13:22


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