Economic News
20 Jul
Carolyn McCall easyJet
ITV gains leverage after Virgin's fight with Auntie Beeb

UKTV, which is 50% owned by the BBC, will withdraw its channels from broadcaster Virgin Media on Saturday after failing to agree on retransmission fees, which saw ITV shares perk up on hopes that it could increase its own fees.

20 Jul
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May calls on EU to 'evolve' position over Ireland border

UK Prime Minister Theresa May on Friday urged the EU to axe its "unworkable" plan for the Irish border after Brexit, accusing the bloc of inflexibility on the issue.

20 Jul
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Apple Watch and FitBit could be hit with Trump's tariffs

The Apple Watch, FitBit and other accessories assembled in China could be affected by the latest round of US tariffs on $200bn of Chinese products, according to government filings.

20 Jul
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Trump 'not thrilled' about Fed rate hikes, threatens China again

President Donald Trump took the unusual step of explicitly criticised the Federal Reserve for raising interest rates and the potential impact on the US economy, as well threatening to hit China with a new wave of tariffs.

20 Jul
philip-hammond-nomme-ministre-des-finances
UK government deficit falls to lowest since 2007

UK public finances continued to improve in June, with government borrowing falling to its lowest level since 2007 and potentially giving Chancellor Philip Hammond more room for manoeuvre in his autumn Budget.

20 Jul
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Government prepares weekly warnings on no-deal Brexit

The government is preparing to issue weekly warnings about the impact of a no-deal Brexit after the prime minister's blueprint for leaving the EU failed to unite her party.

19 Jul
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Nearly 29% of UK supermarket packaging is not recyclable

A Which? investigation has found a third of plastic packaging in supermarkets is not recyclable. Morrisons was found to be the best at using recyclable packaging while Lidl showed the worst results.

19 Jul
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Local councils take legal action against Heathrow Airport expansion

Five local councils notified the Theresa May's government that they are seeking a judicial review of the government’s decision to go through with the expansion of London’s Heathrow Airport, with the support of London Mayor Sadiq Khan.

19 Jul
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Burberry destroys £28.6m of stock to battle counterfeiting

Burberry destroyed unwanted stock worth £28. 6m in its last financial year to avoid it falling into hands of forgers or finding its way onto other shelves or websites.

19 Jul
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Uber hires first chief privacy officer

Uber has hired its first chief privacy officer ahead of the ride hailing appmaker's planned initial public offer next year.

19 Jul
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Hackney council clamps down on nightlife with new curfew

Nightlife in the London borough of Hackney is under threat after the local council voted in favour of a clamp-down, including curfews and prevention of granting of new licences.

19 Jul
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Philly Fed index ticks up more than expected

Manufacturing conditions in the Philadelphia region improved more than expected in July, according to a survey released on Thursday.

19 Jul
City workers
US initial jobless claims drop to lowest level since December 1969

The number of Americans filing for unemployment benefits fell to the lowest level since 1969 last week, according to figures from the Labor Department.

19 Jul
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Trump threatens more tariffs if EU trade negotiations fail

US President Donald Trump said that European Union officials will be travelling to Washington next week to discuss trade and threatened the bloc with “tremendous retribution” if negotiations do not work out.

19 Jul
cash money sterling pound
Pound drops to 10-month low after disappointing week of data

Sterling was sent slipping and sliding to below $1. 30 for the first time in 10 months after a series of disappointing economic data points this week lowered expectations for UK interest rates.

19 Jul
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Weather and World Cup blamed as high street sales wilt in June

UK retail sales fell back in June, as the football World Cup and hot weather saw consumers abandon the high street.

18 Jul
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Sky gets pat on the back in latest Ofcom complaints stats

As children's entertainment behemoth Disney and Rupert Murdoch’s 21st Century Fox tussle for control of Sky, Ofcom has revealed the broadcaster and telecoms utility was the least complained about provider in the latest complaints league table.

18 Jul
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US housing starts drop to nine-month low in June

US housing starts dropped to a nine-month low in June, according to data released by the Commerce Department on Tuesday.

18 Jul
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Google fined €4.3bn by EU over Android case

Tech giant Google has been fined €4. 3bn ($5bn) by the European Union for abusing its market position over smartphone makers and ordered to change the way it puts web browser apps on Android devices.

18 Jul
planes-pensiones
Shake up needed in pension investment market, says CMA

The Competition and Markets Authority has concluded its investigation into the pension investment market by proposing a series of reforms.