Economic News
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Sadiq Khan requests special Brexit deal for London
Mayor of London, Sadiq Khan is requesting a special Brexit deal to allow London to stay within the European Union’s single market and customs union.
Tuesday preview: Ferguson and Victrex report, UK services PMI
Results from Ferguson and Victrex are the highlight of a quiet company calendar, but on the data side there's a more packed diary, with a ream of soft economic data around the world, eurozone retail sales and the US trade balance.
Bitcoin reaches new high at nearly $11,800
Bitcoin hit a new record high of nearly $11,800 on Sunday breaking it’s last record of over $11,000 on Wednesday 29 November.
Some analysts sceptical of long-term impact of US tax cuts on economy
The upper chamber of the US Congress approved a tax cut package at the weekend, possibly paving the way for final approval for as soon as the end of this week, but market commentary is quite divided on just how powerful a boost it will deliver to the economy and the price the country will have to pay in terms of an increased debt burden.
Brexit: Theresa May ready to make agreement on Irish border
UK Prime Minister Theresa May has to European Union negotiating teams that no part of Ireland will be taken out of the single market and customs union after Brexit, Irish media reported on Monday.
UK housebuilding activity remains robust to lift construction PMI
UK construction activity rallied more than expected in November, according to a survey from IHS Markit released on Monday, with residential building leading the way.