ECONOMIC NEWS
05 Dec
housebuilder building construction bellway
Housebuilders request special permits to tackle Brexit labour shortage

UK housebuilders have requested a special permit system to allow construction workers from abroad to be recruited to help with the housing crisis post Brexit.

05 Dec
Wall street america US USA signs
US service sector growth slows a tad more than expected in November, ISM says

US service sector growth slowed a tad more than expected last month but economists indicated that it continued to point to a healthy pace of growth.

05 Dec
Jeremy Corbyn
Labour party lashes out at Brexit talks fiasco

The Labour party labeled the result of the ongoing Brexit talks "embarrassing", demanding single market membership be "put back on the table".

05 Dec
bce, banco central europeo
EU blacklists South Korea and UAE as tax havens

European Union finance ministers have placed 17 states on a blacklist of tax havens, including the powerful economies of the UAE and South Korea.

05 Dec
north korea kim jong un corea
Joint US and South Korean drills draw angry response from Pyongyang

The US and the South Korean air forces will beef-up and go ahead with their joint annual military exercises, a week after North Korea fired its most powerful test missile to date.

05 Dec
donald-trump-regrette-ses-remarques-blessantes
Mueller forces Trump into handing over Deutsche Bank records after subpoena

US President Donald Trump’s bank records will be handed over to special counsel Robert Mueller’s investigation into Russian meddling in last year’s presidential election.

05 Dec
Wednesday preview: EC's Brexit decision, Stagecoach results

Wednesday will be another important day for Brexit, as Theresa May's rollercoaster week of negotiations continues, while its quite quiet on the company results front, with Stagecoach the biggest name expected.

05 Dec
hanjin-shipping
US trade shortfall widens in October amid broad-based weakness in exports

America's shortfall in trade with the rest of the world worsened in October, amid a broad-based drop in exports and increased purchases of industrial supplies and consumer goods from overseas.

05 Dec
cbpuigdemont1
Spanish supreme court lifts arrest warrant for Carles Puigdemont

Former leader of the Catalan government Carles Puigdemont has had the European arrest warrant that was placed on him lifted by the Spanish supreme court.

05 Dec
apple tienda quinta avenida
Ireland reluctantly agrees plan begin collecting €13bn in Apple back tax

Apple and the Irish government have finally agreed a plan for the US tech giant to repay €13bn in unpaid taxes to the state, as a result of an EU ruling from last year.

05 Dec
provident financial office
UK services activity weaker than expected, though prices soar

Services sector activity last month was even weaker than expected, according to a survey of Britain's dominant sector published on Tuesday, giving further indications that the economy will continue to grow slowly in the final quarter of the year.

05 Dec
European Central Bank, ECB, euro, eurozone, single currency
Eurozone retail sales drop more than expected in October

Retail sales in the eurozone fell more than expected in October, according to figures released by Eurostat on Tuesday.

05 Dec
great_western_railway_firstgroup_gwr.jpg
Mammoth fare rise after year of hell on railways

Commuters are bracing for the biggest fare rise in five years, as the Rail Delivery Group confirms the annual January increase will see ticket prices rise by an average of 3. 4% from 2 January.

05 Dec
European Central Bank, ECB, euro, eurozone, single currency
Eurozone business activity accelerates in November - IHS Markit

Business activity in the eurozone accelerated in November, according to data released on Tuesday.

05 Dec
ep automoviles coches vehiculos
UK car sales fall for eight month in a row - SMMT

UK new car sales have skidded lower for an eighth consecutive month, entirely from falling demand for diesel vehicles.