Economic News
Google quietly buys UK startup Redux
Google parent Alphabet has acquired a Cambridge startup that develops technology to turn surfaces, such as screens, into speakers.
Foreign students add £20bn to UK economy
International students’ spending supports local UK economies with an average of £102,000 per student, new research has found.
Numis downgrades Greene King and M&B as it grows more cautious on managed pubs
Analysts at Numis Securities downgraded Greene King and Mitchells and Butlers on Thursday as the brokerage grew increasingly cautious on managed pubs given the sector's above-average exposure to labour costs and high operational gearing.
US initial jobless claims unexpectedly rise
The number of Americans filing for unemployment benefits unexpectedly rose last week, according to figures from the Labor Department.
Canada takes US to WTO in complaint over trade rules
Canada has filed a complaint with the World Trade Organization against the US, claiming it has broken international trade rules.
Euro snaps higher after ECB minutes
The euro has snapped higher after rate-setters in Frankfurt dropped a hint that they might harden their so-called 'guidance' for their policy settings.
Mortgage conditions remain balmy, as unsecured lending criteria tightens - BoE
Mortgage credit availability improved slightly in the final quarter of 2017, but there was a fall the in amount of unsecured consumer credit being made available amid a further tightening of lending standards.
Eurozone manufacturers on a roll heading into 2018
Eurozone industrial production jumped more than expected in November and the bloc headed into 2018 on the front foot.
UK economy could take £54bn hit by 2030 from 'no deal' Brexit, study claims
A no-deal Brexit could cost the UK £54bn and up to half a million jobs by 2030, according to an assessment commissioned by London Mayor Sadiq Khan.