Economic News
11 Jan
Google by Dudley Carr (Flickr)
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.

11 Jan
ep estudiante
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.

11 Jan
greene king
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.

11 Jan
City workers
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.

11 Jan
canada, canadian flag
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.

11 Jan
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.

11 Jan
mortgages adviser lending housing
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.

11 Jan
boysen fabrica
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.

11 Jan
Sadiq Khan Mayor of London
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.