Economic News
Second referendum would overturn 'Leave' decision, poll finds
A new poll has found that a fresh vote on Brexit would overturn the 'leave' result of the first referendum. The results came after Brexiteer Nigel Farage unexpectedly suggested a second referendum the day before.
Euro rallies to three-year high versus dollar after German coalition breakthrough
The euro rose to a three-year high against the dollar on Friday as investors welcomed a breakthrough in German coalition talks.
Pound jumps on news Spain and Holland to push for 'soft' Brexit
Sterling rose to its best level since the Brexit vote on Friday on news that Spain and Holland's finance ministers have reached an agreement that would see the two work together to lock down a Brexit deal that would keep the UK as close to the EU as possible.
US two-year yields top 2.0% as December core CPI jumps
The cost of living in the US jumped last month, pushed higher by a surge in the cost of used cars and trucks and medical care commodities.
Unite urges government to block 'predatory' Melrose bid for GKN
Unite has urged the government to block what it called a "predatory" and "destructive" takeover bid for engineer GKN by turnaround specialist Melrose Industries.
Trump denies saying 'shithole' countries in immigration talks
President Donald Trump rejected a bipartisan compromise to extend protections against deportations of young immigrants on Thursday and questioned why would he allow more immigrants coming from Haiti and “shithole countries” in Africa. On Friday the president denied having said the derogatory comments.
US retail sales grow more quickly than expected in December
US retail sales grew more strongly than expected last month amid especially strong demand for building materials and for on-line retailers.
FCA's binary blacklist of almost 100 firms offering unauthorised options trading
The UK financial regulator has published a list of 94 firms illegally offering binary options trading to British investors, many of which are suspected of hiding the fact that they are based overseas.