Economic News
Commodities: DoE data boosts WTI futures, net oil imports lowest since 1992
Energy futures climbed on Thursday following the release of data showing a large drawdown in US stockpiles, which helped to buoy the entire complex.
Countries with restrictions on freedom of speech rank highest in annual corruption perception index
Transparency International's 2017 Corruption Perception Index reveals high levels of corruption in over two-thirds of countries, with the UK among the few that managed to improve their rating.
Credit Suisse sees 'solid and uneventful' year for Moneysupermarket
Credit Suisse analysts maintained their ‘hold’ recommendation on Moneysupermarket. com (MONY) as they feel the company’s new strategy will unlock new market growth but will take time.
UK inequality projected to rise to record highs, poorest households to be hit the hardest
General income growth has slowed and is expected to continue on the same trajectory for the next 5 years, according to one of the UK's leading think-tanks.
Hospitality businesses pessimistic about 2018, says CGA finds
Trading in the eating and drinking sector is predicted to continue along its current difficult path in 2018, according to leaders surveyed by CGA.
US initial jobless claims decline
The number of Americans filing for unemployment benefits fell last week, according to data released by the Labor Department on Thursday.
Parliament to question Cambridge Analytica chief as part of 'fake news' inquiry
Parliament's Digital, Culture, Media and Sport Committee (DCMS) is questioning Alexander Nix, CEO of Cambridge Analytica on 27 February as part of parliamentary enquiry into fake news to investigate if the public has been manipulated and been fed untruths.
US corporate investment may be coming out of the doldrums, Fed's Quarles says
Corporate investment may finally be coming out of the doldrums, a top US central bank official said, sticking to the monetary authority's mantra that policy should continue to be gradually "normalised" given job market strength and the "likely only temporary" softness of inflation.
Mayor's office announces £110m investment into the Met
Sadiq Khan announced on Thursday that he would be investing an additional £110m into the Metropolitan Police over the next twelve months.
Non-EU migrants boost net migration as Britain sees drop in EU arrivals
244,000 more people entered the UK in the twelve months leading to 30 September than those leaving, despite falling numbers of net EU migration in the wake of Britain's decision to leave the Union.
UK retail sales growth slows but investment intentions rise in February - CBI
Retail sales growth in the UK unexpectedly slowed this month, according to the latest quarterly distributive trades survey from the Confederation of British Industry.
UK GDP growth trimmed as UK veers into G7 slow lane
UK gross domestic product growth for 2017 was revised down in Office for National Statistics' second estimate on Thursday, meaning last year was the economy's worst performance since 2012.
German business confidence deteriorates more than expected in February - Ifo
German business confidence deteriorated more than expected in February, according to a widely-followed survey released on Thursday.