Economic News
Quarter of UK retailers vulnerable to interest rates rises in 2018
Many large UK retailers will struggle to meet higher interest payments this year if the Bank of England raises rates, according to a study carried out by Company Watch.
EU will hold their ground over protectionism and US tariffs - Malmström
European Union trade commissioner Cecilia Malmström said the bloc “will stand up to the bullies” over protectionism and will not be intimidated by the US on trade tariffs.
ECB has not begun discussing changes to forward guidance, Smets says
The European Central Bank had not even begun to discuss possible revisions to its 'forward guidance', a top official clarified.
London house prices drop 0.8% - Acadata
House prices dropped sharply in London last month, in contrast to the rest of Britain where the country as a whole continued to grow compared to last year but down on the preceding month.
Musk announces short trips to Mars will be ready by next year
Elon Musk, Tesla and SpaceX founder has announced his intention to send rockets on short trips to Mars by as soon as 2019.
Trump could win Democrats' support as Republicans consider blocking tariffs
Influential Democratic lawmaker Elizabeth Warren may tip the balance in favour of the White House’s planned international trade tariffs amid divisions within the Republican party on the measures.