Economic News
17 May
ep contaminacionla ciudadmadrid 20171118120503
UK taken to Europe's highest court over excessive pollution

The European Commission is dragging the UK along with Germany, France, Italy, Romania and Hungary before its highest court for breaching legal limits on levels of pollution and for failing to meet the caps set by Brussels on emissions of nitrogen dioxide.

17 May
oil portada
Oil reaches $80 mark for the first time since 2014

A warning from the head of France's Total that it will stop development of a key Iranian gas field has pushed oil prices back above $80 a barrel for the first time since 2014.

17 May
actas fed reserva federal portada
US Philly Fed index rockets in May, hiring strengthens

Perhaps the most closely-followed lead indicator for factory sector activity in the States jumped past forecasts in May as new orders rocketed.

17 May
ilustracion-brexit
Downing Street dismisses reports UK will stay in customs union past 2021

Prime Minister Theresa May on Thursday dismissed a media report the government is planning for the UK to stay in the European customs union after 2021.

17 May
fracking, shale gas
UK govt launches fracking fund and planning service to help councils, developers

To speed planning permission for fracking projects in England, ministers have launched a fund to help local authorities deal with shale applications and a new 'planning brokerage service' to help both developers and local authorities with the application process.

17 May
dollar-fed-taux-monnaie-crise-monetaire-fmi-billet-drapeau
US weekly unemployment claims increase by more than expected

US jobless claims for last week increased by moderately more than markets were expecting.

17 May
brexit-nhs
NHS outsourcing deal with Capita 'put patients at risk'

Outsourcing NHS services to private company Capita is resulting in “widespread failures”, the UK’s spending watchdog has said.