Economic News
Immigration rules to be relaxed to help NHS hire non-EU doctors
Immigration rules are being softened to allow more non-EU doctors into Britain to relieve the NHS, home secretary Sajid Javid said on Thursday.
ECB announces end of QE, interest rates to be unchanged at least through mid-2019
The European Central Bank has decided to end its asset purchase programme at the end of 2018, although interest rates will remain at their current levels - at least - "through" the summer of 2019.
US retail sales volumes more than double forecasts in April
US consumers took Main Street by storm in April with sharp increases seen in outlays on building materials, gasoline and clothing.
May's government risks collapse over 'meaningful vote' dispute
Theresa May’s government is in danger of crumbling if party rebels defeat her Brexit deal with the EU, a senior Tory MP has warned.
Friday preview: Tesco slight slowdown expected, BoJ to stand pat
Ending a week that saw the US central bank raise rates, its European counterpart plot an end to quantitative easing, the Bank of Japan is not expected to continue pulling the tightening thread on Friday, while in UK company news Tesco will provide an update on recent trading.
US import prices jump in May on the back of dearer fuel purchases
Import prices in the States jumped last month, pushed higher by a sharp increase in the bill for fuel imports.
Progress 'satisfactory' on arms-length separation of BT and Openreach
Ofcom published its first progress report on the legal separation of Openreach from its parent company BT on Thursday, describing progress as “broadly satisfactory”.
US weekly unemployment claims remain at multi-decade lows
Initial US jobless claims drifted slightly lower last week, with secondary claims moving to fresh multi-decade lows.
Social media firms 'must share burden' of child mental health costs with NHS
Social media firms should do more to help the NHS tackle mental health issues in young people said NHS boss Simon Stevens.
US will not lift sanctions on North Korea until 'complete denuclearisation'
US Secretary of State Mike Pompeo said in a conference in Seoul with his South Korean and Japanese counterparts on Thursday that the US would not lift economic sanctions on North Korea until the "complete denuclearisation" of the country.
UK retail sales rally more than expected
UK retail sales increased more than expected last month, thanks to boosts from warmer weather, the royal wedding and FA Cup, the Office for National Statistics said.