NEWS AND ANNOUNCEMENTS
Downing Street has handpicked a group of City veterans to launch a probe into the Financial Reporting Council just days after a report on recently collapsed facilities management and construction services company Carillion highlighted several failures in the market.
Prime Minister Theresa May has proposed a new Brexit customs plan aimed to break the deadlock the UK government is facing over the future relationship with the EU post-2020 faced some problems on Thursday.
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.
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.
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.
Outsourcing NHS services to private company Capita is resulting in “widespread failures”, the UK’s spending watchdog has said.
Wednesday’s news that the East Coast rail franchise would once again fall into government hands marks the third time since privatisation that the high-speed route between London and Scotland has failed.
UK energy users will be forced to pay an extra £1. 5bn for their green energy over the next fifteen years due to a tweak of the government’s policy on green energy subsidies, the National Audit Office has warned.
Annual inflation in the eurozone slowed to 1. 2% in April from 1. 3% the month before, well below the European Central Bank's target of close to but under 2%, data from Eurostat confirmed on Wednesday.
Downing Street's inner Brexit cabinet is set to meet again on Tuesday after Prime Minister Theresa May attacking Tory Brexiteer Jacob Rees-Mogg, who said he was among a group that would not back down from supporting a hard Brexit, outside the customs union with the Irish border open.
Facebook failed to answer 39 questions concerning data privacy and fake news posed to the company by parliament's Digital, Culture, Media and Sport Committee, the group's chairman said on Tuesday.
Sentiment among US housebuilders improved in May, according to data released on Tuesday.
Investors in Germany remained gloomy in May, according to the latest survey from the ZEW Center for European Economic Research in Mannheim.
Growth in British wages slowed in March, official data showed on Tuesday, but employment expanded at the best quarterly rate for more than two years and the squeeze on real incomes eased as pay growth matched inflation.
A US national security adviser warned on Sunday that European companies who continue to trade with Iran risked being hit by US sanctions after President Donald Trump called for all links to be cut off.
London's housing industry was facing a "troubling picture" as new build starts and sales growth have fallen at their worst rate since 2012, according to findings from London Central Portfolio's April LCPAca Residential Index, EG's 2018 London Residential Market Analysis and the Office of National Statistics.
Retail numbers in UK shops have fallen by an "unprecedented" 4. 8% over the past two months, according to a key industry survey.
UK equities offer fertile ground for stock-pickers, Morgan Stanley says, despite the poor macroeconomic outlook.
UK consumer spending remained depressed at the start of the second quarter, as April saw households rein in spending for the 11th out of the past 12 months and high street shops being particularly hard hit.