NEWS AND ANNOUNCEMENTS
European Union leaders have approved the terms of the transition deal draft on the condition that it provides a valid solution for the Northern Irish border affair.
Housebuilders are failing to meet demand for social and affordable housing with just 20% of homes to be build over the coming year to be affordable, new research has found.
The threat of a trade war between the world's two biggest economies did not have as big an effect on Chinese stocks after Beijing intervened to support its stock market on Friday, while economists said US tariffs were not as big as had been feared.
China has announced $3bn tariffs as a response to the US’ new levies on steel and aluminium imports that were implemented on Friday. China listed 128 US products that could be subject to tariffs if there are no new negotiations on trade.
The Bank of England left the way open for interest rates to rise in May after policymakers voted 7-2 in favour of leaving borrowing costs unchanged.
The number of Americans filing for unemployment benefits unexpectedly picked up last week, according to data from the Labor Department.
Robert Lighthizer, US trade representative, on Wednesday said the United States could be looking to avoid a trade war with some of its top allies, with the EU, Australia, South Korea, Argentina and Brazil maybe exempted from the tariffs on steel and aluminium.
UK retail sales last month bounced back more strongly than expected after two months of declines, though non-food store sales continued to wane.
German business confidence deteriorated a little in March, according to a widely-followed survey released on Thursday.
Travis Kalanick, Uber's former chief executive, has found a new ride after exiting the ride-sharing company in June, acquiring a controlling stake in real estate company City Storage Systems for $150m.
Big technology companies like Facebook, Google and Amazon are facing an estimated $5bn increase in their tax-bill under new plans unveiled by the European Commission.
Health unions have accepted a deal for 1. 3m NHS workers that will see pay rise by at least 6. 5% over three years.
The European Union’s plans to endorse a post-Brexit transition agreement may have encountered a last-minute stumbling block after Spain demanded the deal not undermine it in its talks with Gibraltar.
A parliamentary committee has accused PricewaterhouseCoopers for “milking the Carillion cow dry” as the accountancy firm was grilled over the construction company’s collapse earlier this year.
Sales of US existing homes rose more than expected in February, according to data from the National Association of Realtors.
Factory order books weakened in March but manufacturers continued to benefit from sterling’s decline and global economic growth, a CBI survey showed on Wednesday.
Government borrowing is on course to undershoot the official forecast for the full year, official figures suggest.
UK wage growth and employment levels are picking up more than expected, though there may be enough holes in the numbers for the Bank of England to "look through" the data and avoid raising interest rates yet.
Tour operator TUI Group has announced plans to increase the size of its cruise liner fleet to 18 vessels by 2023.
US retailers and clothing manufacturers including Wal-Mart and Nike are raising concerns with President Donald Trump over his pledge to levy tariffs on Chinese imported goods since it will raise consumer prices and hit sales.