News And Announcements
Tusk says Chequers plan won't work as May urges EU leaders to grant concessions

Chief of the European Council Donald Tusk, said on Thursday that Theresa May's proposed new economic partnership with the EU "will not work" as it risks undermining the EU's single market.

ep mcdonalds 20170808131902
Wetherspoons and McDonalds workers to strike over wages

Workers from Wetherspoons, McDonalds and TGI Fridays have taken unexpected action to fight “poverty wages” and are set to strike together next month.

US house USA United States of America housing
US existing home sales steady in August

Sales of US existing homes were steady in August, according to data from the National Association of Realtors.

primark westfield clothing retail abfoods
UK retail sales unexpectedly increase

UK retail sales unexpectedly jumped last month, with increases across all sectors except food and clothing.

Ladbrokes, betting, gaming, bookmakers, gambling
Labour calls for ban on TV gambling adverts during sports events

Britain's Labour party has pledged to ban certain types of gambling advertising if it wins the next general election.

19 Sep
UK calls for regulating 'wild west' cryptocurrencies

UK lawmakers on the Treasury select committee have called for regulation of cryptocurrencies which they consider to be "wild west" assets that expose investors to risks.

19 Sep
mark carney boe
BoE's Haldane calls for second revolution in central bank's communications

Bank chief economist Andrew Haldane laid out the case on Wednesday for a second revolution in how the Bank of England interacts and communicates with the British public.

19 Sep
FCA ends probe into fair treatment of life insurance

The Financial Conduct Authority has closed its remaining investigations into firms over the fair treatment of longstanding customers in the life insurance sector, sending shares in Prudential and Quilter higher.

19 Sep
supermarket checkout tills inflation prices retail lidl
UK inflation jumps to six month high, boosting pound

UK inflation jumped unexpectedly last month, according to official data released on Wednesday, triggering a jump in the pound to an eight-week high against the dollar.

19 Sep
london cloudy
London house prices fall at fastest rate since 2009

London house prices have fallen by the most in almost a decade, official figures showed, at odds with the slow-and-steady growth in overall UK house prices.

19 Sep
Michel Barnier says October will be 'moment of truth' for Brexit

Michel Barnier, the European Union's chief Brexit negotiator, said the bloc is “ready to improve” its offer to the UK on the Irish border issue and that October would be the “moment of truth” for negotiations.

18 Sep
Casino apostar juego
Treasury to lose over £100m a year over betting machine delays

The Treasury could lose over £100m for every year it postpones slashing the highest-permitted stake on fixed-odds betting terminals, a report from the Centre for Economic and Business Research has found.

18 Sep
EU citizens should not get special immigration treatment post-Brexit, report says

EU immigrants should not receive preferential treatment after Brexit, according a report published by the government’s migration advisory committee on Tuesday.

18 Sep
china usa
Trump imposes fresh batch of tariffs on $200bn Chinese imports

US President Donald Trump has confirmed he will impose new 10% tariffs on Chinese imports worth $200bn from next Monday, 24 September.

17 Sep
ep recursojaguar land rover 20180523183701
Over 3000 Jaguar Land Rover staff put on three-day week

Car maker Jaguar Land Rover announced on Monday it would fight job cuts by moving 3,000 staff to a three-day week until Christmas at the Castle Bromwich plant in the West Midlands.

17 Sep
empire state
Empire State manufacturing index drops in September

Business conditions in the New York region deteriorated in September, according to a survey from the New York Fed.

17 Sep
city of london skyline
IMF and BCC warn of economic consequences of Brexit uncertainty

There were two chilling warnings for the government on Monday as the International Monetary Fund warned that a 'no-deal' Brexit would be likely to lead to a recession for the UK economy, while the British Chambers of Commerce warned of further slower growth for this year and next.

17 Sep
theresa may article 50
EU ready to agree to 'frictionless border deal' - report

The European Union is preparing to accept a Brexit deal involving a frictionless Irish border, according to a report on Monday, though UK Prime Minister Theresa May is not convinced.

17 Sep
houses london housing
UK house prices bounce back in September - Rightmove

UK house prices bounced back in September, according to the latest data from Rightmove.