Economic news and events


City of London Corp joins exodus from UK business lobby CBI

The City of London Corpor on Tuesday said it was suspending its membership of the Confederation of British Industry, the UK’s leading business lobby, which...

Tue, 25/04/2023 - 20:22


Pandemic-era QE not to blame for rampant inflation - BoE’s Broadbent

A Bank of England policymaker on Tuesday moved to defend Threadneedle Street’s policy decisions during the pandemic era, which have come under criticism as inflationary...

Tue, 25/04/2023 - 14:34


TOP NEWS: US President Joe Biden announces 2024 re-election bid

US President Joe Biden announced Tuesday he is running for re-election in 2024, plunging at the record age of 80 into a ferocious new White...

Tue, 25/04/2023 - 11:24


TOP NEWS: UK grocery price inflation cools but remains double-digits

UK grocery price inflation remained in double-digits for the tenth month in a row in April, according to figures from Kantar on Tuesday.

UK grocery prices...

Tue, 25/04/2023 - 09:30


TOP NEWS: UK public sector borrowing hits £21 billion in March

UK public sector net borrowing totalled £20.71 billion in March, data on Tuesday revealed.

Public sector net borrowing, excluding public sector banks, totalled £21.5 billion, £16.3...

Tue, 25/04/2023 - 07:52


Burberry chair hits out at UK PM’s post-Brexit VAT rule ‘own goal’

Rishi Sunak was challenged by the chair of Burberry Group PLC over the ‘spectacular own goal’ of a post-Brexit VAT change as the UK prime...

Mon, 24/04/2023 - 17:23


UK cost-of-living payment rollout under way

More than eight million households across the UK will start receiving a £301 cost-of-living support payment from the UK government from Tuesday.

It is the first...

Mon, 24/04/2023 - 07:49


UK PM to kick off business conference focused on UK’s economic growth

The prime minister is to kick off a conference that will look to increase opportunities for the private sector to boost economic growth.

The Business Connect...

Mon, 24/04/2023 - 05:50


UK house price growth cools but properties selling faster than in 2019

UK house price growth slowed in April, according to figures on Monday, though property portal Rightmove reported signs of ‘stability’ in the market.

The average...

Mon, 24/04/2023 - 05:00


London seeks to keep Europe fintech crown despite Brexit

From digital bank Revolut to money-transfer group Wise PLC and payments company Checkout, London is Europe’s fintech champion and intends on keeping its crown despite...

Fri, 21/04/2023 - 21:03


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