Economic news and events


TOP NEWS SUMMARY: China's private sector hurt as Covid lockdowns back

The following is a summary of top news stories Monday.

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COMPANIES

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Air France and Airbus will go on trial on Monday on charges...

Mon, 10/10/2022 - 11:08


UK chancellor U-turns to agree to Halloween release of OBR forecasts

UK Chancellor Kwasi Kwarteng has bowed to pressure to bring forward the publication of his financial strategy and independent economic forecasts - to Halloween.

Completing...

Mon, 10/10/2022 - 10:56


TOP NEWS: Bank of England doubles size of gilt purchase scheme

The Bank of England on Monday said it has doubled the size of a temporary bond-buying programme, which it kicked off following market turmoil after...

Mon, 10/10/2022 - 08:58


Independent Scotland would create partners of equals in UK - Sturgeon

Scottish independence will create a partnership of equals in the UK, Nicola Sturgeon is expected to tell delegates at the SNP conference in Aberdeen.

Scottish...

Mon, 10/10/2022 - 08:02


UK PM Truss appoints Sunak ally to cabinet in bid to restore unity

UK Prime Minister Liz Truss has sent a signal of her intent to bridge the divides blighting the Tory party as she prepares to make...

Mon, 10/10/2022 - 05:53


UK needs rate hikes, whatever the cost, says BoE policymaker

The Bank of England, faced with runaway inflation, must keep hiking interest rates regardless of the impact on the economy and the cost-of-living crisis, a...

Fri, 07/10/2022 - 20:02


FirstGroup's Avanti given short-term contract renewal by UK government

Avanti West Coast has been placed on a short-term contract renewal by the UK government after it provided an ‘unacceptable’ service to rail users.

London-listed...

Fri, 07/10/2022 - 12:01


TOP NEWS SUMMARY: Equities choppy ahead of US jobs report

The following is a summary of top news stories Friday.

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COMPANIES

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JD Wetherspoon reported higher annual revenue and a rise in like-for-like sales...

Fri, 07/10/2022 - 11:32


September records slowest UK retail sales growth since post-Covid

September recorded the slowest retail sales growth since shops reopened post-Covid due to a combination of inflation, economic crisis and an unexpected bank holiday, figures...

Fri, 07/10/2022 - 06:19


UK and Ireland to work closely in bid to resolve NI Protocol impasse

The UK and Ireland have insisted they will work closely to try and resolve the impasse over the Northern Ireland Protocol.

Foreign Secretary James Cleverly...

Fri, 07/10/2022 - 06:18


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