Economic news and events


UK blocks Chinese takeover of UK electronics group

The UK government has blocked Hong Kong-based firm Super Orange from purchasing British electronic-design company Pulsic, citing security risks posed by China.

A statement Wednesday...

Thu, 18/08/2022 - 13:38


UK rail workers strike again as sky-high inflation intensifies crisis

Railway staff in Britain on Thursday staged the latest in a series of strikes, once again disrupting commuters and leisure travellers, as decades-high inflation hits...

Thu, 18/08/2022 - 13:26


TOP NEWS SUMMARY: Eurozone inflation confirmed at record 8.9% in July

The following is a summary of top news stories Thursday.

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COMPANIES

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SMC said it has ceased all imports and exports within Russia and...

Thu, 18/08/2022 - 11:09


LONDON BRIEFING: AO World swings to annual loss ahead of ‘realignment’

Online electricals retailer AO World on Thursday revealed a swing to annual loss as it now looks to a year of ‘realignment for the business’....

Thu, 18/08/2022 - 08:11


TOP NEWS SUMMARY: UK inflation rate surges above 10% in July

The following is a summary of top news stories Wednesday.

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COMPANIES

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Hong Kong Exchanges & Clearing reported a drop in interim profit as...

Wed, 17/08/2022 - 10:59


Thames Water announces hosepipe ban for 15 million customers

Thames Water, which supplies 15 million people, will put a hosepipe ban in place next week.

Despite two days of rain and thunderstorms, the company...

Wed, 17/08/2022 - 09:50


TOP NEWS: Yearly UK house price growth slows markedly to 7.8% in June

UK house price growth slowed considerably in June, figures on Wednesday showed, lapping a tough comparative which was turbocharged by a rush to seal deals...

Wed, 17/08/2022 - 09:50


LONDON BRIEFING: UK inflation rate hits double-digits in July

The annual UK inflation rate accelerated more than expected in July, figures showed on Wednesday, with prices surging by double-digits.

The consumer price index surged...

Wed, 17/08/2022 - 08:14


TOP NEWS: UK yearly inflation rate surges past 10% in July

UK inflation accelerated at the fastest pace in 40 years in July, numbers on Wednesday showed, hitting double-digits and heaping more pressure on the Bank...

Wed, 17/08/2022 - 07:18


UPDATE: UK leadership hopeful Truss laments UK workers in leaked audio

UK Conservative MP Liz Truss, the favourite to become prime minister next month, suggested Britons lacked ‘skill and application’ and needed to work harder, in...

Tue, 16/08/2022 - 21:17


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