Economic news and events

Hunt backs Sunak after elimination from UK Tory leadership race

Jeremy Hunt has thrown his weight behind Rishi Sunak after being knocked out of the race to succeed UK Prime Minister Boris Johnson in the...

Thu, 14/07/2022 - 08:31

LONDON BRIEFING: SSP helped by longer ‘dwell times’ amid travel chaos

There appears to have been at least one winner from the UK's summer of travel misery, food kiosk operator SSP.

The Upper Crust and Millie's...

Thu, 14/07/2022 - 08:18

Fresh UK strike date set by rail union in pay and conditions dispute

Rail workers in the UK are to stage a fresh strike in the bitter dispute over pay, jobs and conditions, threatening travel chaos at the...

Wed, 13/07/2022 - 17:41

Nadhim Zahawi and Jeremy Hunt dumped from Tory leadership contest

Chancellor Nadhim Zahawi and former Cabinet minister Jeremy Hunt have been eliminated from the race to succeed Boris Johnson as Conservative leader after the first...

Wed, 13/07/2022 - 17:21

TOP NEWS SUMMARY: Brent oil dips below $100 on recession fear

The following is a summary of top news stories Wednesday.

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COMPANIES

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Twitter sued Elon Musk for breaching the $44 billion contract he signed...

Wed, 13/07/2022 - 10:44

UPDATE: UK May trade deficit narrows slightly; industrial output rises

The UK economy defied expectations and grew 0.5% monthly in May, while industrial production strengthened and the nation's trade deficit narrowed, official figures showed on...

Wed, 13/07/2022 - 08:34

LONDON BRIEFING: UK economy surprises with half percent of growth

The UK economy defied expectations and grew 0.5% monthly in May, while industrial production strengthened and the nation's trade deficit narrowed, official figures showed on...

Wed, 13/07/2022 - 08:27

TOP NEWS: UK economy surprises with 0.5% monthly improvement in May

The UK economy defied expectations and strengthened in May, figures on Wednesday showed, following a contraction in April.

According to the Office for National Statistics,...

Wed, 13/07/2022 - 07:17

UK leader hopefuls should avoid ‘doomed to fail’ tax cuts - CBI

UK Conservative leader contenders should focus on long-term growth policies and not tax cuts that are ‘doomed to fail’, the CBI business group has warned....

Wed, 13/07/2022 - 05:59

Common sense Thatcherism needed for UK economy, says PM hopeful Sunak

Rishi Sunak, seen as one of the leading candidates to replace Boris Johnson, has said that he would run the UK economy like Margaret Thatcher....

Wed, 13/07/2022 - 05:55

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