Economic news and events


UPDATE: Eight go forward into first round of Tory leadership race

Eight contenders will be on the ballot paper when Tory MPs begin voting on Wednesday to elect a successor to Boris Johnson, the chair of...

Tue, 12/07/2022 - 21:34


Sunak and Truss win split Cabinet backing, as Patel rules out bid for No 10

Rishi Sunak and Liz Truss have won the backing of influential Cabinet members in the race to succeed Boris Johnson, as Priti Patel ruled herself...

Tue, 12/07/2022 - 18:14


UPDATE: Sunak not prepared to 'demonise' UK PM in leadership bid

Rishi Sunak said he is not prepared to ‘demonise’ Boris Johnson and insisted the prime minister's controversial former aide Dominic Cummings has ‘absolutely nothing’ to...

Tue, 12/07/2022 - 14:02


TOP NEWS SUMMARY: Euro slides to parity with dollar and 20-year low

The following is a summary of top news stories Tuesday.

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COMPANIES

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Twitter said it is ‘committed’ to closing the takeover agreement ‘on the...

Tue, 12/07/2022 - 11:00


Irish government sure of winning confidence vote

The Irish government will face a confidence vote later Tuesday as main opposition party Sinn Fein presses to secure an early general election.

The administration...

Tue, 12/07/2022 - 08:41


LONDON BRIEFING: Sunak to promise to cut UK taxes once inflation tamed

Rishi Sunak is set on Tuesday to launch his bid to become UK prime minister with a pledge to cut taxes – but only once...

Tue, 12/07/2022 - 08:13


TOP NEWS: New UK prime minister to be announced on September 5

UK Conservative MPs will begin the process of voting for a new leader on Wednesday, with Boris Johnson's successor to be finally announced on September...

Mon, 11/07/2022 - 20:28


UK energy prices higher than last price cap estimate, Ofgem chief says

The chief executive of Ofgem has said the market price of energy is higher than it was at the time of the last price cap...

Mon, 11/07/2022 - 19:52


UPDATE: EU to slash growth forecast but signals no sign of recession

The European Commission on Monday said it will again cut its growth forecast for this year and hike its expectations for inflation, but it signalled...

Mon, 11/07/2022 - 15:24


TOP NEWS: EU to again slash growth forecast as high inflation persists

The European Commission on Monday said it will again cut its growth forecast for this year and hike its expectations for inflation, but it signalled...

Mon, 11/07/2022 - 14:55


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