Economic news and events


UK car output down in April as semi-conductors still in short supply

The global shortage of semi-conductors and the impact of the war in Ukraine led to a ‘volatile’ April for the UK car industry, with production...

Thu, 26/05/2022 - 06:33


UK Chancellor to announce windfall tax and possible energy bill grant

UK Chancellor Rishi Sunak is expected to cave in to pressure to impose a windfall tax on the soaring profits of oil and gas firms...

Thu, 26/05/2022 - 06:18


TOP NEWS: UK PM Johnson defies calls to quit after Gray report

UK Prime Minister Boris Johnson has said he ‘overwhelmingly’ believes he should remain in office despite public anger at the ‘bitter and painful’ conclusions of...

Thu, 26/05/2022 - 06:13


UPDATE: Gray report condemns failings at heart of UK PM's government

An official inquiry into the partygate scandal has said the ‘senior leadership’ in Boris Johnson's UK government must ‘bear responsibility’ for the culture which led...

Wed, 25/05/2022 - 11:48


TOP NEWS SUMMARY: Prudential hires CEO; Pfizer makes Davos drug pledge

The following is a summary of top news stories Wednesday.

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COMPANIES

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Prudential has hired Manulife Financial Corp executive Anil Wadhwani as its new...

Wed, 25/05/2022 - 11:06


LONDON BRIEFING: M&S warns on cost hit to profit but is well placed

Marks & Spencer on Wednesday reported a swing to profit for the year ended April 2, but the clothing, homewares and food retailer cautioned on...

Wed, 25/05/2022 - 08:28


UK government to unveil new plan to help cost-of-living crisis

A new UK government plan to help people during the cost-of-living crisis is reportedly due to be unveiled the day after Sue Gray's report is...

Wed, 25/05/2022 - 06:15


UK Prime Minister prepares for Sue Gray report to be published

The UK's No 10 is bracing for the publication of Sue Gray's full report into Downing Street parties in Whitehall during the coronavirus lockdown.

The...

Wed, 25/05/2022 - 06:13


UPDATE: UK PM focuses on inflation amid lockdown photo questions

Cabinet ministers faced questions about UK Prime Minister Boris Johnson's behaviour during lockdown before their meeting in Downing Street to discuss the ‘inflationary pressures’ facing...

Tue, 24/05/2022 - 11:56


TOP NEWS SUMMARY: UK private sector growth stalls but Germany stable

The following is a summary of top news stories Tuesday.

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COMPANIES

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Barclays said it will kick off a £1.00 billion share buyback programme...

Tue, 24/05/2022 - 11:02


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