Economic news and events


TOP NEWS: Bank of England lifts rates to highest level since 2009

The Bank of England on Thursday raised interest rates to its highest level since 2009 as the central bank warned inflation could accelerate to 10%...

Thu, 05/05/2022 - 12:27


TOP NEWS SUMMARY: US Fed chief says 75-point rate hikes not planned

The following is a summary of top news stories Thursday.

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COMPANIES

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Shell reported a substantial rise in first-quarter earnings due to the surging...

Thu, 05/05/2022 - 10:47


TOP NEWS: UK services sector activity slows as inflation fears mount

UK services sector activity slowed in April as strong inflationary pressures and the war in Ukraine limited the pace of expansion, S&P Global said on...

Thu, 05/05/2022 - 10:09


LONDON BRIEFING: Shell reports bumper profit despite Russia exit cost

Shell on Thursday reported a substantial rise in first-quarter earnings due to the surging price of oil, even as it joined energy peers in taking...

Thu, 05/05/2022 - 08:21


Ireland's private sector growth eases in April amid pricing pressure

Ireland's private sector growth ebbed in April but remained robust on a continued expansion in new business, even as inflation concerns and the war in...

Thu, 05/05/2022 - 06:00


UK heads to polls with historic Northern Ireland result predicted

Polls open across the UK on Thursday in local and regional elections that could prove historic in Northern Ireland and heap further pressure on embattled...

Thu, 05/05/2022 - 05:56


TOP NEWS SUMMARY: EU to ban imports of Russian oil by end of year

The following is a summary of top news stories Wednesday.

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COMPANIES

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Volkswagen almost doubled its profit in the first quarter, boosted by higher...

Wed, 04/05/2022 - 10:53


UK mortgage approvals edge slightly lower in March - BoE

UK mortgage approvals were fractionally lower in March, figures from the Bank of England showed on Wednesday.

Approvals for house purchases, an indicator of...

Wed, 04/05/2022 - 10:15


LONDON BRIEFING: JD Wetherspoon blames lockdowns for inflation crisis

JD Wetherspoon on Wednesday said sales improved steadily since the ending of all Covid restrictions, but the pub chain said virus woes have been replaced...

Wed, 04/05/2022 - 08:23


‘Bumpy road’ looms for consumers as UK shop prices rise again

UK shop price growth accelerated in April, figures on Wednesday showed, as the retail sector moved to weather increasing inflationary pressures.

According to figures...

Wed, 04/05/2022 - 05:01


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