Economic news and events

UK Prime Minister Boris Johnson faced a backlash from local Tory leaders as his party lost a flagship London authority to Labour and suffered setbacks...

April saw another encouraging improvement to UK shopper footfall as the spring sunshine and Easter festivities brought consumers back to stores.

Total UK footfall was...

Polls have closed following elections across the UK, with party leaders facing a nervous wait to see how they have fared.

Council seats are up...

The number of US workers filing for first time unemployment benefits rose to its highest level since mid-February, figures from the Department of Labor showed...

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%...

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...

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...

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...

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...

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...