Economic news and events

UK Chancellor Rishi Sunak cleared of ethics breach over family tax

The UK government's ethics advisor said on Wednesday he had cleared embattled finance minister Rishi Sunak of breaching ministerial codes after investigating his family's tax...

Wed, 27/04/2022 - 17:26

Kellogg's launches legal challenge against UK government food rules

Kellogg Co's is mounting a legal challenge against new UK government rules that would stop some of the company's cereals being prominently displayed in food...

Wed, 27/04/2022 - 11:29

TOP NEWS SUMMARY: Microsoft shares up, Alphabet down after results

The following is a summary of top news stories Wednesday.

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COMPANIES

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Microsoft reported a strong third-quarter performance through continued robust demand for its...

Wed, 27/04/2022 - 10:50

LONDON BRIEFING: Lloyds raises guidance despite ‘uncertain’ UK economy

Lloyds Banking on Wednesday reported a dip in first quarter profit and noted that the outlook for the UK economy ‘remains uncertain’, but the lender...

Wed, 27/04/2022 - 08:20

TOP NEWS SUMMARY: Musk champions free speech as takes Twitter private

The following is a summary of top news stories Tuesday.

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COMPANIES

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Elon Musk, the world's richest man, struck a deal on Monday to...

Tue, 26/04/2022 - 11:02

Imports from EU see relative 25% fall after Brexit trade agreement

The first year of the UK's post-Brexit trade agreement with the EU saw a ‘major shock’ with imports falling by 25% relative to those from...

Tue, 26/04/2022 - 10:08

TOP NEWS: UK grocery sales in first two-year fall since Covid - Kantar

UK grocery sales have fallen year-on-year in recent weeks and notably declined on a two-year basis for the first time since the pandemic began, figures...

Tue, 26/04/2022 - 09:13

LONDON BRIEFING: AB Foods says Primark will need to raise prices

Associated British Foods on Tuesday said interim earnings have returned to pre-virus levels, but the company warned that its Primark discount fashion stores will need...

Tue, 26/04/2022 - 08:08

TOP NEWS: UK annual public borrowing halves but tops forecast

UK public sector borrowing for the financial year ended March came in markedly lower than a year earlier, figures from the Office for National Statistics...

Tue, 26/04/2022 - 07:54

UK cuts all tariffs on Ukraine, bans more exports to Russia

The UK said it has dropped tariffs on all goods from Ukraine while slapping a ban on some technology exports to Moscow to help Kyiv...

Tue, 26/04/2022 - 06:25

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