Economic news and events


Oil and gas industries reject call for windfall tax in UK

UK oil and gas producers have pushed against a windfall tax on their profits in light of rising prices.

Prime Minister Boris Johnson has come...

Fri, 20/05/2022 - 12:50


TOP NEWS SUMMARY: China cuts key interest rate to support economy

The following is a summary of top news stories Friday.

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COMPANIES

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BHP said its shareholders will receive an in specie dividend in the...

Fri, 20/05/2022 - 10:57


Bank of England's chief economist shows support for further rate rises

Interest rates might need to rise further in the future as the economy is hit by high levels of inflation, the Bank of England's chief...

Fri, 20/05/2022 - 10:27


LONDON BRIEFING: Next Fifteen steps into M&C Saatchi takeover battle

Digital marketing services firm Next Fifteen Communications on Friday muscled into the tussle over advertising agency M&C Saatchi by making a £310.1 million cash-and-shares offer....

Fri, 20/05/2022 - 08:24


TOP NEWS: UK retail sales rebound but outlook for consumers ‘gloomy’

(Alliance News) - UK retail sales fared better-than-hoped in April against a backdrop of weakening consumer confidence, data showed on Friday.

Retail sales volumes rose 1.4%...

Fri, 20/05/2022 - 07:49


US threatens to block UK trade deal over Northern Ireland

The US Congress will not support a free trade agreement with the UK if the government persists with ‘deeply concerning’ plans to ‘unilaterally discard’ the...

Fri, 20/05/2022 - 06:03


Closure of power stations by 2028 to hit UK energy generation

The UK government is being urged to check the possibility of extending the lives of power stations after MPs warned the closure of seven sites...

Fri, 20/05/2022 - 05:59


UK PM Johnson faces no further action in 'partygate' police probe

Police have told UK Prime Minister Boris Johnson he faces no further action over lockdown breaches, Downing Street said, after the Metropolitan Police concluded its...

Thu, 19/05/2022 - 13:46


UPDATE: Sainsbury's urges UK chancellor to launch online sales tax

Bosses at J Sainsbury PLC have urged the government to launch an online sales tax after rival Marks & Spencer Group PLC warned that such...

Thu, 19/05/2022 - 12:26


TOP NEWS SUMMARY: Target and Walmart ring inflation alarm bell

The following is a summary of top news stories Thursday.

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COMPANIES

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UK-based home repairs and improvements company HomeServe has agreed to be taken...

Thu, 19/05/2022 - 10:52


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