Economic news and events

UPDATE: UK leadership hopeful Truss laments UK workers in leaked audio

UK Conservative MP Liz Truss, the favourite to become prime minister next month, suggested Britons lacked ‘skill and application’ and needed to work harder, in...

Tue, 16/08/2022 - 21:17

Liz Truss rejects ‘sticking plaster’ to combat cost of living crisis

Liz Truss has rejected ‘sticking plaster’ approaches to tackle the cost-of-living crisis, as she appeared to dismiss Labour's £29 billion plan to target soaring energy...

Tue, 16/08/2022 - 20:12

TOP NEWS SUMMARY: UK real pay falls at record pace as inflation soars

The following is a summary of top news stories Tuesday.




BHP Group reported it nearly tripled its annual profit as a result...

Tue, 16/08/2022 - 11:22

‘Next generation’ Covid booster to be offered to UK over-50s in autumn

Adults over 50 and clinically vulnerable people will be offered the first Covid-19 jab to target two strains of the virus, as part of the...

Tue, 16/08/2022 - 09:20

TOP NEWS: UK grocery price inflation hits highest level since 2008

UK grocery price inflation reached its highest level in nearly 15 years, according to figures from data analytics firm Kantar.

Grocery price inflation reached...

Tue, 16/08/2022 - 09:03

LONDON BRIEFING: UK real wages drop at fastest rate on record

The UK unemployment rate was steady in June, figures on Tuesday showed, but while wages grew faster than expected, real pay has dropped at the...

Tue, 16/08/2022 - 08:13

TOP NEWS: UK jobless rate unchanged, wage growth well below inflation

The UK unemployment rate was steady in June, while wage growth figures came in slightly ahead of expectations, but continued to lag red-hot inflation, figures...

Tue, 16/08/2022 - 07:11

UK PM available for urgent decisions while on holiday - Downing Street

Downing Street has insisted that UK Prime Minister Boris Johnson will be kept informed of any ‘urgent issues’ while on holiday this week.

Johnson, who...

Mon, 15/08/2022 - 14:26

TOP NEWS SUMMARY: China industrial output and retail sales disappoint

The following is a summary of top news stories Monday.




Rio Tinto on Monday reiterated its proposal to acquire full-ownership of Turquoise...

Mon, 15/08/2022 - 11:14

Labour's Starmer pledges UK fuel bill freeze by extending windfall tax

Keir Starmer has set out a ‘very strong, robust, costed plan’ to stop energy bills rising over the winter – paid for in part by...

Mon, 15/08/2022 - 10:11