Economic news and events


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


UK chancellor calls for business to invest and innovate more

UK Chancellor Rishi Sunak has called on businesses to ‘invest, train and innovate more’ to help boost productivity and improve the long-term prosperity of the...

Thu, 19/05/2022 - 09:32


PRESS: Marks & Spencer asks UK chancellor to reject online sales tax

Marks & Spencer Group PLC has reportedly warned the UK government that an online sales tax would do more harm than good for the high...

Thu, 19/05/2022 - 09:25


LONDON BRIEFING: HomeServe agrees to be bought for £4 billion

HomeServe on Thursday said it has agreed to be taken over by Brookfield Infrastructure Partners in a deal worth £4.08 billion.

Brookfield has offered 1,200...

Thu, 19/05/2022 - 08:27


UK to guarantee access to cash as banks shut branches

The UK government on Wednesday said it would legally guarantee access to cash as banks increasingly shut branches in the digital age.

‘Millions of people...

Thu, 19/05/2022 - 06:08


TOP NEWS SUMMARY: Consumer price inflation hits 9% in UK and 8% in EU

The following is a summary of top news stories Wednesday.

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COMPANIES

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Saudi Aramco is mulling floating its trading arm, as oil prices surge,...

Wed, 18/05/2022 - 10:57


Average UK house price rises 9.8% on year in March, slowing from 11%

The average UK house price jumped by £24,000 in the year to March, according to official figures released on Wednesday.

The typical property value was...

Wed, 18/05/2022 - 10:39


EU threatens to retaliate if UK overhauls Northern Ireland protocol

The EU has threatened to retaliate with ‘all measures at its disposal’ if the UK proceeds with controversial plans to rip up parts of the...

Wed, 18/05/2022 - 09:44


LONDON BRIEFING: UK consumer price inflation hits highest in 40 years

Consumer prices in the UK shot up in April, setting a record pace of inflation, official data showed on Wednesday, as pressure continues to mount...

Wed, 18/05/2022 - 08:23


TOP NEWS: UK consumer inflation hits record high 9.0% in April

Consumer prices in the UK shot up in April, hitting a record, official data showed on Wednesday, as pressure continues to mount on the Bank...

Wed, 18/05/2022 - 07:34


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