Economic news and events


UK set for recession amid spiralling cost-of-living crisis, says Niesr

Around 1.5 million UK households will struggle to pay food and energy bills amid a deepening cost-of-living crisis that will plunge Britain into a recession,...

Wed, 11/05/2022 - 11:57


Giving UK public greater say will build support for new homes - Gove

UK Housing Secretary Michael Gove has said giving the public a greater say in the planning process will build support for new housing developments amid...

Wed, 11/05/2022 - 10:56


TOP NEWS SUMMARY: Inflation rises in China amid zero-Covid policy

The following is a summary of top news stories Wednesday.

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COMPANIES

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Philip Morris International said it has made a $16.0 billion offer for...

Wed, 11/05/2022 - 10:48


UK ‘will not shy away’ from taking action on Northern Ireland protocol

UK Foreign Secretary Liz Truss has said the UK ‘will not shy away’ from taking action on the Northern Ireland protocol after Prime Minister Boris...

Wed, 11/05/2022 - 08:41


LONDON BRIEFING: High inflation in China, Germany; US report next

Consumer price inflation in Germany ticked to a new record high in April, as expected, data from the Federal Statistical Office showed on Wednesday.

The...

Wed, 11/05/2022 - 08:26


Boris Johnson to visit Sweden, Finland as they consider joining NATO

The UK prime minister is set to visit allies Sweden and Finland to discuss the ongoing conflict in Ukraine.

Boris Johnson is scheduled to meet...

Tue, 10/05/2022 - 21:57


UPDATE: No Northern Ireland move; UK in Brexit bill to cut red tape

The UK government has resisted calls to legislate to ‘tear up’ the Northern Ireland Protocol – but insists the controversial deal ‘needs to change’.

Instead,...

Tue, 10/05/2022 - 12:31


Reduced VAT rate in Ireland for hospitality set to be extended

The lower VAT rate for the Irish hospitality sector ‘will be brought back up’ but in a way that ‘doesn't adversely hit the industry’, Minister...

Tue, 10/05/2022 - 12:11


TOP NEWS SUMMARY: Sony and Nintendo report lower annual profit

The following is a summary of top news stories Tuesday.

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COMPANIES

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Sony reported a fall in annual profit, even as revenue rose on...

Tue, 10/05/2022 - 10:43


Prince Charles to read Queen's Speech for first time on Tuesday

The Queen's Speech will contain new measures to ‘dynamise’ the UK to ensure people can pay the bills, a UK government minister has said.

But...

Tue, 10/05/2022 - 09:56


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