Economic News
Jaguar Land Rover to move Discovery production from UK to Slovakia
Jaguar Land Rover is to move all production of its Discovery vehicle range from Solihull, England to Slovakia, to make way for the retooling of the factory to accommodate the assembly of electric vehicles, as well as gasoline and diesel versions.
Onshore wind farms could save consumers £1.6bn on energy bills
UK consumers could save up to £1. 6bn on their energy bills if the government backs the construction of more onshore wind farms.
Tuesday preview: Singapore summit, Brexit debate, updates from BATS, Bellway
Tuesday's UK jobs data is likely to be eclipsed by the Brexit debate in the House of Commons and the US-North Korea summit in Singapore, while investors may be more interested in trading updates from Bellway, Boohoo, British American Tobacco, Crest Nicholson and Halma.
US-Korea talks progressing 'more quickly than expected'
The White House has confirmed that discussions between the US and North Korea are progressing "more quickly than expected" ahead of Tuesday’s summit in Singapore.
Italian industrial production slips in April
Italian industrial output fell more sharply than expected in April, led by a drop in energy production.
Ofgem to look at licensing regime after Iresa fiasco
Ofgem outlined the scope of its review of its approach to licensing energy suppliers on Monday.
UK's lead in foreign investment challenged by Brexit and 'Macron effect'
Paris has overtaken London for the first time to become Europe’s second-most attractive destination for foreign investors.
UK government to intervene on M&A deals with national security concerns
New rules have come into force to allow the government to intervene in potential takeovers by overseas companies of UK business developing technology with national security applications.
UK economy growing at 'half of potential rate' - NIESR
UK economic output has improved only slightly so far in the second quarter, new forecasts from the National Institute of Economic and Social Research suggested on Monday.
UK industrial data unexpectedly worsens
UK industrial output in April declined in at the fastest rate in five and a half years, according to official data released on Monday, with the trade deficit also widening as exports fell by more than imports.
EU could block Facebook from reading users' private messages
Social media companies such as Facebook face further tough European Union privacy regulations that would block them from reading private messages sent between users.