Economic News
US June jobs report fairly strong, despite dip in wages
Unemployment rose unexpectedly in June, but only because more Americans were tempted to come out and look for a job, a positive sign perhaps for those hoping to see signs of a so-called 'supply-side' boost to the economy from the White House's tax cuts.
Barnier 'ready to adapt' Brexit offer if Theresa May switches up her red lines
Brussels' has indicated its willingness to switch up its Brexit position if Theresa May was prepared to soften her negotiating red lines.
Over 22,000 minimum wage workers to receive back-pay
Close to 240 UK firms including the Odeon cinema chain, retailer Card Factory and 10 sports clubs have been named and shamed on Friday after they underpaid a record number of 22,400 minimum wage employees.
Iran seeks more from world leaders to save nuclear deal
Iran warned European foreign ministers gathering in Vienna that it would not be enough to counteract US sanctions to save the 2015 nuclear deal.
US, China fire first salvoes in trade war
The US - China trade war began in earnest on Friday as the US imposed tariffs on £34bn of Chinese goods with Beijing retaliating in similar fashion.
UK high street sales fall for fifth consecutive month - BDO
UK high street sales fell again in June to mark the fifth consecutive month of in-store declines as retailers axe job losses and close stores, according to research published on Friday.
Candidate shortages lead to deceleration in new hires in June, says REC
Employers across the UK hired permanent staff in June at the slowest pace in eight months as the number of available workers dropped, causing the labour market to slow, according to a new report from the Recruitment and Employment Confederation.
Annual house price growth remains flat in June, Halifax says
House prices in the three months to June were 1. 8% higher than the same period a year earlier, according to the latest reading on Halifax's House Price Index, just a touch lower than the 1. 9% annual growth rate seen in May.