Economic News
Trump to announce $12bn aid plan for US farmers
The Trump administration is planning on rolling out $12bn of aid to US farmers that have been hurt as a result of the escalating trade war between the US and its major trading partners.
Government gives green light for fracking at Lancashire shale gas site
Despite protests by environmentalists and residents, Cuadrilla on Tuesday became the first operator in Britain to receive final government consent to frack an onshore horizontal exploration well.
UK manufacturing output accelerates but investment weakens - CBI
UK manufacturing output picked up the pace in recent months but investment intentions have deteriorated, the CBI found in its latest industrial trends survey released on Tuesday.
US manufacturing PMI ticks higher in July - IHS Markit
Activity in the US manufacturing sector picked up a little in July, according to data released on Tuesday.
Trump company to invest £150m in expansion of Scottish golf resort
Donald Trump’s real estate company plans to further invest £150m in his golf resort in northeast Scotland.
China announces fiscal stimulus as economy wobbles
China has announced a fiscal boost intended to inject life back into the slowing economy and counteract jitters created by heated rhetoric on trade relations with the US.
Government gets power to block takeovers of UK companies
The government will be given more powers to block overseas takeovers that could pose a threat to national security across all sectors of the British economy.