Economic News
Local pubs under threat as closure rate bubbles up
Pubs and licensed premises closures doubled over the last three months, leading to concern that the traditional ‘local’ pub may soon become a thing of the past.
UK job confidence upbeat in England, weak in rest of UK
UK hiring confidence has hit its lowest levels since 2012 but is positive in England with confidence rising to its highest in 18 months, according to a new study by ManpowerGroup.
Police forces funding reduction causes 15% officer layoffs since 2010
UK police forces are in financial straits and need the Home Office to provide a clearer national picture of what services it requires, a study from the National Audit Office has found.
US small business optimism hits record high in August, NFIB says
Small businesses in America were in high spirits in August, according to the results of a closely-followed survey, with sentiment at its most buoyant in the report's 45-year history.
Carney agrees to extend stay at BoE until January 2020
Mark Carney has accepted H. M. Treasury's offer for him to remain at the helm of the Bank of England until January 2020, thus extending his stay for another six months.
Report says UK officials are "misreading" statements by Brussels
Some officials in Brussels are "complaining" about "over-spin" by Westminster, saying that the European Union's stance vis-a-vis the Prime Minister's Chequers Plan had not changed one iota.
Megadeals could see biggest M&A boom since financial crisis
The value of global mergers and acquisitions in the first half of the year was the highest level since before the financial crisis of 2007, with 2018 potentially on course for a record year.
German economic sentiment improves in September
German economic sentiment improved in September, according to the latest survey from the ZEW Center for European Economic Research in Mannheim.
Kim Jong Un asks Trump for second meeting
The US and North Korea are in talks to set up a second meeting between leaders Kim Jong Un and Donald Trump.
UK wage growth picks up despite slower employment growth
UK wage growth has strengthened to a three-year high but employment increased at a slower rate, official figures revealed on Tuesday, with economists seeing little chance of the Bank of England raising rates again soon.