Economic News
UK calls for regulating 'wild west' cryptocurrencies
UK lawmakers on the Treasury select committee have called for regulation of cryptocurrencies which they consider to be "wild west" assets that expose investors to risks.
US current account deficit narrows to 2.0% of GDP in Q2
America's current account deficit with the rest of the world narrowed more quickly than expected during the second quarter.
US housing starts jump in August, but permits decline
Homebuilding in the States picked-up substantially last month, but a key forward-looking indicator fell short of analysts' forecasts.
BoE's Haldane calls for second revolution in central bank's communications
Bank chief economist Andrew Haldane laid out the case on Wednesday for a second revolution in how the Bank of England interacts and communicates with the British public.
Canada's Trudeau faces domestic pressure to yield in Nafta negotiations
Canadian Prime Minister Justin Trudeau is under increasing pressure to agree to a compromise on Nafta with the Trump administration, according to reports.
FCA ends probe into fair treatment of life insurance
The Financial Conduct Authority has closed its remaining investigations into firms over the fair treatment of longstanding customers in the life insurance sector, sending shares in Prudential and Quilter higher.
UK inflation jumps to six month high, boosting pound
UK inflation jumped unexpectedly last month, according to official data released on Wednesday, triggering a jump in the pound to an eight-week high against the dollar.
London house prices fall at fastest rate since 2009
London house prices have fallen by the most in almost a decade, official figures showed, at odds with the slow-and-steady growth in overall UK house prices.
Michel Barnier says October will be 'moment of truth' for Brexit
Michel Barnier, the European Union's chief Brexit negotiator, said the bloc is “ready to improve” its offer to the UK on the Irish border issue and that October would be the “moment of truth” for negotiations.