Economic News
Cullinan success drives record sales at Rolls-Royce
Rolls-Royce said on Tuesday that its car sales last year surged 25% to a record 5,152, driven by worldwide demand for its Cullinan SUV.
Tech giants urge EU not to hold them liable for illegal content online
Tech giants have asked Brussels not to hold them liable for the illegal content posted by users on their platforms and have pledged to boost efforts to remove the content and avoid harmful activity on their platforms.
UK and EU set to kick off negotiations for speedy trade deal
UK Prime Minister Boris Johnson was set to receive the President of the European Commission on Wednesday in London to begin negotiations for a post Brexit trade deal with the European Union.
UK renewables up 9% makes 2019 greenest year yet
The UK’s use of renewable energies was up 9. 0% in 2019, outpacing that of fossil fuel plants on 137 days, which made for the greenest year to date.
US services index rises more than expected in December - ISM
Activity in the US services sector improved more than expected in December, according to data released on Tuesday.
US trade deficit falls more sharply than expected in November
America's shortfall in trade with the rest of the world narrowed sharply in November on the back of a sharp drop in the country's purchases.
Eurozone inflation jumps as oil prices recover
Eurozone inflation rose in December, boosted primarily by higher energy costs, official data showed on Tuesday.
UK supermarket sales growth slows to four-year low over Christmas - Kantar
UK supermarket sales growth slowed to the lowest rate in four years over the Christmas period.
Crossrail project delayed until late 2021
London's £18bn Crossrail project will not open before autumn 2021 in the latest embarrassment for the train line's management.