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Economic News
07 Jul
PWC company
Financial services sector reports slide in business volumes - survey

Business volumes across the financial services sector have tumbled at the fastest rate on record, research published on Tuesday showed.

06 Jul
deloitte edificio portada
FRC tells 'Big Four' accountants to split accounting and auditing operations

Regulators have told the UK's 'Big Four' accounting firms that by June 2024 they must separate their accounting and auditing arms.

06 Jul
ep el primer ministro de reino unido boris johnson
Boris Johnson pledges £1.5bn to arts sector

UK Prime Minister Boris Johnson promised the arts sector £1. 57bn of help to survive the coronavirus crisis after theatres, music venues, museums and production companies where one of the worst hit by the effects of lockdown.

06 Jul
European Central Bank, ECB, euro, eurozone, single currency
Investor sentiment rises across Eurozone, but outlook remains uncertain

Investor sentiment has improved across the Eurozone in July for the third month in a row, research published on Monday showed.

06 Jul
boohoo prettylittlethings fashion clothing advertising
Liberum downgrades Boohoo, slashes price target

Liberum cut its rating on shares of Boohoo to ‘hold’ from ‘buy’ on Monday and slashed the price target to 350p from 500p following weekend press reports about alleged illegal practices at a supplier factory in Leicester.

06 Jul
la-france-va-autoriser-partiellement-huawei-pour-la-5g
Boris Johnson set to keep Huawei out of UK 5G

Boris Johnson said late on Sunday he now has “sound technical reasons” to keep Chinese firm Huawei out of the development of the UK’s 5G infrastructure.

06 Jul
cars dealership inchcape
New car registrations fall as UK sector reopens

The number of new car registrations fell by over a third in June, industry data showed on Monday, as the UK market tentatively restarted.

06 Jul
European Central Bank, euro, ECB, eurozone, single currency
Eurozone retail sales rise more than expected in May

Eurozone retail sales rose more than expected in May as coronavirus lockdowns across the bloc eased, according to figures released by Eurostat on Monday.

06 Jul
construction 20200507101115
UK construction sector sees sharp rebound as lockdown eases

The UK construction sector gathered pace in June, as lockdown restrictions eased and output surged, according to a closely-watched survey published on Monday.

06 Jul
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German factory orders rebound less than expected in May

German factory orders bounced back in May, albeit less than expected, according to figures released by Destatis on Monday.