Economic News
Covid-19 impact could limit cash access - FCA boss
The City regulator has warned many people could struggle to get access to cash after Covid-19 intensified pressures on banks' branches and ATM networks.
Libyan oil exports may be set to restart as warring factions agree deal
Libyan oil production and exports from the east of the country are set to restart following a conditional lifting of the blockade imposed by the Libyan National Army under the command of Khalifa Haftar.
UK plans to bring forward ban on fossil fuel vehicles to 2030
The UK government is expected to bring forward the ban on fossil fuel vehicles from 2040 to 2030 after MPs urged the Prime Minister to do so and thus aid the rollout of electric cars.
House prices rise as buyers seek more space - Rightmove
UK house prices saw the highest annual growth in September since 2016 as buyers sought larger properties following the Covid-19 lockdown, according to a survey by property website Rightmove.
UK advisers call for action to stem Covid-19
The UK is on track for more than 200 Covid-19 deaths a day by mid-November unless urgent action is taken to stem the spread of the disease, the government's scientific advisers said.
Firms opt to repay £215m furlough cash - HMRC
UK firms have returned more than £215m of cash claimed under the Coronavirus Job Retention Scheme, the government said on Monday.
US to impose sanctions on anyone involved in Iran's weapons programmes
The US government is set to impose sanctions on over two dozen people and entities involved in Iran’s nuclear, ballistic missile and arms programmes as early as Monday.