Economic News
UK's Ofcom revokes licence of Chinese state broadcaster
UK regulator Ofcom revoked the licence of Chinese broadcaster CGTN after it concluded that the network was ultimately controlled by the Chinese Communist party.
BoE stands pat on rates, downgrades 2021 growth forecast
The Bank of England stood pat on policy on Thursday, as expected, as it said it was the right time to begin preparations for negative interest rates but signalled that such a move was not necessary.
Weekly US jobless claims dip
US jobless claims continued slipping lower over the previous week, hitting a nine-week low, albeit while remaining at exceedingly elevated levels.
UK launches trial combining different Covid vaccines
The UK has launched the first trial in the world that explores mixing different Covid-19 vaccines for the first and second jab.
CMA starts probe into Teletext over package holiday refunds
Britain's competition regulator has started a probe into Teletext Holidays after receiving hundreds of complaints from customers who had not received refunds for trips cancelled due to the coronavirus pandemic.
Eurozone retail sales vary wildly amid lockdowns
Eurozone retail sales rose in December but fell short of expectations as trading varied greatly between countries depending on the level of Covid-19 restrictions.
UK construction sector unexpectedly contracts in January
UK construction sector activity unexpectedly contracted in January as the third national lockdown took its toll, according to a survey released on Thursday.
UK new car registrations record worst start to the year in over half a century
Britain's new car market fell 39. 5% in January as 59,030 fewer registrations were made compared to the same month a year ago.