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News And Announcements
03 Jul
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Downturn in UK services sector eases in June

The downturn in the UK services sector eased in June, according to figures released on Friday.

03 Jul
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FCA extends car finance, high-cost repayment freeze

The Financial Conduct Authority said it had extended the freeze on car finance and high-cost credit repayments for customers still facing payment difficulties as a result of the Covid-19 pandemic.

03 Jul
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England quarantine dropped for top EU tourist destinations

Britons will be able to visit top EU tourist destinations such as Spain, Italy, France and Germany without having to quarantine for two weeks on their return, the government said on Friday.

03 Jul
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UK consumer confidence improves a little - GfK

UK consumer confidence is improving a little as more businesses prepare to reopen after the coronavirus lockdown but the mood remains fragile, according to a survey released on Friday.

03 Jul
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China services PMI hits 10-year high in June

The Chinese services sector grew at the fastest rate in more than a decade in June, according to data released on Friday.

02 Jul
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Brexit talks conclude early, EU says deal still possible

Trade talks between Westminster and Brussels ended a day earlier than expected this week with substantial differences between the two capitals remaining on many issues.

02 Jul
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UK travel restrictions on dozens of countries set to be relaxed - reports

The government is set to scrap quarantine plans for travellers arriving from as many as 75 countries, it was reported on Thursday.

02 Jul
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UK should kickstart economy with green projects, says IMF

The British government should attempt to kickstart the economy and create jobs using green projects, said the International Monetary Fund’s chief economist.

02 Jul
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Eurozone unemployment sees only mild rise in May

Unemployment nudged higher across the Eurozone in May, official data showed on Thursday, although the increase was smaller than predicted.

02 Jul
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US House moves to sanction Chinese banks over new HK security law

Lawmakers in the US moved a step closer to retaliating against Beijing's decision to change Hong Kong's security laws to clamp down on dissent.

02 Jul
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Oxford Covid-19 vaccine reportedly triggers 'correct' immune response

Oxford University's Covid-19 vaccine candidate has successfully induced the correct type of immune response in clinical trials.

01 Jul
UK banks escape probe into overdraft rises during Covid-19

UK banks were put on notice over overdraft pricing during the coronavirus crisis by the industry regulator on Wednesday, but escaped the threat of a full probe.

01 Jul
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UK manufacturing sector stabilises in June

The UK manufacturing sector stabilised in June following a steep downturn sparked by the coronavirus pandemic, according to data released on Wednesday.

01 Jul
Downturn in eurozone manufacturing sector eases in June

The downturn in the eurozone manufacturing sector continued to ease in June, according to a survey released on Wednesday.

01 Jul
German June unemployment rises less than expected

Germany reported a less-than-expected rise in June unemployment as the government’s short-time work scheme helped to offset the economic impact of the coronavirus pandemic.

01 Jul
UK house prices fall in June for first time since 2012 - Nationwide

UK house prices fell in June for the first time since 2012 as the coronavirus pandemic took its toll, according to a survey released by Nationwide on Wednesday.

30 Jun
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EU's Hogan fears higher transatlantic tariffs

The US and the EU are heading for a rocky period of trade relations that could lead to higher tariffs on goods flowing both ways, the European trade commissioner said.

30 Jun
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Boris Johnson pledges 'bold' approach to support UK economy post Covid-19

Prime Minister Boris Johnson has outlined what he dubbed "ambitious" plans to kick-start the UK’s recovery following the Covid-19 pandemic.

30 Jun
UK GDP suffers biggest fall in 40 years amid Covid-19 crisis

The UK economy recorded its largest contraction in more than four decades, official figures revealed on Tuesday, as consumers cut spending in the first few days of the coronavirus lockdown.

30 Jun
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China manufacturing PMI picks up in June

Manufacturing and services activity in China expanded in June as the economy continued to recover from the coronavirus fallout, according to figures released by the National Bureau of Statistics on Tuesday .