News And Announcements
The downturn in the UK services sector eased in June, according to figures released on Friday.
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.
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.
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.
The Chinese services sector grew at the fastest rate in more than a decade in June, according to data released on Friday.
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.
The government is set to scrap quarantine plans for travellers arriving from as many as 75 countries, it was reported on Thursday.
The British government should attempt to kickstart the economy and create jobs using green projects, said the International Monetary Fund’s chief economist.
Unemployment nudged higher across the Eurozone in May, official data showed on Thursday, although the increase was smaller than predicted.
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.
Oxford University's Covid-19 vaccine candidate has successfully induced the correct type of immune response in clinical trials.
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.
The UK manufacturing sector stabilised in June following a steep downturn sparked by the coronavirus pandemic, according to data released on Wednesday.
The downturn in the eurozone manufacturing sector continued to ease in June, according to a survey released on Wednesday.
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.
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.
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.
Prime Minister Boris Johnson has outlined what he dubbed "ambitious" plans to kick-start the UK’s recovery following the Covid-19 pandemic.
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.
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 .