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News And Announcements
15:22
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Heathrow unveils expansion plans

Heathrow Airport unveiled its plans to construct a third runway by 2026 and complete its expansion by 2050 on Tuesday.

15:22
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US housing starts drop in May; April's figure revised up

US housing starts fell in May but came in better than expected due to an upward revision to the previous month's figure, according to data released by the Commerce Department on Tuesday.

13:05
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EU car registrations edge up in May after eight consecutive months of declines

The European Union's passenger car market recorded a modest increase (+0. 1%) in May, but only after eight consecutive months of declines, the latest report from the European Automobile Manufacturers Association revealed.

11:58
NHS
NHS requires extra £8bn in funding or risks long-term plan failing

The UK government needs to spend an extra £8bn on the NHS to keep it afloat or risk the service’s long-term plan failing, revealed new analysis from the Health Foundation.

11:25
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Pressure mounts on ECB as inflation cools in eurozone

Annual inflation in the eurozone eased to its weakest rate for a year in May, putting further pressure on the European Central Bank to take action.

10:49
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German investor sentiment deteriorates in June

Investor sentiment in Germany deteriorated much more than expected in June, dragged down by weak economic data and the ongoing Sino-US trade spat, according to the latest survey from the ZEW Center for European Economic Research in Mannheim.

17 Jun
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New York Fed manufacturing survey plummets to near three-year low

The Empire State Manufacturing Index has tumbled into negative territory after recording the largest monthly decline on record.

17 Jun
property, housing, real estate, house prices
UK property demand may be 'breaking through', says report

House prices in England and Wales returned to annual growth with a 0. 3% rise in May as foreign buyers returned to the property market and demand may be beginning to break through, according to a report released on Monday.

17 Jun
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Labour costs rise across the eurozone

Eurozone labour costs increased in the first quarter, as wage growth picked up across the bloc, official data showed on Monday.

17 Jun
Money pounds sterling
'Messy and disorderly Brexit remains main downside risk' to UK- BCC

The British Chambers of Commerce revised its medium-term growth forecasts for the UK lower, trimming its forecast for the rate of growth in GDP in 2020 to 1. 0%, from 1. 3%, and to 1. 2%, from 1. 4%, in 2021, blaming Brexit stockpiling for the downgrades in its latest economic forecasts released on Monday.

17 Jun
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Households increasingly upbeat about long-term financial wellbeing - survey

British households have become more confident about their longer-term financial health, despite ongoing concerns about their current position.

14 Jun
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UK businesses should speed up no-deal Brexit preparations - IoD warns

UK businesses cannot afford to put their faith in politicians to produce a Brexit resolution so they should ramp up their preparations for a no-deal Brexit, warned the Institute of Directors on Friday.

14 Jun
london metal exchange
London Metal Exchange bans booze in working hours

The London Metal Exchange has banned traders from drinking during working hours as the exchange tries to shed its reputation for boozy, sexist behaviour.

13 Jun
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Glasgow Prestwick Airport up for sale for the private sector

Glasgow Prestwick Airport will be put up for sale as the Scottish Government looks to return the facility to the private sector.

13 Jun
PWC company
PwC fined £4.5m over 2016 Redcentric audits

Big Four accounting firm PricewaterhouseCoopers has been fined £4. 55m over its 2016 audit of IT management firm Redcentric, the Financial Reporting Council said on Thursday.

13 Jun
opec meeting
Opec cuts demand forecast as global tensions hit home

The Organization of Petroleum Exporting Countries warned on Thursday that the increasingly bitter trade war between America and China is undermining the global economy, as it revised down its estimates for oil demand in 2019.

13 Jun
City workers
US jobless claims unexpectedly tick higher

The number of Americans filing for unemployment benefits unexpectedly rose last week, according to figures from the Labor Department.

13 Jun
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Italy's Di Maio rules out fresh budget despite Brussels threat

Rome has ruled out passing another budget, despite facing formal sanction by Brussels for breaking European Union fiscal rules.

13 Jun
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Help to Buy lending to people already able to buy a home - NAO

Almost a third of all buyers who bought their home under Help to Buy could have purchased a property without government support, the National Audit Office has found.

13 Jun
Gulf of Oman oil tanker crews rescued after 'attack'

The US Navy's Bahrain-based Fifth Fleet said it was assisting two tankers in the Gulf of Oman after receiving distress calls from the vessels amid reports of an “attack".