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News And Announcements
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Cross-party Brexit talks focusing on customs arrangements

Cross-party Brexit talks between the Labour and Conservative parties on Wednesday will focus on financial services, according to the government's chief negotiator David Lidington.

Sturgeon aims for Scottish independence referendum by 2021

Scottish First Minister Nicola Sturgeon on Wednesday said she will seek a Scottish independence referendum before 2021 if the UK pushes forward with Brexit.

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Chancellor starts search for new Bank of England governor

The UK has started its search for Mark Carney’s replacement as Governor of the Bank of England.

Around 2m people will lose £1,000 each year under Universal Credit reforms

Almost 2m people will lose over £1,000 a year following the switch to universal credit revealed the latest report from the Institute for Fiscal Studies.

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UK government borrowing falls to 17-year low

UK government borrowing has fallen to its lowest level since 2002, official estimates published on Wednesday showed.

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German business sentiment unexpectedly deteriorates in April - Ifo

German business sentiment unexpectedly deteriorated in April, according to a widely-followed survey released on Wednesday.

23 Apr
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Govt to resume Brexit talks with Labour as Tories look to topple May

The government and opposition Labour Party were set to resume Brexit talks on Tuesday as MPs returned from the Easter break.

23 Apr
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US new home sales unexpectedly rise in March

Sales of new US single-family homes unexpectedly rose in March, according to data released by the Commerce Department.

23 Apr
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German renewables investor sets sights on LSE for market listing

German investor Aquila is considering the London Stock Exchange as a potential venue for a market listing of its renewable energy fund within the next two months.

23 Apr
Earnings rise at fastest rate for a decade, boosting household finances - survey

UK households are becoming more confident about their finances, a survey showed today, buoyed by the fastest rise in earnings for a decade.

23 Apr
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Brits flock to high street as Easter sun draws crowds

Footfall at UK retail destinations climbed over the Easter weekend as record-breaking temperatures saw Brits flock back to the high street.

22 Apr
Around 1.2m Britons blocked from opening bank account cough up extra £485 a year

Number of unbanked people falls to 1. 2m in 2018 but they have to pay up extra £485 extra each year in “banking poverty premium” for bills and basic services, said the latest report from Pockit.

22 Apr
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Over 900 UK pubs shut down in 2018

Almost 1,000 pubs closed down in the UK in 2018 as the industry was affected by the rising cost pressures and business rate increases.

22 Apr
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Police clear Waterloo Bridge as 1,000 Extinct Rebellion protesters arrested

Police have cleared the remaining Extinction Rebellion activists from Waterloo Bridge in London as the number of arrests rose to almost 1,000 protesters.

18 Apr
'Shake up' but don't break up Big Four auditors, says CMA

The 'big four' auditing firms should be shaken up but not necessarily broken up to improve competition, with new regulatory powers introduced to improve accountability, UK competition authorities have recommended.

18 Apr
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US initial jobless claims drop to near 50-year low

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

18 Apr
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Mild weather boosts retail sales as shoppers brush aside Brexit woes

UK retail sales unexpectedly rose in March, boosted by mild weather and despite the looming Brexit deadline, according to data released by the Office for National Statistics on Thursday.

17 Apr
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Mark Carney warns global banks of looming losses from climate change

Mark Carney told the financial sector not to ignore climate change, warning of the losses that it might trigger, including from lenders' stakes in polluting firms.

17 Apr
Mastercard could be forced to pay £300 to almost every UK adult

Mastercard could be forced to pay out £300 to almost every UK adult if a £14bn class action lawsuit against the company prospers.

17 Apr
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UK inflation holds steady at 1.9% in March

UK inflation unexpectedly held steady in March, according to data released on Wednesday by the Office for National Statistics, easing pressure on the Bank of England to hike interest rates.