News And Announcements
US existing home sales rise more than expected in May
Sales of US existing home sales rose more than expected in May, according to data from the National Association of Realtors.
Retail sales climb as online purchases drive growth, BDO says
Retail sales climbed by 6. 24% for the week ended 17 June as customers racked up a high number of online purchases in the run-up to Father's Day, according to the results of a closely-followed survey.
Former Barclays CEO John Varley acquitted of fraud charges
Former Barclays chief executive John Varley was acquitted by a London appeals court on Friday of charges of conspiracy to commit fraud by false representation.
Fossil fuels power less than half of UK electricity for the first time
Clean energy sources are set to overtake fossil fuels as the top UK electricity generator this year for the first time since the industrial revolution.
UK May budget deficit of £5.1bn higher than expected
Public sector borrowing was £5. 1bn in May - higher than expected and £1bn more than a year earlier, official figures showed.