News And Announcements
UK house prices rise most since 2004 in April, Nationwide says
House prices are surging back in the UK and the pace is set to pick up further in coming months, the results of a closely-followed survey revealed.
Biden to propose $1.8tn 'family plan' to Congress
President Joe Biden will mark his first 100 days in office by setting out a $1. 8tn (£1. 3tn) family support plan that would transform the role of the government in society, according to reports.
UK government announces 'self-driving' cars could be allowed on motorways in 2021
Self-driving cars could be seen on British motorways later in 2021 announced the UK government on Wednesday.
Shop prices remain under pressure - BRC
UK shop prices continued to fall in April, industry data showed on Wednesday, although the rate of decline has started to ease.
UK retail sales rocket at fastest pace since 2018 - CBI
UK retail sales have grown at their fastest rate since 2018, a closely-watched industry survey showed on Tuesday, as non-essential shops start to reopen.
CAA says Heathrow bid to hike landing fees 'disproportionate'
A bid by Heathrow Airport to hike landing fees, in a bid to cover its pandemic losses, has been rejected by the Civil Aviation Authority, it was revealed on Tuesday.
BA boss says rich holidaymakers to make up for fall in business-class demand
British Airways CEO Sean Doyle believes that the company’s investment in refurbishing premium cabins will pay off with wealthy holiday makers buying premium seats.
Vaccinated shoppers help boost UK supermarket sales
Take-home grocery sales are continuing to grow, industry data showed on Tuesday, as the ongoing vaccine rollout and easing of lockdown restrictions boost demand.
Pubs and restaurants trade solidly post-lockdown - survey
Britain's pubs and restaurants made a solid start to post-lockdown trading in England after they were allowed to serve customers outdoors, a survey indicated.
Peel Hunt and Santander to work together on equity underwriting deals
Peel Hunt and Santander have teamed up to underwrite the largest UK equity transactions.
Shopper numbers ease following previous week's surge - Springboard
Shopper numbers have fallen back from the previous week’s surge, when numbers were boosted by the re-opening of non-essential retail, industry data showed on Monday.
CBD specialist Voyager Life confirms IPO
Cannabis oil specialist Voyager Life is to make its market debut, it was confirmed on Monday, following a successful crowdfunding campaign earlier in 2021.
Almost half of UK solar panels from firms linked to Xinjiang forced labour
Around 40% of solar panels used in the UK are from Chinese firms that have been accused of exploiting forced labour camps in the region of Xinjiang.
Germany business sentiment dampened by third wave - ifo
German business sentiment edged only marginally higher in April, data showed on Monday, after morale was held back by the third wave of Covid-19 infections to hit the continent.
UK economy to rebound faster than expected, report says
The UK economy will grow more than expected in 2021 and will regain its pre-crisis peak earlier than predicted, according to one of the country's most prominent forecasters.
UK consumer confidence up by most in a decade - Deloitte
UK consumer confidence jumped by the highest margin in at least 10 years in the first quarter of 2021 as lockdown eased and vaccinations progressed, a survey showed.
Labour announces £30bn plan to create 400,000 green jobs
The Labour party has announced a £30bn plan to revive UK manufacturing and create 400,000 clean jobs.
Spectris share-price rise is unjustified, Shore Capital says
The rise in Spectris's shares is not justified, Shore Capital said as the broker reiterated its 'sell' rating for the maker of precision measurement instruments.
UK annual borrowing hits post-war high of £303bn - ONS
The UK's annual borrowing hit a high not seen since the aftermath of the second world war as Covid-19 forced the state to spend to prevent an economic catastrophe, official figures showed.
UK economy continues to accelerate in April as lockdowns are eased, PMIs show
Manufacturing and services activity in Britain accelerated further at the start of the second quarter, with the former expanding quickest as lockdowns were eased, two closely-followed surveys showed.