News And Announcements
Global recovery strong but uneven, says OECD
The global economy is growing far more strongly than expected a year ago, it emerged on Tuesday, but the recovery remained uneven, exposing both advanced and emerging markets to a range of risks.
UK factory orders hit record but supply problems bite
UK manufacturing orders rose to their highest for at least 44 years in September but factories struggled to meet demand because of supply problems, a survey showed.
UK government considering state loans for energy companies
The UK government is considering offering state-backed loans to energy companies, the business secretary confirmed on Tuesday, as the sector battles soaring wholesale gas prices.
Government won't bail out failed energy firms, says Kwarteng
Business Secretary Kwasi Kwarteng said on Monday that the government will not bail out failed energy firms amid surging wholesale gas prices.
Travel stocks jump as US set to relax rules for jabbed EU, UK passengers
Travel stocks surged on Monday afternoon as it emerged that vaccinated passengers will be able to travel to the US from the EU and UK from November onwards.
UK manufacturing surges but 'big challenges' remain - survey
The UK manufacturing sector surged in the third quarter, a survey showed on Monday, as the economy continued to emerge from the pandemic.
German producer prices grow at fastest rate in 47 years
German factory prices have grown at the fastest rate since 1974, official data showed on Monday, fuelled by the surge in energy prices.
Government mulls bailout for embattled energy sector - reports
The UK government is considering emergency steps to help bailout the energy industry, it was reported on Monday, as wholesale gas prices spiral.
CF Industries shutters UK plants on soaring gas prices
Two UK fertiliser plants have been shuttered by their US owner because of soaring gas prices.
ICO slaps We Buy Any Car, Saga and Sports Direct with £495,000 in nuisance fines
The Information Commissioner's Office has issued almost half a million pounds in fines to several well-known companies that between them sent more than 354. 0m nuisance messages.
House prices stall as stamp duty holiday is phased out
UK house prices softened in July, official data showed on Wednesday, as the stamp duty holiday began to be phased out.
FCA to crack down on investment harm
The Financial Conduct Authority is to crack down on scams in the £1. 6trn consumer investment market, it was announced on Wednesday.
China's economic recovery falters as Covid cases rise
China’s economic recovery continued to falter in August, official data showed on Wednesday, as rising Covid rates and fresh lockdowns weighed heavily.
UK inflation sees biggest jump since records began
UK consumer price inflation saw its biggest increase in August since records began in 1997, according to figures released on Wednesday by the Office for National Statistics.
UK consumer confidence slips
Consumer confidence dipped slightly over the summer, research published on Tuesday showed, on concerns about job security and house prices.
UK delays checks on EU goods to ease supply chains
The UK has delayed imposing checks on EU goods entering the UK in an attempt to stop Brexit making supply chain problems worse.
Supermarket prices rise as cost pressures mount
Supermarket prices rose sharply in September as grocers cut in-store promotions amid increased cost pressures, a survey showed.
UK payrolls bounce back to pre-pandemic levels
UK worker numbers bounced back in August to pre-pandemic levels, while job vacancies hit a record high as the recovery from the Covid-19 crisis continues, according to figures released on Tuesday by the Office for National Statistics.
Retail footfall drops as summer holidays come to an end - Springboard
Footfall at UK retail destinations fell last week as the summer holidays came to an end, according to research released on Monday by retail analysts Springboard.
CMA says PCR market needs tighter regulation
The Competition and Markets Authority said on Friday that the PCR Covid testing market needs to be more tightly regulated.