{{ storiesRelated.title }}

News And Announcements
31 May
US consumer confidence dips in May

US consumer confidence declined slightly in May amid worries about inflation, according to a survey released on Tuesday.

31 May
handshake dl m
CMA to appoint Marcus Bokkerink as chair

The Competition and Markets Authority said on Tuesday that it will appoint former Boston Consulting Group partner appoint Marcus Bokkerink as its next chair.

31 May
ecb dl 3 euro bonds frankfurt germany economy
Eurozone inflation hits record 8.1% in May

Eurozone inflation hit a record 8. 1% in May as energy prices surged, according to a flash estimate released on Tuesday by Destatis, adding pressure on the European Central Bank to hike rates.

31 May
dl finance pounds sterling money banknote finance
Mortgage approvals fall while consumer credit rises in April

Fewer mortgages were approved in the UK in April, although net consumer credit increased, as the cost-of-living crisis began to hit household budgets and spending.

31 May
dl shenzhen china city skyline view pb
Economic activity slows further in China in May

Economic activity slowed further in China in May, according to fresh official data released on Tuesday, with measures for both the manufacturing and non-manufacturing sectors remaining in contraction territory.

30 May
dl mccolls retail group aim mccoll s convenience retailer morrisons daily off licence store logo 2
Morrisons ordered to keep McColl's separate amid CMA probe

The Competition and Markets Authority announced on Monday that it is investigating the completed acquisition by Morrisons of the assets of the collapsed convenience retailer McColl’s.

30 May
dl lidl high street shopping supermarket
Retail footfall set to rise 8% over Jubilee weekend

Retail footfall in the UK is expected to jump 8% across all destinations over the Platinum Jubilee bank holiday, according to retail consultancy Springboard.

30 May
dl london houses house housing property price prices real estate agent agents
Average UK house price tops £250,000 for the first time

Average UK house prices had topped £250,000 for the time in history after rising 8. 4% year-on-year in April, a slight cooling off from March's 9% clip.

30 May
ecb dl 3 euro bonds frankfurt germany economy
Eurozone economic sentiment broadly stable in May

Eurozone economic sentiment was little changed in May, according to a survey released on Monday by the European Commission.

27 May
dl shanghai china city asia pudong bund river buildings prc peoples=republic of china pb
China's industrial profits fall sharply in April amid lockdowns

China’s industrial profits fell sharply in April as Covid lockdowns took their toll, according to data released on Friday by the National Bureau of Statistics.

26 May
offshore north sea oil drilling premier oil
Sunak unveils £5bn windfall tax on energy firms

The Chancellor of the Exchequer has announced a £15bn package of measures intended to help households with the soaring cost of living, including a windfall tax on energy companies.

26 May
dl google alphabet internet search advertising services logo pb
CMA opens fresh probe into Google's ad practices

The Competition and Markets Authority is investigating whether Alphabet division Google has broken the law by restricting competition in the digital advertising technology market, it announced on Thursday.

26 May
dl sunak spring statement
Treasury to unveil emergency aid to tackle soaring energy bills

The Chancellor Rishi Sunak is poised to unveil a £10bn package of emergency support to help households struggling with soaring energy bills, it was reported on Thursday.

25 May
dl germany shopping consumer confidence high street german eurozone retail winter speyer pb
German economy nudges higher as sentiment steadies

The German economy strengthened marginally in the first quarter, official data showed on Wednesday.

24 May
dl shopping
Retail sales hold steady but outlook weakens - CBI

Retailers expect sales to soften in June, a survey showed on Tuesday, as high inflation and the weakening economic outlook weigh on consumers.

24 May
dl gas hob cooking energy kitchen
Energy price cap set to hit £2,800 in October - Ofgem chief

Energy bills are on course to rise by more than £800 in October, the head of Ofgem has warned politicians.

24 May
dl shopping supermarket groceries high street high st footfall retail retailer spending consumer lidl pb
Grocery inflation hits 13-year high

Grocery inflation hit its highest level in 13 years in May, industry research showed on Tuesday, as the cost of living crisis continued to mount.

24 May
dl city of london financial district square mile river thames blackfriars unsplash
UK business activity slows sharply in May

Business activity in the UK slowed sharply in May as inflationary pressures and geopolitical uncertainty weighed on customer demand, according to a survey released on Tuesday.

24 May
sse dl energy renewable power climate uk 5
Shares tumble as Treasury mulls windfall tax on electricity generators

Shares in electricity generators tumbled on Tuesday after it emerged that chancellor Rishi Sunak was considering imposing a windfall tax on excess profits.

24 May
dl rishi sunak mp conservative party tory chancellor of the exchequer ministerial portrait flickr cc 2
UK government borrowing falls in April

UK government borrowing fell more than expected in April but remained above pre-Covid levels, according to figures released on Tuesday by the Office for National Statistics.