News And Announcements
EC revises objections against Apple payment policies
The European Commission raised revised objections with consumer technology giant Apple on Tuesday, over concerns around its App Store rules for music streaming providers.
Spanish, French inflation rise in February
French and Spanish inflation rose in February, according to preliminary figures released on Tuesday, putting more pressure on the European Central Bank to hike rates.
Grocery inflation hits record 17.1% - Kantar
Grocery price inflation in the UK hit a new high in the four weeks to 19 February, according to data provider Kantar.
Sunak announces 'Windsor Framework' deal on Brexit, sterling gains
Sterling rose on Monday after Prime Minister Rishi Sunak said he had agreed a new Brexit deal for Northern Ireland with European Commission President Ursula von der Leyen.
Retail footfall eases as children return to school
Retail footfall fell across most of the UK last week, industry data showed on Monday, as children returned to school following the half-term break.
Falling profits and higher costs hit service sector confidence - CBI
Business confidence continued to falter across the UK service sector, a survey published on Monday showed, as higher costs weighed heavily.
Eurozone economic sentiment steady in February
Eurozone economic sentiment was steady in February, according to a survey released on Monday by the European Commission.
Energy bills set to rise despite cut in price cap
Household energy bills are set to rise in April, the regulator confirmed on Monday, despite the price cap being cut by nearly £1,000.
Rail workers' union accepts offer from train operators
Relief from months of railway strikes and industrial action looked to be on the horizon on Friday, as members of the TSSA union accepted offers from train operators.
UK unveils fresh round of sanctions against Russia
The UK government has marked the first anniversary of war in Ukraine by announcing further sanctions against Russia.
German economy shrinks by more than expected
The German economy shrunk by more than expected in the last three months of 2022, official data showed on Friday, increasing the prospect of the country falling into recession.
Consumer confidence rebounds from historic lows - GfK
UK consumer confidence rebounded from historic lows in February, according to a survey released by GfK on Friday.
Government to shake up Ofgem board - report
The government is reportedly preparing to replace a slate of Ofgem's directors this year as the energy regulator faces intense criticism over its handling of the prepayment meters scandal.
UK retail sales growth stalls in February - CBI
UK retail sales growth stalled in the year to February ahead of an expected decline next month, according to the latest Distributive Traders Survey from the Confederation of British Industry.
Fed minutes show some division emerging among officials
Investor focus was very much on minutes from the Federal Reserve's February meeting late on Wednesday, which showed some division emerging as a number of officials expressed concern over the recent easing in financial conditions.
Tube staff vote to strike on Budget Day
London Underground is set to face significant disruption on 15 March - Budget Day - as members of the ASLEF union go on a 24-hour strike.
British Steel to announce job losses, closure of coking ovens
British Steel was reportedly set to announce the closure of its coking ovens at Scunthorpe.
German business sentiment improves in February - Ifo
German business sentiment improved again in February, according to a survey released on Wednesday by the Ifo Institute.
German inflation ticks up as expected in January
German inflation rose as expected in January amid higher energy prices, according to figures released by Destatis on Wednesday.
UK manufacturing output falls at fastest pace since September 2020
Manufacturing output fell in February at the fastest pace since September 2020, according to a survey released on Tuesday by the Confederation of British Industry.