Political News
UK rules out automatic deportation of EU citizens post Brexit
Brussels's Brexit spokesman said on Friday that the UK had ruled out the option of automatically deporting citizens from the European Union that did not apply for settled status after Brexit.
Asda begins trials for 'sustainability' store with refill points
Asda is partnering with well known UK food brands to create a “sustainability” store with refill points and recycling of plastic that aims to cut down on packaging.
No one at Seawave knew of loan from QIA to Lekoil, lawyers say
The plot around the fraudulent loan that sank shares of Nigerian oil company Lekoil thickened overnight after lawyers for the firm that allegedly brokered the transaction denied that it had played any role.
US, China sign phase one of trade 'deal'
The US and China on Wednesday signed an agreement in the first phase of a deal designed to ease the long-running trade war between the two countries.
Senate receives Trump impeachment articles
The US House of Representatives sent articles of impeachment against President Donald Trump to the Senate on Wednesday, charging him with of abuse of power and obstructing a Congress investigation.
US and China ready to sign 'phase one' trade deal
The long-awaited phase one trade deal between the US and China is set to be signed on Wednesday although some reports that it might have less of an impact on financial markets than expected.
UK house prices gather pace - ONS
Prices in the UK housing market gathered pace in the build-up to the general election, with those in the capital ticking upwards for the first time after nearly two years of weak growth.
IAG lodges complaint with EU over Flybe rescue
British Airways owner IAG has complained to the European Union about the UK government’s decision to rescue struggling regional carrier Flybe.
Iran threatens US and EU for military presence in the Middle East
Iran’s President Hassan Rouhani made a veiled threat to the US and the European Union on local TV on Wednesday, blaming them for what he said were their multiple failures in upholding the 2015 nuclear agreement and because of their military presence in the Middle East.
Debt rises sharply among lower income UK households - Resolution Foundation
Low-income households have seen a sharp rise in their debt since the financial crisis and could be too exposed to financial shocks, warned the Resolution Foundation in a new report on Wednesday.
Jeff Bezos to invest $1bn in Indian companies
Jeff Bezos, the billionaire founder of Amazon, has unveiled a $1. 0bn investment to help small Indian businesses digitalise.
Flybe averts collapse after govt, shareholders strike deal
British regional carrier Flybe was saved from collapse on Tuesday night after the government and airline's shareholders reached a deal to keep it in the air.
UK govt considers air duty cut to save Flybe
UK government officials were set to meet on Tuesday in an attempt to save regional air carrier Flybe from collapse with a potential cut in flying taxes on the table.
US CPI rate unchanged in December, as expected
The cost of living in the US rose as expected last month despite sharp increases in prices for medical care commodities and services, thus eliciting scant reaction from economists.
Johnson says he would back 'Trump deal' to replace 2015 Iran nuclear accord
Britain's Prime Minister said that he would support a deal negotiated by Trump to replace the 2015 nuclear accord.
PM formally rejects calls for second referendum on Scottish independence
The prime minister Boris Johnson has formally rejected calls by the Scottish National Party for a second independence referendum.
BlackRock pledges to put climate first as it flags 'fundamental reshaping' of finance
BlackRock, the world’s biggest asset manager, has pledged to put the climate at the heart of its investment strategy, including shunning some coal miners.
Britain, France and UK trigger Iran deal's dispute resolution mechanism
Britain, France and Germany triggered the so-called dispute mechanism contained in the 2015 nuclear deal with Iran.
US takes China off currency manipulators list
The US government dropped its designation of China as a currency manipulator as both sides moved towards a trade deal.
UK should invest £50bn in green projects to avoid recession - New Economics Foundation
The UK government should combat the next recession by investing as much as £50bn into green projects which would reboot the economy and help combat the climate crisis.