Political News
FX round-up: Slide in UK consumer confidence knocks cable lower
Sterling fell on worse than expected UK consumer confidence data Friday morning, and -- even noting the more hawkish tones from Bank of England bosses -- was unable to recover.
London close: Utilities, banks, supermarkets drag FTSE 100 down
Stocks in London drifted to a mediocre close on Friday with utilities, banks and supermarkets combining to drag the FTSE 100 lower.
Chinese authorities 'outraged' by US-Taiwan arms deal
Beijing has said it is 'outraged' by the decision of the US government to sign a $1. 42bn arms deal with Taiwan.
Marine Le Pen charged in EU funding scandal
French National Front leader Marine Le Pen is being formally investigated over an ongoing European parliament funding scandal.
ONS reveals household savings at record low of 1.7%
Britons are finding it more and more difficult to save, with the household saving ratio declining further to 1. 7% in the first quarter of 2017.
Commodities: Crude higher in technical bounce despite bearish market
Crude-oil futures headed mildly higher thanks to a technical bounce on Friday and amid a market overall bearish towards the price action of the black liquid.
Corbyn wields the axe as three frontbenchers sacked
Labour leader Jeremy Corbyn has demoted three members of his shadow cabinet after 50 MPs rebelled in a vote on whether to stay in the single market post-Brexit.
UK-US trade deal talks to begin next month - Liam Fox
The UK will begin trade talks with the US over a new post-Brexit agreement on the 24 July, according to Secretary of State for International Trade Liam Fox.