Economy NEWS

MOU signed in ThyssenKrupp/Tata Steel merger

The first step has been taken towards merging Tata Steel and Thyssenkrupp, in a move which would create Europe’s second-largest steel group, according to BBC News. The two companies have been discussing a … Continue reading “MOU signed in ThyssenKrupp/Tata Steel merger”


London house prices down 2.9% on the month

UK house prices fell 1.2% on the month in September, with a decline of 2.9% in London, according to figures released by Rightmove. The price drop is the first monthly fall for the … Continue reading “London house prices down 2.9% on the month”


South Wales to get zero-emission black cab plant

Norwegian aluminium company Sapa has announced plans to invest £9.6m in an automotive plant in Caerphilly, Wales in order to produce a new generation of eco-friendly London black cabs. The new plant will … Continue reading “South Wales to get zero-emission black cab plant”


John Lewis Partnership profits fall 53.3%

Profits of the John Lewis Partnership have fallen more than 50% following a major programme of restructuring and redundancies, according to the BBC. A £56.4m transformation programme meant that profits before tax fell … Continue reading “John Lewis Partnership profits fall 53.3%”


Economists do not expect interest rate rise until 2019

A survey of economists has revealed that UK interest rates are not expected to rise until 2019, despite inflation being above the Bank of England’s target. A BBC survey found that the majority … Continue reading “Economists do not expect interest rate rise until 2019”


UK house prices fall for first time in nearly two years

Average house prices across the UK fell by 0.3% from February to March, according to the latest monthly report from Nationwide, published on Friday. This is the first fall since June 2015, and … Continue reading “UK house prices fall for first time in nearly two years”


UK inflation reaches highest rate for more than three years

The fall in the value of the pound is increasing the cost of food and fuel, pushing inflation to the highest rate since September 2013. The Office for National Statistics (ONS) reported on … Continue reading “UK inflation reaches highest rate for more than three years”


UK Chancellor raises NI rate for self-employed

  A rise in Class 4 national insurance contributions (NICs) paid by self-employed people was amongst the measures announced by Chancellor Philip Hammond in the Budget on Wednesday. Hammond said that the rate … Continue reading “UK Chancellor raises NI rate for self-employed”


UK faces worst income squeeze for 60 years

With the UK continuing to make slow progress in recovering from the financial crisis, household incomes will not grow at all for the next two years, according to a report published on Thursday. … Continue reading “UK faces worst income squeeze for 60 years”


CBI survey shows rebound in UK retail sales

UK retail sales rebounded slightly in the year to February and are expected to continue growing, according to survey results released last week. The CBI’s latest quarterly Distributive Trades Survey involved 128 firms, … Continue reading “CBI survey shows rebound in UK retail sales”


Navigate Articles by Page ....

1 3 4 5 6 7 26