Browsing: Economy News
Figures from the European Union statistics office have confirmed that 2017 saw the bloc grow at its fastest pace in a decade, according to BBC News.…
The level of unemployment in the UK is set to fall faster than the Bank of England (BoE) and other economists had predicted, according to a…
The Institute of Fiscal Studies (IFS) has warned that increasing the living wage could prompt employers to automate more jobs. According to BBC News, plans to…
The Bank of England has said that the risk of a disorderly Brexit has been reduced following a recent breakthrough in negotiations with the European Union,…
General Electric has announced that it will cut 12,000 jobs in the power section of its business, representing 18% of the division’s global workforce according to…
Retail centre owner Hammerson is to take over its rival Intu in a £3.4bn deal. According to BBC News, the takeover will create the UK’s largest…
Xavier Rolet has resigned as CEO of the London Stock Exchange (LSE) and the organisation’s Chairman Donald Brydon will not seek to be re-elected, according to…
Two parliamentary committees have indicated that rules governing the so-called ‘gig economy’ should be changed to protect workers from exploitation, according to BBC News. The Work…
Shareholder approval has been secured for the takeover of Nisa convenience stores by the Co-Operative Group in a £137m deal, according to BBC News. An emergency…
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.…
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editor@financial-news.co.uk.
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