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Tuesday, July 14, 2020
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CATEGORY

ECONOMY

Bank of England holds rates again

The Bank of England has marked seven years of record low interest rates by keeping the cost of borrowing on hold once again. All nine...

George Osborne announces cut in UK’s corporation tax

Tough-talking British Chancellor George Osborne has promised further cuts to corporation tax after he announced in today's Budget a cut in the UK's corporation...

Britain’s trade gap with EU in January at highest level on record

Britain's trade gap with the European Union (EU) in January grew to the highest level on record, focusing attention on the UK's biggest economic...

Eurozone ‘something we should all be concerned about,’ says former BoE bos

The euro area has been, if not an economic disaster, a "very serious problem" affecting Britain, the former governor of the Bank of England...

Brexit would hit our customers, says Barclays

Barclays has waded into the debate over Britain's membership of the European Union, claiming a Brexit would leave customers worse off. The chairman of the...

ECB executive warns against leaving interest rates too low for too long

A prominent member of the European Central Bank's Monetary Policy Council is warning about the risks of excessive stimulus and leaving interest rates too...

Pound hits lowest mark against dollar for almost seven years

The pound remains under pressure after dropping below 1.40 US dollars for the first time in nearly seven years amid uncertainty over the UK's...

European Commission cuts economic growth forecast

The European Commission has cut its forecast for economic growth in the Eurozone this year. It has cut its prediction for the 19-country bloc in...

European Commission prepares new tax-avoidance proposals

The EU’s clampdown on corporate tax avoidance will intensify today as the European Commission prepares to unveil a set of proposals in Brussels. Among the...

Amazon to hire 2,500 permanent UK staff

Amazon is to hire 2,500 permanent staff in the UK this year, boosting its workforce there to more than 14,000. They will be employed across...

Latest news

Boeing sells just one plane in June amid crisis in aviation

Boeing reported that customers cancelled orders for 60 of its grounded 737 Max jets in June, and the aircraft maker removed another 123 planes...

Pep Guardiola says Manchester City deserve apology after overturning Euro ban

Pep Guardiola believes Manchester City deserve an apology after successfully overturning their European ban. The City boss has hit out at rival clubs for what...

France says ‘merci’ to virus heroes on poignant Bastille Day

Medics in white coats replaced uniformed soldiers as stars of France’s Bastille Day ceremonies as the usual grandiose military parade was recalibrated to honour...

Chinese firm Huawei to be stripped out of UK 5G networks by 2027

Boris Johnson risked deepening tensions with Beijing after telecoms firms were ordered to strip Chinese tech giant Huawei’s equipment from 5G networks by 2027. The...

Samantha Womack settles phone hacking claim

Actress Samantha Womack has settled a damages action over phone hacking, the High Court has heard. The TV, film and stage star, best known for...
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