Economic News
China rejects requests for talks with US on Taiwan spat
China has refused to hold talks with the US over how US airlines and their websites refer to Chinese-claimed Taiwan, adding tensions to an already strained trade relationship.
BoE orders City bosses to crack down on crypto-assets
The Bank of England has ordered the bosses of banks and other financial companies to strengthen checks on crypto-assets such as Bitcoin and not to link pay to risky dealing in those instruments.
FCA investigates Carillion allegations of insider trading
The Financial Conduct Authority (FCA) is looking into allegations of insider trading at collapsed construction company Carillion.
BoE reports stronger retail sales but weaker consumer services
Retail sales have picked up but demand for consumer services is being held back by squeezed incomes and political uncertainty, according to the Bank of England’s latest survey of business conditions.
Eurozone and UK economic confidence falls slightly
Consumer and business confidence has fallen slightly in the eurozone and the UK, according to a monthly European Commission survey.
UK faces two decades of tax hikes to pay for NHS
UK taxpayers could face another two decades of tax hikes in order to fund the government's promised annual £20bn boost in NHS spending.