Fidelity Top Stories
Lack of supply props up UK house prices in August - Halifax
UK house prices ticked up a touch more than expected in August as a lack of supply helped to offset Brexit uncertainty.
Brexit: UK opposition to vote against second snap poll vote
UK opposition parties said they would not support a motion for a snap general election if it was tabled by the government on Monday.
US-China trade contacts set to resume amid global growth concerns
Top trade officials from the US and China will hold face-to-face talks in coming weeks despite skepticism that any substantial progress will be made, although there appeared to be increased attention around the side-effects of the trade war on third nations.
Iran to ramp up nuclear development in defiance of US
Iranian President Hassan Rouhani has ordered the removal of limits on nuclear research and development in the country just hours after US President Donald Trump said that he would be open to meeting the Iranian leader.
Victorian work practices return to UK as 3.7m Britons in insecure work
Victorian age inequality is making a comeback to the UK as average wages remain low and 3. 7m Britons are stuck in some form of insecure work.
UK's Javid accused of 'grubby electioneering' over spending review
British finance minister Sajid Javid was accused of “grubby electioneering” on Wednesday as he unveiled a one-year spending review for the first year outside membership of the EU.
Bank of England scales back estimates for disorderly Brexit
The Bank of England has dialled back on its estimates for the worst case scenario for Brexit on the back of the preparations made by businesses since the end of 2018.
New Italian coalition government between M5S and PD sworn in on Thursday
Cabinet members from the new coalition government just formed in Italy between the anti-establishment Five Star Movement and the centre-left Democratic Party will be sworn in on Thursday at 0900 BST.
China planning to cut lenders' reserve requirements again
Chinese authorities were preparing to boost their monetary policy stimulus by easing lenders' reserve requirement ratios.
Hong Kong leader set to withdraw China extradition bill
Hong Kong Leader Carrie Lam announced on Wednesday that she was withdrawing an extradition bill granting Beijing the power take people away into what some critics said was China's opaque legal system.
Johnson seeks poll as rebels inflict humiliating Commons defeat
Prime Minister Boris Johnson said he would seek approval for a snap election after a humiliating parliamentary defeat that saw 21 Tory rebels defy threats of deselection and join the opposition in moving to stop a no-deal Brexit.
Trump says US doing well in trade negotiations, BofA-ML sees 'more pain'
America is doing well in its negotiations with the People's Republic of China and has nothing to gain by waiting until the next elections, the US President said on Tuesday.
New EU executive to crack down on US tech giants
The European Union's new executive will not grant America's tech giants any tax relief and will devise new laws to regulate the companies and artificial intelligence technology, the Wall Street Journal reported on Tuesday.
New York Times pulls sponsorship for London Oil and Money conference
The New York Times newspaper has binned its plans to sponsor one of the world's biggest oil industry conferences following pressure from environmental activists.
IQE bullish on 5G even as Asian supply chains race to rebuild
IQE sounded a confident note on the outlook for growth on the back of the advent of 5G, despite the challenging market backdrop, including the need to adapt to the shifting supply chains of its clients, that drove it into a loss at the half-year stage.
Flat August retail sales 'incredibly disappointing', BRC says
Retail sales "flatlined" in August even as food and drink purchases leapt amid a summer heatwave, according to figures released on Tuesday by the British Retail Consortium (BRC) and KPMG.
House prices could fall by 20% in wake of no-deal Brexit - KPMG
New analysis by KPMG revealed the potential for a decline of around 6. 0% in UK house prices in 2020 after a no-deal Brexit with scope for a drop of as much as 20% depending on how exactly economic agents reacted.
PM threatens to 'purge' rebel Conservatives over upcoming Brexit vote
UK Prime Minister Boris Johnson has vowed to purge Conservative rebels, including former ministers such as Philip Hammond, from his party if they vote against a no-deal Brexit on Thursday.
Pound set for 'turbulent week' amid Brexit showdown
The British pound was under pressure on Monday as traders prepared for a potentially messy week of Brexit debate after a weekend filled with speculation that there may be an early election.
UK manufacturing activity hits seven-year low in August
A key gauge of UK manufacturing sector conditions hit a more than sever-year low last month as "high levels" of economic and political uncertainty both at home and abroad took their toll and confidence in the outlook plumbed its lowest ever reading.