News And Announcements
UK consumer confidence nudges higher as political turmoil eases
UK consumer confidence nudged higher in November, a closely-watched survey showed on Friday.
Budget roundup: Hunt punts on deferred pain with eye on election
Britons face almost a decade of economic growth being wiped out as their living standards collapse after the government imposed more austerity on hard-pressed taxpayers – this time with a time-delay fuse.
London Overground strike action suspended
Strike action by London Overground train drivers due to take place on 26 November has been suspended.
Bulb administration costs soar to £6.5bn
The taxpayer bill for bailing out failed energy supplier Bulb has surged to £6. 5bn, according to official documents released on Thursday.
Hunt: UK already in recession
Chancellor Jeremy Hunt confirmed the UK was already in recession on Thursday, as he unveiled a £55bn package of higher taxes and spending cuts in his first autumn budget.
Lidl attracts £58m more spending from big four grocers
Discount grocer Lidl claimed in an update on Thursday that British shoppers had switched £58m worth of spending from the ‘big four’ supermarkets - Tesco, J Sainsbury, Asda and Wm Morrison - to its cut-price aisles over the last month.
Eurozone October inflation revised lower but still a record high
Eurozone inflation was a touch lower than initially estimated in October but still at a record high amid surging energy prices, according to figures released on Thursday by Eurostat.