EU calls Microsoft's bundling of Teams 'abusive'

The European Union (EU) accused Microsoft of violating competition regulations on Tuesday, through the “abusive” bundling of its Teams and Office products.

Getir shareholders reportedly approve company's split

Shareholders of Turkish rapid grocery delivery giant Getir have endorsed a major restructuring plan that would see it split into two separate entities and receive a significant capital infusion from the Abu Dhabi state investment fund Mubadala, it emerged on Monday.

UK manufacturing output broadly unchanged in June quarter

Manufacturers in the UK reported that output volumes remained broadly unchanged in the three months leading up to June, according to the latest industrial trends survey released by the Confederation of British Industry (CBI) on Monday.

German business sentiment deteriorates in June - Ifo

German business sentiment deteriorated in June, according to a survey released on Monday by the Ifo Institute.

First time mortgage payments up 61% since last election - Rightmove

First-time buyers have seen mortgage payments soar by nearly two thirds since the last general election, industry research showed on Monday.

Tata workers to stage first UK steel strike in over 40 years

Trade union Unite announced on Friday that around 1,500 Tata workers based in Port Talbot and Llanwern would start an all-out indefinite strike, starting on 8 July.

Election nerves cast shadow over UK economy - PMI

Growth in the UK private sector unexpectedly slowed in June, a closely-watched survey showed on Friday, as uncertainty around the general election weighed on business.

Eurozone recovery unexpectedly slows - PMI

The eurozone’s nascent economic recovery unexpectedly slowed in June, official data showed on Friday, weighed down by weakness in the manufacturing sector.

UK retail sales rise more than expected in May

UK retail sales rose more than expected in May, according to figures released on Friday by the Office for National Statistics.

UK government borrowing below forecasts but debt hits 63-year high

Underlying public-sector borrowing came in slightly lower than government forecasts last month, but still registered the third highest figure for a May on record, while debt swelled to its highest level in more than 60 years.

UK consumer confidence pushes higher - GfK

UK consumer confidence strengthened in June, a long-running survey showed on Friday, as hopes for the economic recovery gained ground.

Bank of England leaves rates on hold

The Bank of England left interest rates on hold on Thursday, as widely expected, despite falling inflation.

Trading apps found to encourage risk-taking as FCA keeps platforms under review

UK financial regulators have announced that they are keeping trading apps under review over concerns that they are encouraging risk-taking among users.

Sales of electric vehicles fall in Europe

Sales of battery-powered electric cars in the European Union fell sharply in May, industry data showed on Thursday, as demand in Germany softened notably.

Switzerland cuts interest rates again

The Swiss National Bank cut its key rate on Thursday to 1. 25% from 1. 5%.

Review into handling of politically-exposed persons delayed by election

UK house prices rise for fourth straight month

House prices in the UK rose for the fourth month in a row in April, according to figures out on Wednesday from the Office for National Statistics.

UK inflation eases to BoE's 2% target

Annual consumer price inflation fell to 2% in May from 2. 3% in April, in line with expectations, according to figures released on Wednesday by the Office for National Statistics.

French equities now ‘most unloved’ in Europe - BofA survey

France has turned into investors’ most unloved European equity market after President Macron called a snap election, having been the most preferred last month, according to the latest European Fund Manager Survey from Bank of America.

German business sentiment improves less than expected - ZEW

German business sentiment improved less than expected in June, according to a survey released on Tuesday by the ZEW Center for European Economic Research in Mannheim.