Political News
US consumer confidence jumps higher in September
A widely-followed gauge of the state of US consumer spirits surprised sharply to the upside.
Nokia wins contract for UK 5G network
Nokia secured a deal to supply radio equipment for the UK’s new 5G network alongside BT, the company announced on Tuesday.
CBI urge UK government to avoid no-deal Brexit
The Confederation of British Industry urged the UK government to try to reach an agreement with the European Union on trade post-Brexit to avoid further economic challenges.
Pound strengthens on Brexit trade deal hopes
The pound rose against both the euro and dollar on Monday morning as the final round of Brexit trade negotiations geared up in Brussels.
Contested US election is investors' biggest fear - survey
A disputed US presidential election has outstripped Covid-19 to be the biggest concern for investors, according to a survey.
Trump used losses to pay no income tax, report says
US President Donald Trump paid just $750 in federal income taxes in 2016 and 2017 and in many years paid none at all, the New York Times reported after obtaining tax return information Trump has withheld.
Swiss set to vote on free movement deal with EU
Switzerland is set to vote on Sunday on whether to end its agreement with the European Union that allows free movement of people between the two jurisdictions.
Government to top up wages of 'viable' jobs when furlough scheme ends
The government will look to stave off a potential wave of redundancies this autumn by topping up the wages of "viable jobs" when the furlough scheme comes to the end, Chancellor Rishi Sunak announced on Thursday.
Facebook Oversight Board to launch for US election
The Facebook Oversight Board said it plans to launch ahead of the US presidential election in November to monitor political content on the platform.
Ryanair's O'Leary warns of large job losses due to 'shambolic' UK Covid policy
Britain’s aviation and tourism industries faced massive job losses unless the government provided more support and eased travel restrictions, Ryanair chief Michael O'Leary said on Thursday.
Half a billion jobs were lost around the world to Covid-19 in Q2
The novel coronavirus will exact a much higher toll on job markets around the world than previously feared, according to the global watchdog for labour.
UK ministers warn of 7,000-truck-long queues in Kent after Brexit transition period
UK ministers warned on Wednesday that a worst case scenario post-Brexit transition period would see queues of as many as 7,000 trucks in Kent.
JP Morgan to shift €200bn from UK to Germany - report
JP Morgan will become one of Germany's biggest banks when it moves about €200bn (£184bn) of assets from the UK to Frankfurt because of Brexit, Bloomberg reported.
Sunak considers German-style wage support - reports
Chancellor Rishi Sunak is considering replacing his furlough programme with German-style wage subsidies as part of measures to help businesses through the resurgence of Covid-19, according to reports.
Pubs to shut at 10pm as government ramps up Covid-19 restrictions
The government has announced a fresh range of restrictions to be in place for at least six months after the number of Covid-19 cases surged.
Covid-19 impact could limit cash access - FCA boss
The City regulator has warned many people could struggle to get access to cash after Covid-19 intensified pressures on banks' branches and ATM networks.
HSBC hits 25-year low as allegations add to pressures
HSBC shares fell to a 25-year low as Britain's banks were affected by allegations of moving illicit money as well as renewed pressure from the resurgence of Covid-19.
Unilever's Dutch shareholders back proposed unification
Unilever’s Dutch shareholders have voted to end the company’s historic dual-structure in favour of a single entity based in London.
US consumer confidence recovers in September as Democrats grow more optimistic
US consumer confidence overall rose back to its highs from April, having moved roughly sideways since then, the results of a closely-followed survey revealed.
UK govt refuses to rule out second Covid lockdown
The UK government on Friday has refused to rule out a second national coronavirus lockdown as the number of infections continued to rise.