Browsing: Business Briefing

GKN Aerospace owner Melrose holds outlook despite supply chain challenges Melrose Industries said it is on track to hit looming profit targets despite the industry-wide…

UK inflation set to jump above target in headache for Rachel Reeves UK inflation is expected to have jumped above the Bank of England’s two…

Rachel Reeves ‘not satisfied’ as UK economy flatlines under Labour Rachel Reeves has said she is disappointed with figures showing the economy flatlining in the…

UK Treasury chief says she’s not satisfied by paltry third-quarter economic growth Britain’s Treasury chief Rachel Reeves said Friday that she is “not satisfied” by…

Bank of England governor says Brexit has undermined UK economy The Bank of England governor has urged ministers to “rebuild relations” with the EU, warning…

Reeves warns financial regulation has gone ‘too far’ in pledge to unleash the City The Chancellor Rachel Reeves warned that financial regulation had “gone too…

Andrew Bailey, Governor of the Bank of England, said inflation has fallen “faster than we expected” but still warned that more progress would be needed on services inflation.

The UK grew at a slower pace than expected in the third quarter, according to new figures, with business groups pointing to the impact of uncertainty ahead of last month’s Budget.

Pension ‘megafunds’ to be created to boost investment and economic growth Pension “megafunds” are set to be created to help unlock billions of pounds of…

Inflation in the US rose slightly in October, halting recent progress in stabilising prices. According to the Labor Department, consumer prices increased by 2.6% over the past year, up from 2.4% in September, driven largely by higher housing and food costs.  

Warning that UK is walking into an ‘accident crisis’ as deaths hit record high More people are dying from ‘accidents’ in the UK than ever…

VW has partnered with Rivian in a $5.8 billion joint venture aimed at accelerating EV innovation. The move will see both companies sharing advanced technologies to address slowing global EV demand and increasing competition from Chinese manufacturers.

Wage growth comes in ahead of expectations despite loosening labour market Bank of England rate-setters received a mixed picture from the latest labour market figures,…

London’s challenger stock market Aquis has accepted a £194m takeover offer from Swiss-based bourse operator SIX Group, CITY AM reports.

Tesla, bitcoin and dollar jump as investors pile into ‘Trump trades’ Bitcoin hit a fresh record, the US dollar rose to a four-month high and…