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Monday, August 21, 2017
The prospect of a steady rise in real term wages for the first time since the start of the economic downturn came a step closer today as official figures showed inflation fell to a four-year low of 1.7% last...
Britain will begin buying Russian gas directly this year, while the rest of Europe is attempting to cut its reliance on supplies from Moscow amidst the crisis in Ukraine. Under a deal signed in 2012 the UK’s biggest utility company...
BRUSSELS (Reuters) - The euro exchange rate is too strong for euro zone exporters, the president of the European Council said on Friday. Herman Van Rompuy, who represents European Union governments in Brussels, also said the economic aspects of the...
More than 17,000 homes have been bought under the Government's Help to Buy scheme, according to the latest official figures. The vast majority (80%) have been bought by first time buyers, while 77% have been purchased outside of London and...
The embattled Co-operative Group is to delay the publication of annual results that are widely expected to reveal losses of £2 billion, it announced today. Figures had been due to be published next Wednesday, on March 26, but this has...
Russia’s biggest billionaire has bought shares in big Chinese internet retailer Alibaba, after selling his stakes in US tech giants Apple and Facebook. The deal comes as the West imposes sanctions on Russia, that could spread from politics to...
(Reuters) - British finance minister George Osborne will announce a pre-election budget on Wednesday that is likely to offer some tax relief to voters but will stick closely to his tough decade-long plan to fix the public finances. Britain goes to the...
BY PAVEL POLITYUK AND RICHARD BALMFORTH   (Reuters) - Ukraine signed a $10 billion shale gas production-sharing agreement with U.S. Chevron (CVX.N) on Tuesday, another step in a drive for more energy independence fromRussia. The deal to develop its western Olesska field followed a similar...
The government of China plans to spend more than $162 billion in 2014 on redeveloping over 4.75m households in shantytowns thus boosting urbanization. The move is aimed at promoting economic growth. The program includes transport communications expansion, construction of new...
The boss of HS2 today proposed a speeding up of the building of the northern, phase two, section of the £50 billion project. HS2 Ltd chairman Sir David Higgins also called for a larger development at Euston - the project's...

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