Category: Economy
Economy
Chancellor Kwasi Kwarteng’s Mini Budget key Announcements
(qlmbusinessnews.com via news.sky.com-- Fri, 23rd Sept 2022) London, Uk - - Stamp duty, energy bills and alcohol duty: The key announcements in Chancellor Kwasi Kwarteng's[more...]
BoE set for second hefty rate rise in a row
(qlmbusinessnews.com via uk.reuters.com -- Thur, 22nd Sept, 2022) London, UK -- The Bank of England looks set to raise interest rates by at least half[more...]
Pound falls to its lowest in 37-year as retail sales slide
(qlmbusinessnews.com via bbc.co.uk - - Mon, 19th Sept 2022) London, Uk - - By Michael Race The pound has fallen to a new 37-year low[more...]
Chancellor Kwasi Kwarteng considering plans to scrap caps on bankers’ bonuses to boost City’s competitiveness
(qlmbusinessnews.com via news.sky.com-- Fri, 16th Sept 2022) London, Uk - - Kwasi Kwarteng is expected to outline next week a series of measures, including tax[more...]
UK retail sales fall, underlining signs of a looming recession
(qlmbusinessnews.com via uk.reuters.com -- Fri, 16th Sept, 2022) London, UK -- UK retail sales fell much more than expected in August, in another sign that[more...]
BoE delays interest rate decision after Queen’s death
(qlmbusinessnews.com via bbc.co.uk - - Mon, 12th Sept 2022) London, Uk - - The Bank of England has postponed a key decision on interest rates[more...]
Truss, UK’s new PM, plans $46 billion energy package for businesses -Bloomberg
(qlmbusinessnews.com via uk.reuters.com -- Tue, 6th Sept 2022) London, UK -- Incoming British prime Minster Liz Truss is planning a 40 billion pound ($46.22 billion)[more...]
Thames Water plans to raise additional funding weeks after tapping investors for £1.5bn
(qlmbusinessnews.com via news.sky.com-- Mon, 5th Sept 2022) London, Uk - - The UK’s biggest water company – which last month banned 10m customers from using[more...]
The UK to sell £1.5 billion of government property under new policy
(qlmbusinessnews.com via uk.reuters.com -- Thur, 1st Sept 2022) London, UK -- Britain set out plans on Wednesday to sell 1.5 billion pounds of government offices[more...]
UK contemplating giving loans to energy providers as costs rise -Telegraph
(qlmbusinessnews.com via uk.reuters.com -- Tue, 30th Aug 2022) London, UK -- The British government's options to support people facing sky-rocketing energy bills include handing loans[more...]
China’s largest real estate developer, Country Garden, profits drop 96%
(qlmbusinessnews.com via theguardian.com - - Tue, 30th Aug 2022) London, Uk - - The company blames the ‘severe depression’ in the property market and says[more...]
Former chancellor warns energy bills could break firms
(qlmbusinessnews.com via bbc.co.uk - - Mon, 29th Aug 2022) London, Uk - - Soaring energy bills could be the "straw that finally breaks the camel's[more...]