Rolling coverage of the latest economic and financial newsLatest: UK house sales fell over 60% in July after busiest ever JuneHousebuyers rush to complete deals before stamp duty cut scaled backEarlier:Oil surged 5% on Monday on rising demand hopes and…
UK growth hits six-month low as staff and materials shortages bite – business live
Rolling coverage of the latest economic and financial newsLatest: UK private sector growth hit six-month low in AugustFirms report big problems with staff and material shortagesEarlier:Eurozone private sector growth near 15-year high, but supply chain …
Retail sales in surprise fall in Great Britain; European shares drift lower – business live
ONS says transportation delays resulted in shortages of electrical goodsAstraZeneca publishes positive results from Covid-19 antibody therapyApple delays office return to JanuaryM&S shares jump after rare profit upgradeIntroduction 1.05pm BST Here …
‘Taper tantrum’ by stock markets points to gaps in the easy recovery story | Nils Pratley
Cheap money, the Delta variant and China’s sluggish performance add up to tough times aheadFinancial markets these days react to any whiff of tighter monetary policy in the US, so a little drama on Thursday was par for the course after the US Federal R…
FTSE 100 falls as miners hit by China slowdown concerns – business live
Rolling live coverage of business, economics and financial markets as Cobham and Ultra agree deal and Meggitt pushes ahead with Parker Hannifin buyoutWeak Chinese data set negative tone across Europe’s main stock marketsFTSE 100 down 0.7%, but Ultra an…
UK economic recovery speeds up in June after lockdown measures relaxed – business live
GP visits, advertising spending and reopening of hospitality venues all helped economy grow for fifth month running in JuneBREAKING: UK economy returned to growth in Q2Growth faster than expected in JuneONS: Economy is rebounding stronglyGDP up by 1% i…
Pound at 18-month high vs euro as German investor morale takes Covid-19 hit – business live
Rolling coverage of the latest economic and financial newsLatest: Sterling highest since February 2020 vs euroGerman investor morale hit by fourth-wave fearsUS small business confidence falls amid struggle to find workersEarlier:Philip Morris shifts to…
Vectura may face takeover auction; oil hit by pandemic fears; US job openings hit record – as it happened
Rolling coverage of the latest economic and financial news, as cigarette maker Philip Morris and private equity group Carlyle battle to own UK health companyLatest: US job openings hit recordOil hit by China’s Covid-19 restrictions.Auction process loom…
Morrisons receives new £6.7bn takeover offer from private equity investors – business live
Rolling live coverage of business, economics and financial markets as group led by Fortress increases bid following shareholder criticismAsda boss resigns early after private equity-backed takeoverSurprise decline in German production amid chip shortag…
IMF approves $650bn injection to help countries weather pandemic – business live
Rolling coverage of the latest business and financial news 10.50am BST Fancy a pasty for dinner?Ok, it’s not yet lunchtime, but Greggs is thinking about the evening meal as it looks to keep growing the business. Pre-ordering is a market trend that we b…