(Sharecast News) - UK competition regulators have ordered the Civil Aviation Authority (CAA) to amend the pricing cap it placed on what Heathrow Airport can charge airlines. Back in March, the CAA declared that the average charge per passenger that airlines must pay...
Latest Economic News articles
UK consumer confidence nudges higher as political turmoil eases
UK consumer confidence nudged higher in November, a closely-watched survey showed on Friday. GfK's Consumer Confidence Index rose 3 points in November to -44, although it remains close to historic lows. In September the index touched -49, the lowest since the survey...
Budget roundup: Hunt punts on deferred pain with eye on election
Britons face almost a decade of economic growth being wiped out as their living standards collapse after the government imposed more austerity on hard-pressed taxpayers - this time with a time-delay fuse. Finance minister Jeremy Hunt unleashed a £55bn package of tax...
London Overground strike action suspended
Strike action by London Overground train drivers due to take place on 26 November has been suspended. Train drivers' union Aslef said on Thursday that this follows a pay offer made to members this week by the company, which will now be put to a vote. Reports suggest...
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Consumer confidence returns to pre-pandemic levels – GfK
UK consumer confidence edged above pre-pandemic levels in July for the first time, research showed on Friday. According to the latest GfK...
BoE’s Broadbent says higher inflation looks temporary
Rising inflation is likely to be temporary, a Bank of England rate setter said in remarks that reined in expectations of imminent policy...
UK factory output growth equals record but shortages loom – CBI
UK factory output rose at a joint-record pace in the past three months but worries about shortages of materials and labour were at their...
UK public sector borrowing falls in June
UK public sector net borrowing fell in June as the economy opened up again, according to figures released on Wednesday by the Office for...
London dominates foreign inward investment – ONS
Almost half of foreign direct investment into Britain went to London in 2019 before the Covid pandemic struck, according to official data....
Shopper numbers set to surge as Covid restrictions ease
Footfall across all retail destinations is expected to spike by nearly 20% following Monday's lifting of Covid restrictions, according to...
BoE’s Haskel warns against preemptive tightening of monetary policy
One of the Bank of England's top officials argued against reducing monetary stimulus for the economy. In prepared remarks for a speech,...
Buyer ‘frenzy’ pushes UK house prices to fresh high
House prices have hit another fresh high, industry data showed on Monday, despite the stamp duty holiday coming to an end, as surging...
UK may reinstate some lockdown measures if situation becomes ‘unacceptable’
The UK might reinstate some lockdown measures if the latest wave of the coronavirus pandemic becomes unacceptable. In remarks to Sky News,...
BoE’s Saunders warns on inflation risk
The Bank of England may need to take action to curb inflation in the near future after conditions for tightening monetary policy were met,...
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