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New UK-US airline buys first plane, expects to fly from next spring
(Alliance News) - A new airline planning to operate transatlantic flights from London by spring 2024 has bought its first plane....
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PRESS: JPMorgan to cut 1,000 First Republic jobs on takeover - FT
(Alliance News) - JPMorgan Chase & Co will be cutting around 1,000 First Republic employees following its takeover of the bank earlier this month, the Financial Times reported on Thursday....
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UK chancellor backs interest rate hikes even if they cause recession
(Alliance News) - UK Chancellor Jeremy Hunt has backed interest rate hikes being used to calm soaring inflation even if they increase the risk of pushing the UK into recession....
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TOP NEWS: UK retail sales edge up monthly and annual decline abates
(Alliance News) - UK retail sales edged up on a monthly basis in April, while an annual decline softened, according to the Office for National Statistics on Friday. ...
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LONDON MARKET EARLY CALL: FTSE 100 to tread water after US tech surges
(Alliance News) - Stocks in London are set to open flat on Friday, with investors failing to muster much enthusiasm as US debt ceiling uncertainty continues. ...
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Asda finalising GBP10 billion merger with EG Group — reports
(Alliance News) - The owners of Asda Stores Ltd will announce a GBP10 billion tie-up of the supermarket with their petrol station empire on Friday, according to a report....
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Bank of England 'cannot rule out' further interest rate rises — Haskel
(Alliance News) - The Bank of England cannot rule out more interest rate increases, a member of its decision-making body said on Thursday....
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LONDON MARKET EARLY CALL: Stocks called up; US debt talks continue
(Alliance News) - Stocks in London are set to open higher on Thursday, as talks over the US debt ceiling continue....
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Security guards at London's Heathrow Airport stage fresh strike
(Alliance News) - Security guards at Heathrow Airport will launch a three-day strike on Thursday in a dispute over pay....
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Bank of England chief says government could still meet inflation goal
(Alliance News) - The Governor of the Bank of England said there is still a chance the UK Government will meet its pledge to halve inflation this year after a...
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