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UK ministers to get powers to overrule financial regulators, MPs told
(Alliance News) - Ministers are to be given powers to overturn decisions by financial regulators, the government has said, in a move backed by former chancellor Rishi Sunak....
Read moreEU to be "flexible" over Northern Ireland Protocol - Irish PM Martin
(Alliance News) - Ireland's premier Micheal Martin has said he takes "heart" from UK Prime Minister Liz Truss's remarks that she would like to see the issues around the Northern...
Read moreSoon-to-be-acquired Homeserve to replace outbound Avast on FTSE 100
(Alliance News) - Homeserve PLC will return to the FTSE 100, for a potentially brief stint, as part of index changes stemming from the buyout of cybersecurity firm Avast PLC....
Read moreLONDON MARKET CLOSE: FTSE 100 struggles but DAX and New York on up
(Alliance News) - London's FTSE 100 underperformed in a lacklustre session on Wednesday, with share price falls for oil majors offsetting gains for energy suppliers, while the pound slumped to...
Read moreDowning Street hints at fracking ban lift in UK energy bills package
(Alliance News) - Downing Street has hinted that the fracking ban could be lifted when UK Prime Minister Liz Truss sets out a new package to help deal with the...
Read moreSterling slumps to 1985 dollar low on UK recession fear
(Alliance News) - The British pound plunged Wednesday to its lowest dollar level since 1985, plagued by fears of a UK recession sparked by rocketing inflation and soaring energy bills....
Read moreBank of England chief welcomes remit review before new chancellor meet
(Alliance News) - The governor of the Bank of England has welcomed a potential review of the bank's remit, as he blamed Vladimir Putin for the economic crisis facing the...
Read moreLONDON MARKET MIDDAY: FTSE 100 red despite boost for Centrica and SSE
(Alliance News) - Stock prices in London improved in midday trade on Wednesday as power suppliers were boosted by news of a potential multi-billion package to freeze energy costs, while...
Read moreTOP NEWS SUMMARY: China trade grow slows; Apple to unveil new iPhone
(Alliance News) - The following is a summary of top news stories Wednesday....
Read moreBP strikes deal with Eni to sell Algerian upstream business
(Alliance News) - BP PLC on Wednesday said it has agreed to sell its upstream business in Algeria to Eni SpA, for an undisclosed amount....
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