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Downing 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 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....
Read moreLONDON MARKET OPEN: Weak data from China hits FTSE 100 miners
(Alliance News) - Stocks in London opened in the red on Wednesday morning as disappointing economic data from China hit FTSE 100 mining stocks and new data in the UK...
Read moreUPDATE: Liz Truss set for first PM's questions after Cabinet reshuffle
(Alliance News) - New UK Prime Minister Liz Truss will work to finalise a multi-billion package to freeze energy bills after conducting a brutal Cabinet cull of Rishi Sunak supporters...
Read moreTOP NEWS: UK house prices hit another record high, but growth slows
(Alliance News) - House prices crept higher in the UK in August from July, but the annual rate of growth - while still steep - has slowed, data from Halifax...
Read moreLONDON BRIEFING: UK house price growth slows; Barratt profit drops
(Alliance News) - A dour session in Asia looks set to carry over into the open in Europe on Wednesday, following disappointing Chinese trade data....
Read moreLONDON MARKET EARLY CALL: Lower call after weak handover from Asia, NY
(Alliance News) - Stocks in London were set for a lower open on Wednesday after losses in Asia and New York overnight and some weaker-than-expected Chinese trade data....
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