Britain to suffer shallow recession this year, says Lloyds chief
British Steel is expected to announce 300 job losses today as it faces soaring energy costs alongside high inflation and...
archivePound
EU lags behind UK as it announces ban on petrol and diesel cars
Average wages grew at the fastest rate ever seen outside the pandemic.However, surging inflation meant real income has still suffered...
Europe’s energy bill nears €800bn after Putin cuts off gas
European nations have splashed out nearly €800bn on energy support measures as the continent continues to reel from Putin's gas...
EU seeks currency convertibility from India
NEW DELHI :The European Union has suggested that India liberalize its capital account restrictions as part of a comprehensive free...
US dollar, UK pound, Saudi riyal, Dirham, Aus dollar to INR exchange rates
The exchange rates of the US dollar, UK pound, Saudi riyal, UAE’s Dirham, Australian dollar, and other currencies to Indian...
UK narrowly avoids recession as economy flatlines
So there we have it. Britain managed to dodge a technical recession last year.The economy still shrank by 0.5pc in...
National Grid to pay households to switch off electricity for second day
Tesco is forcing suppliers to open their books and justify price increases "line by line" according to food chiefs amid...
Second global recession in a decade looms, warns World Bank
A second global recession looms this decade, the World Bank has warned as it slashed its growth forecasts for almost...
Goldman Sachs to cut 3,200 jobs this week
The impact of the slowdown in deals in the City last year is being felt amid reports Goldman Sachs will...
Winter sun holiday destinations where the pound goes furthest
Yet currencies in other popular destinations have strengthened far more against the pound over the past year. Though it may...
