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Economics

  • World Economic Forum kicked into long grass again over Omicron fears

    December 20, 2021

    The annual summit of the world’s greatest economic minds in Davos, Switzerland has been kicked into the long grass again due to concerns over a surge in Omicron cases. The World Economic Forum (WEF), that brings together global political and economic leaders every year, was due to take place between 17 and 21 January. It [...]

  • Omicron uncertainty weighs on UK factories

    December 20, 2021

    British factories are being hit by uncertainty over the potential negative impact the Omicron variant of coronavirus will have on the UK economy, reveals a new survey published today. Orders for manufacturers’ products jumped 24 per cent over the last month, but edged back from 26 per cent growth in November, according to the Confederation [...]

  • Exclusive: London rides wave of floats to snatch Europe listing crown

    December 20, 2021

    London has ridden the crest of a wave of companies listing in the capital over the last year, reveals a fresh study shared exclusively with Morning Wire today. The City muscled out its rivals on the continent to take the crown as Europe’s top listing hotspot, research by consultancy KPMG has found. The capital breezed [...]

  • Linchpin to Biden’s $1.75 trillion infrastructure bill pulls support

    December 19, 2021

    A key linchpin in ensuring President Joe Biden’s $1.75 trillion infrastructure bill’s safe passage yesterday ruled himself out of backing it. US senator Joe Manchin, a moderate Democrat who represents a crucial vote for Biden’s bill, said he would not support the package. “I cannot vote to continue with this piece of legislation,” Manchin told [...]

  • Concerns over looming circuit breaker lockdown to weigh on London markets this week

    December 19, 2021

    Concerns over whether the UK is heading for a pre-Christmas circuit breaker lockdown are likely to loom over investors this week. Ministers are reportedly drawing up plans to saddle Britain with tighter restrictions on socialising and household mixing to curb the rapid spread of Omicron. Health secretary Sajid Javid yesterday refused to rule out imposing [...]

  • New record of 830,000 Covid booster jabs administered in a day

    December 19, 2021

    The number of jabs being delivered to patients in England has hit a new record with 906,656 people receiving vaccines yesterday.

  • Competition watchdog investigates complaint over treatment of whistleblower

    December 19, 2021

    The UK's competition authority has reportedly launched an internal investigation into claims a director pressured a whistleblower to retract claims.

  • Health Secretary Sajid Javid refuses to rule out new restrictions before Christmas

    December 19, 2021

    Health Secretary Sajid Javid has refused to rule out a circuit breaker lockdown being introduced before Christmas.

  • Londoners squeezed by relentless cost of living in the capital

    December 17, 2021

    Londoners are being squeezed by the relentless high cost of living in the capital, reveals a new study published today. Polling by Ipsos MORI funded by London Councils found around one in five of all Londoners think the cost of living is the most pressing issue impacting them. Private renters and young people living in [...]

  • Inflation has been Odyssey of 2021 for a behind the curve Bank of England

    December 17, 2021

    Odysseus famously stuffed his ears with beeswax to avoid being lured by the sirens. Thousands of households across Britain were likely doing something similar to stop themselves from wincing at the final inflation reading of the year. Prices are now 5.1 per cent higher than they were a year ago. For anyone with an appetite, [...]

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