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23 Jun, 24

China-owned British Steel said to have requested £600m of taxpayer support

Chinese-owned British Steel has reportedly submitted a request for a package of taxpayer support worth £600m as it looks for assistance from the next government to upgrade to less polluting technology. The Guardian Said Government officials are due to review plans that set out the costs of switching from blast furnaces to electric arc furnaces at […]

17 Jun, 24

London becomes Europe’s largest stock market again

The UK’s main stock market retook its crown as Europe’s most valuable for the first time in nearly two years, data shows. BBC reports The total value of companies listed on the London Stock Exchange (LSE) hit $3.18tn on Monday, overtaking the $3.13tn total value of companies listed in Paris, according to Bloomberg data. Both […]

04 Jun, 24

Online fashion giant Shein to file prospectus for £50bn London float

Shein, which was valued at $66bn in its last fundraising, will file a confidential prospectus with the City regulator this month as it nears a blockbuster City listing. Sky news reported yesterday Shein, the online fashion behemoth, is on the verge of taking a huge stride towards a London flotation that would value it at […]

24 May, 24

Five pieces of economic news that could affect UK election result

From unemployment to inflation, the key data the Tories and Labour must explain to voters. The Guardian reports. Primer Minister Rishi Sunak’s slim chance of pulling off a victory against the odds in July’s general election depends on voters buying the argument that tough decisions taken since he became prime minister are paying off. That […]

20 May, 24

China hits back at US and EU as trade rows deepen

China has launched an anti-dumping probe into imports of a widely used plastic from the US, EU, Taiwan and Japan. BBC reports today The announcement from the Ministry of Commerce that Imports of polyoxymethylene copolymer -which is used in electronics and cars – is a signal that China will hit back in its trade disputes […]

China-owned British Steel said to have requested £600m of taxpayer support

London becomes Europe’s largest stock market again

Online fashion giant Shein to file prospectus for £50bn London float

Five pieces of economic news that could affect UK election result

China hits back at US and EU as trade rows deepen

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