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Economics at sky.com

Wednesday, Apr 17

21

Lords delay Rwanda plan again in blow to Rishi Sunak's agenda

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The House of Lords has delayed the passing of the government's Rwanda bill until next week - in a blow to Rishi Sunak's attempts to get planes off the ground deporting illegal migrants to the country.

Co-operative Bank and Coventry near agreement on landmark £780m deal

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The Co-operative Bank will this week move a step closer to regaining its mutual status when it announces that it has struck a £780m deal to be bought by the Coventry Building Society.

19

Chancellor insists UK's economy has 'turned the corner' - telling public to 'stick to' his plan

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Chancellor Jeremy Hunt has said that "better times are ahead" but that the fundamentals of the UK economy are "very strong".

Inflation falls - but what might it mean for interest rates?

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The price of everyday things - mainly food - is now rising at the lowest level since 2021.

16

MSPs back plans to increase minimum alcohol unit price by 30%

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MSPs have voted to increase the minimum unit price of alcohol by 30%.

15

Royal Mail owner could be taken over by Czech billionaire

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The owner of Royal Mail has rejected an attempt by its biggest shareholders to take over the business but another bid is in the works.

New BT chief dusts off plan for sale of Irish corporate unit

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The new boss of BT Group is dusting off plans for a sale of its Irish corporate business four years after her predecessor called off tlls a deal.

French firm buys majority stake in Scottish airport as part of billion-pound deal

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A French firm has struck a deal to buy a majority stake in Edinburgh Airport for around £1.27bn.

14

Telegram will 'probably' hit one billion users within the year - what is it and why is it so popular?

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Telegram, one of the world's biggest social media networks, "will probably hit one billion active monthly users within the year", according to the app's billionaire founder Pavel Durov.

12

China is taking drastic steps to boost its falling birth rate

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China desperately needs its people to have more babies.

Employee benefits provider Wagestream secures £17m funding boost

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An employee benefits platform used by Asda and Burger King has secured close to £20m in new funding from investors including a subsidiary of the British Business Bank (BBB).

11

Post Office boss 'exonerated' after investigation into bullying allegations

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The Post Office's chief executive has been "exonerated of all misconduct allegations" following an investigation into allegations of bullying.

08

Bank of England governor talks up interest rate cut prospects as inflation eases to 3.2%

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The governor of the Bank of England has signalled the UK is still on course for an interest rate cut as official figures show a further easing in the pace of price growth in the economy.

Tuesday, Apr 16

00

Sunak badly burnt by Tory rebellion as jostling for leadership begins

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Rishi Sunak has been badly burned by a Commons rebellion by nearly 60 Tory MPs who voted against his flagship Tobacco and Vaping Bill.

19

Rwanda plan defeated in Lords again - forcing MPs to consider four changes

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New defeats for the government's Rwanda bill in the House of Lords have set up a parliamentary showdown on Wednesday - forcing MPs to consider changes to Rishi Sunak's stop the boats plan.

Government would not have accepted ending Horizon software, ex-Post Office CEO says

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The government would not have accepted faulty accounting software Horizon being phased out, a former Post Office chief executive told the inquiry into the wrongful prosecution of sub-postmasters.

18

Judge warns Trump over 'intimidating' potential jurors in court

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A judge in Donald Trump's hush money trial has warned the former president about "intimidating" potential jurors in the case.

16

Workers win employment tribunal months after music venue's closure

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The former workers of a Glasgow music venue have won an employment tribunal nine months after its closure.

12

Grocery delivery app Getir eyes disposals amid crunch talks

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Getir, the grocery app which expanded at breakneck speed to become of the world's most valuable fast-delivery platforms, is weighing a string of asset sales as part of crunch restructuring talks.

£67k in cash clawed back from 'explicit' arts project that planned to include real sex performances

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Creative Scotland has clawed back more than £67,000 from an explicit arts project that planned to include real sex performances.

Superdry warns of administration if rescue plans fail

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Struggling Superdry has revealed plans for a fundraising and restructuring, warning that failure will mean it faces administration.

11

DS Smith backs £5.8bn all-share takeover by US rival

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DS Smith, the UK packaging specialist, has agreed a takeover by US rival International Paper that values it at £5.8bn.

Plastic crisis 'out of control' as 1.7 billion pieces thrown away weekly in UK

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Britons are throwing away an estimated 1.7 billion pieces of plastic a week - with campaigners describing it as a crisis "out of control".

08

Concern for Bank of England as real earnings growth at highest rate since 2021

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A weaker than expected easing in the pace of pay rises means real earnings growth, when inflation is taken into account, is at its highest rate in almost two and a half years, according to the latest official figures.

Monday, Apr 15

22

MPs reject Lords' amendments to Rwanda bill - as crunch week for legislation begins

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MPs have rejected a series of Lords' amendments to the government's Rwanda bill - as a week of parliamentary showdown on the legislation begins.

20

Engineer Wood Group faces Sparta call to explore sale

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The FTSE-250 engineering services company John Wood Group is facing fresh calls to launch a strategic review almost a year after the collapse of a £1.7bn takeover bid.

19

UK growth forecasts cut by IMF - as inflation predictions revealed

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The UK economy is going to grow less than expected this year - with the International Monetary Fund warning the country will remain the second worst performer in the G7.

16

Day one of Trump's hush money case sees no jurors appointed

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Donald Trump has described the hush money case against him as a "scam" – with no jurors selected on day one and some admitting they could not be impartial.

14

Oil prices, Inchcape and Hometree

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Global oil prices dipped slightly this morning despite rising tensions in the Middle East.

Tesla to cut around 15,000 jobs under Musk drive for 'productivity' - reports

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Tesla is cutting 10% of its global workforce in a bid to reduce costs and bolster productivity, it has been reported.