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German tax revenues fall in August for first time this year
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UK’s top manufacturing body slashes forecasts for 2023
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Bank of England set for second hefty rate rise in a row
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Biden, UK’s Truss commit to protect Northern Ireland deal
Britain launches plan to ease doctor waiting lists
Date: September 22, 2022
LONDON (Reuters) – Britain’s health minister on Thursday will set out a plan to cut waiting times for doctors’ appointments by using pharmacies and volunteers to alleviate pressure from the National Health Service (NHS) without resorting to extra funding. Britain’s state-funded NHS, which has provided healthcare free at the point of use since 1948, has...
Dollar soars to two-decade high as Putin shakes FX market ahead of Fed
Date: September 21, 2022
By Dhara Ranasinghe and Gertrude Chavez-Dreyfuss LONDON/NEW YORK (Reuters) – The dollar surged to a new two-decade high on Wednesday just ahead of another expected aggressive Federal Reserve interest rate hike, as investors fled for safety after a decision by Russian President Vladimir Putin to mobilize more troops for the conflict in Ukraine. Putin on...
Britain proposes insurance shake-up after Grenfell Tower fire
Date: September 21, 2022
By Huw Jones LONDON (Reuters) – Britain’s financial watchdog has proposed reforming how apartment blocks are insured after the deaths of 72 people in the Grenfell Tower fire in London led to rocketing premiums on policies. The Financial Conduct Authority said on Wednesday that since the Grenfell fire in 2017, leaseholders in residential blocks have...
UniCredit focused on “internal delivery”, open to M&A in all its markets
Date: September 21, 2022
ROME (Reuters) – UniCredit is focused on delivering targets set under its business plan, though it remains ready to seize M&A opportunities in all the markets where it operates, CEO Andrea Orcel said on Wednesday. Speaking at an event in Rome, Orcel sought to clarify comments that appeared on Tuesday in German newspaper Handelsblatt about...
European governments spend half a trillion euros on energy crisis – report
Date: September 21, 2022
By Kate Abnett BRUSSELS (Reuters) -Governments in Europe have earmarked nearly 500 billion euros in the last year to cushion citizens and companies from soaring gas and power prices, according to research published by think-tank Bruegel on Wednesday. Months of surging prices have seen governments roll out measures to curb retail power prices, slash energy...
Uniper’s rocky road to German nationalisation
Date: September 21, 2022
(Reuters) – Germany’s government announced steps on Wednesday to nationalise gas importer Uniper, brought to its knees after long-term Russian partner Gazprom withheld exports in the wake of Russia’s invasion of Ukraine. Russia closed the important Nord Stream 1 export pipeline into Germany three weeks ago, saying Western sanctions were hindering operations. European politicians say...