Hedge Fund

Global Credit Outlook 'stabilising' But Weakness Still Persists In Certain Sectors

Oil and gas, retail and restaurants show greatest sign of downgrades, report notes. Read more

Christmas Spending Poised To Fall For First Time In Five Years

Spending through November and December in the UK is set to fall 0.1% compared to a year earlier, a report from Visa and ... Read more

Italy Braced For €1bn Hit To Economy Due To World Cup Failure

Former president of Italy's National Olympic Committee says the Azzurri's absence at next summer's event would be keenly... Read more

India PM Narendra Modi's Star Undimmed Despite Demonetisation Debacle

Poll suggests Modi is more popular than ever, with seven out of 10 Indians saying they hold a "very favourable" view of ... Read more

Cutting-edge Tech In UK Manufacturing 'could Deliver £102bn Benefit'

Barclays predicts adoption of new technologies like AI would lead to the creation of 101,000 jobs in the manufacturing s... Read more

Siemens To Cut Thousands Of Jobs Worldwide But UK Workforce Could Be Spared

German industrial conglomerate says it's moving focus away from fossil fuels division. Read more

UK Retail Sales Post First Annual Decline Since 2013

UK retail sales fall 0.3% year-on-year in October, recording the first decline since 2013 as weakness lingers on. Read more

Bank Of England Will Do 'whatever It Can' To Support UK During Brexit Talks Vows Mark Carney

BoE Governor insists Brexit has turned Britain's economy from one of the best into one of the worst in the G7. Read more

Italy's Stagnation Maybe Over But It's Staring At A Painfully Long Road To Recovery

Low rise in labour productivity suggests the Italian economy's catch-up is likely to take a long time. Read more

UK Supreme Court Backs Introduction Of Minimum Pricing For Alcoholic Drinks

Scottish government had put proposals forward five years but has faced a lengthy legal challenge ever since. Read more

Philip Hammond Urged To Provide Above-inflation Pay Rise To NHS Staff

Think tank says annual cost of raising public sector pay in line with consumer price inflation would be £3.3bn by 2019/... Read more

UK Unemployment Rate Holds At Historic Low But Number In Work Falls For The First Time Since 2016

Concerns labour market might be cooling down after number of people in work records biggest drop since June 2015. Read more

Deliveroo Given Right To Not Pay Its Riders Minimum Wage After Landmark Ruling

Central Arbitration Committee rules Deliveroo riders are self-employed contractors, who can't be given workers' rights. Read more

Bank Of England Reveals Deadline Day For Swapping Old £10 Notes

Old £10 paper banknote featuring Charles Darwin will be officially withdrawn from circulation on 1 March next year. Read more

UK Inflation Holds Steady At Highest Level In Over Five Years

Inflation holds steady at a five-year high of 3% in October, but food prices grow a fastest pace since 2014. Read more