Economic News
UK to seek 'most frictionless' possible trade agreement post-Brexit
The UK’s negotiating team will seek an agreement with the EU which "allows the freest and most frictionless trade possible" between the sides post-Brexit.
NHS facing rate hikes as private hospitals get £52m tax break
Private hospitals in the UK are using a tax perk to save £52m on their business rates while NHS services struggle with hikes, new research has shown.
Government to ban cold calling to protect pensioners from scams
The UK government has outlined its plans to combat pension scams in a consultation report on Monday as reports show that fraudsters had collected nearly £5m out of pensioners between January and May alone.
Household finances still under pressure in August - Markit
UK households were a little less downbeat about their finances in August, according to the latest survey from IHS and Ipsos, although they continued to expect a deterioration over the next 12 months.
North Korea issues new threats after US confirms nearby military exercises
The US Department of Defence announced on Sunday that its annual joint military exercise with South Korea would begin on Monday and continue through until the end of August.
One dead and another injured as bus crashes into bus shelters in France
A woman in her 40's was killed and another injured when a van crashed into two bus shelters in the French city of Marseille on Monday, according to French police.
Yellen likely to be replaced as Fed chair by Cohn, economists think
Janet Yellen is not expected to get a second term as Federal Reserve chair, with Donald Trump's chief economic adviser Gary Cohn seen as the favourite to take over as head of the US central bank.
Ofgem warns power network operators over poor performance
Energy regulator Ofgem told Britain's electricity distribution network operators on Monday that their revenue could be cut, following a review of how well they were dealing with new customers that request connections.
Elon Musk leads tech executives calling for killer robot ban
Tesla founder Elon Musk was among a raft of technology experts to call on the United Nations to ban the development of killer robots.
House prices fall at sharpest rate this year - Rightmove
UK house prices fell in August by the largest month-on-month rate this year, but still improved compared to last year and there continued to be a wide variance between the health of the housing market in different parts of the country .