ECONOMIC NEWS
18 Aug
US identified as ideal trade partner for UK food and drinks exports post-Brexit
EEUU

The US was identified by the government as providing significant opportunities for a trade deal post-Brexit where food and drink was concerned, said the Food and Drink Federation.

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18 Aug
Tourist numbers rise as the pound falls
London the City Tower bridge City Hall

According to a report from the Office for National Statistics 3. 5m overseas residents visited the UK in June, bringing a £2. 2bn boost to the economy along with them.

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18 Aug
Decision on Bannon's future with White House imminent
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White House chief of staff John Kelly's decision regarding Steve Bannon's future with the administration is reportedly imminent.

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18 Aug
Odds slashed on Trump resignation after disastrous week
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Bookmakers Paddy Power has cut its odds on US President Donald Trump to resign to evens after a controversial week for the former reality television star.

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18 Aug
Leaving EU without trade deal would not hurt UK - Thinktank
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Leaving the European Union without a trade deal in place would not be a disaster for the British economy, a right-wing think tank claimed on Friday.

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18 Aug
US consumer confidence rises in August, but University of Michigan sceptical
bandera EEUU USA

Better expectations for the economy overall and for personal financial prospects saw US consumer confidence rise in August, the results of a widely-followed survey showed.

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18 Aug
Spending at pubs and restaurants holds up despite consumer squeeze
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Spending in at pubs and restaurants in July held firm at fairly subdued levels in July, according to new research published on Friday that indicates consumers are prioritising certain types of spending.

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18 Aug
Barcelona terror attack kills 13; Catalan police foil second attack in Cambrils
barcelona

A terrorist attack claimed the lives 13 people in Barcelona after a van speed through the busy central street of Las Ramblas on Thursday thoroughfare, with a second attack in the seaside town of Cambrils ending with death of five assailants.

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18 Aug
Euro area current account surplus slips in June
500 euros

The euro area's current account surplus shrank in June amid a sharp drop in the primary income balance and a worsening on that for secondary income.

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18 Aug
Euro area construction dips in June
500 euros

Construction output in the euro area retreated in June amid sharp declines in Germany and France, the bloc's main engines.

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18 Aug
Iraq looks to 'return to the Arab fold'
baghdad

As Iraq is set to hold national elections next year it is said to be working towards an alliance with Saudi Arabia that would aid the nation in its estimated $100bn rebuilding project.

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18 Aug
Gary Cohn stays on as White House chief economic adviser
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On Thursday, a spokesman for the oval office denied rumours that National Economic Council director, Gary Cohn would be stepping down as a result of the President's controversial comments about the "very fine" people protesting alongside neo-Nazis in Charlottesville, Virginia over the weekend.

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18 Aug
Third Trump council falls after Charlottesville controversy
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Another business council in the White House has been scrapped just days after last week’s Charlottesville violence, following widespread criticism of Donald Trump’s response to the incident.

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18 Aug
German factory prices dip in July
schneider electric factory

Factory prices in the Eurozone's largest economy slipped by slightly less than was anticipated last month.

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17 Aug
Van attack in Barcelona leaves 13 dead and many more injured
barcelona

A van has run over and killed 13 people on the popular Ramblas thoroughfare of Barcelona, Spain, leaving a further 80 injured.

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17 Aug
Investors more confident in Asia Pacific and Europe region than UK and US
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UK investors are most confident about backing the Asia Pacific region and global emerging markets more than the UK stock market, according to new research.

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17 Aug
VAT halted on mining imports to Congo
acacia mining

After reinstating a value-added tax (VAT) on imports by mining companies in mid-2016, The Democratic Republic of Congo has again suspended the duty.

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17 Aug
Comment: Car finance's lack of transparency is hurting consumers
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As consumer debt continues to pile up, writes Graham Hill of the National Association of Commercial Finance Brokers, the last few months has seen scrutiny turned on various lines of credit.

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17 Aug
Just 40% of new businesses operating with insurance - AXA
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More people than ever are throwing off the shackles to start their own business, but are doing so without appropriate insurance, UK insurer AXA has revealed in a survey.

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17 Aug
US industrial production jumps ahead in July
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US industrial production continued expanding in July as increased energy and utilities output offset a decline in manufacturing.

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