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RSS FeedsUK inflation driven up by `brutal` energy bills; Brexit woes hit pound - business live
(The Guardian Business News)

 
 

22 may 2019 11:58:32

 
UK inflation driven up by `brutal` energy bills; Brexit woes hit pound - business live
(The Guardian Business News)
 


Rolling coverage of the latest economic and financial news, including the latest on the US-China trade war and new UK inflation figuresInflation jumps to 2.1%Energy costs surged after price cap liftedPound hit by Brexit crisisUS considers blacklisting Hikvision 10.49am BST Breaking: British Steel has collapsed, after failing to agree a Ģ30m rescue funds from the UK government.`The government has worked tirelessly with British Steel, its owner Greybull Capital, and lenders to explore all potential options to secure a solution for British Steel.`The Government can only act within the law, which requires any financial support to a steel company to be on a commercial basis. I have been advised that it would be unlawful to provide a guarantee or loan on the terms of any proposals that the company or any other party has made.` Related: British Steel enters insolvency after rescue talks with government fail 10.38am BST The long slowdown in UK house price inflation ended last month.The average price of a home rose by 1.4% in the 12 months to March, new ONS figures show. Thatīs up from 1% in February.House price changes across the UK in March. Yorkshire & the Humber seeing the fastest growth at 3.6%y/y with London, the N.East & the S. East all seeing average price falls. pic.twitter.com/ZPVKdYfQR4 Continue reading...


 
13 viewsCategory: Business
 
British Steel enters insolvency after rescue talks with government fail
(The Guardian Business News)
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(The Guardian Business News)
 
 
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