Page 37 - Gb News Today

Britain's housing market showed some improvement in May but further interest rates increases by the Bank of England are expected to put more pressure on demand and on prices in the coming months, an industry survey showed on Thursday.

Barclays is studying options for its global payments activities as a part of broader review into how it allocates resources, two people familiar with the matter told Reuters.

British Prime Minister Rishi Sunak said on Wednesday he would take personal responsibility if he fails to deliver on his pledges to halve inflation and grow the economy by the end of the year.

Trinidad and Tobago aims to restart an idled liquefied natural gas (LNG) unit by the first quarter of 2027 after agreeing to restructure the facility's ownership and negotiate new gas supplies, according to three people with knowledge of the plans.

A look at the day ahead in European and global markets from Ankur Banerjee:

British retail sales growth slowed to a seven-month low in May as soaring food prices prompted shoppers to rein in spending on non-essential items and dashed hopes of a boost from three public holidays, the British Retail Consortium said on Tuesday.

South African food producer Premier Group on Tuesday posted a near 40% jump in annual profit despite increasing commodity prices and rising inflation.

A look at the day ahead in U.S. and global markets from Mike Dolan

The outlook for most major housing markets has improved slightly from three months ago despite high interest rates, according to Reuters polls of property analysts who were mostly split on whether affordability would worsen or not.

Britain is holding a public inquiry into the handling of the COVID-19 pandemic, and the government is already seeking legal action against it even before it has started hearing evidence.