Greece votes in favour of measures to secure a bailout
The Greek Parliament has voted in favour of austerity measures necessary to secure a third bailout for the country which is on the brink of...
FTSE 100 ended higher on Wednesday, closes at 6,753.75
The FTSE 100 ended slightly higher on Wednesday after a small drop in morning trade.
Despite concerns about developments in Greece, the benchmark index gained...
EU creditors agree on Greek bailout package worth 86 billion euros
A Greek exit from the European Union has been avoided thanks to an agreement made at an emergency Eurozone summit on Tuesday.
Greece and its...
UK inflation dropped to zero in June
UK inflation dropped down to zero again in June, suggesting that the Bank of England will wait a while before raising interest rates.
According to...
FTSE 100 surges on news of a Greek bailout deal
Markets across Europe rebounded on Monday on news that EU leaders agreed on a deal for a Greek bailout.
The UK FTSE 100 index climbed...
US mortgage rates drop amid global uncertainty
Mortgage rates in the US dropped this week amid uncertainty in world financial markets.
The 15-year fixed average rate dropped to 3.20% from 3.24% the...
UK trade deficit drops to lowest level in nearly two years
The UK’s trade in goods deficit fell to the lowest level in almost two years in May as ship imports and material manufactures dropped...
US budget deficit has dropped by $52 billion, says CBO
According to the Congressional Budget Office, the US budget deficit dropped by $52 billion during the first nine months of the fiscal year from...
IMF warns against US Fed hiking rates this year
The International Monetary Fund (IMF) warned against the US Federal Reserve hiking interest rates this year.
The IMF recommends waiting for “clear signs of wage...
UK plans to sell half of its stake in RBS within two years
The UK government plans on selling half of its stake in Royal Bank of Scotland (RBS) within the next two years, according to reports.
Last...