UK car sales fell by 20% in September, largely because of new emissions testing regulations. As every single car now has to be tested prior to it being sold, there are bottlenecks at testing sites, which is leading…
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The only release of note from the eurozone yesterday was the construction PMI figure from Germany. In August, the figure came in at 51.5 but last month, the reading dropped to 50.2.
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August’s US factory orders were released yesterday and showed an increase of 2.3%. This was a significant about turn from the 0.8% decline we saw in the previous month and better than the 2.1% economists had expected.
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The US stock market opened higher yesterday as optimism around the Italian budget row increased and filtered through. This helped drive the Dow Jones industrial average to its highest mark ever.
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An apparent impasse was swept aside yesterday, when Italy’s Economy Minister Giovanni Tria confirmed that the Italian government plans to cut the budget deficit in 2020 and 2021 after letting it increase in 2019. The compromise has likely…
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The Prime Minister spoke at the Conservative Party Conference yesterday and asked MPs to get behind her, saying that splits in the party could halt Brexit.
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Theresa May walked onto the stage yesterday to the tune of ABBA’s Dancing Queen in a self-deprecating reference to her recent trip to Africa. Last year, she spoke against a backdrop that crumbled behind her, but this time…
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Following his return from running through what looked like fields of wheat, Boris Johnson launched an attack on Theresa May’s Brexit plan. Speaking at a fringe event at the Conservative Party Conference, Johnson said that the Chequers plan…
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