Business

EUROZONE monetary policymakers face the perilous task of unwinding the economy’s gigantic support programme without plunging the bloc back into crisis, as markets nervously await the European Central Bank’s plan. Daily Express :: City and Business Feed

DEMAND for autumn fashion and back-to-school kit lifted retail sales last month despite shoppers facing persistent pressure from higher inflation. Daily Express :: City and Business Feed

THE chief executive of Johnson Service Group is to retire after 33 years at the dry-cleaning, workwear and linen firm. Daily Express :: City and Business Feed

IRISH drinks firm C&C, which is behind Magners cider, will acquire pub chain Admiral Taverns alongside Proprium Capital Partners in a £220 million deal. Daily Express :: City and Business Feed

THE pound has traded in a narrow range against the US dollar today following a disappointing result for the service sector PMI. This has left the GBP/USD exchange rate in the region of $ 1.292. Daily Express :: City and Business Feed

AFTER falling on Monday in reaction to the UK’s less-than-impressive construction sector report, the GBP/EUR exchange rate was able to edge modestly higher on Tuesday in spite of the UK’s services PMI also falling short. Daily Express :: City and Business Feed

ACTIVITY in Britain’s construction industry unexpectedly slowed in August as new business slumped for the second month in a row. Daily Express :: City and Business Feed

THE pound has dropped by -0.5 per cent against the euro today, following concerning news from both the EU and the UK. Daily Express :: City and Business Feed

GEOPOLITICAL tensions and a weak outlook for US monetary policy are allowing the pound to hold its ground versus the US dollar today. Daily Express :: City and Business Feed

THE state of Britain’s property market will return to the fore this week when a clutch of housebuilding giants report. Daily Express :: City and Business Feed