British economy unexpectedly strong in July

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Source: Dukascopy Bank SA
The UK economy expanded more than anticipated July,with a 0.3% rise in output, the ONS reported on Monday, dampening fears of the first recession since the crisis as the Brexit crisis escalated.
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Mon, 09 Sep 2019 17:47:58 GMT

EasyJet expresses interest in Aigle Azur-owned Orly operations

The British airline easyJet has confirmed its interest on Monday in the collapsed carrier Aigle Azur-owned operations at the Paris Orly airport, as the airline had filed for bankruptcy, suspending its flights last week and leaving 19K of passengers stranded.

Mon, 09 Sep 2019 15:29:02 GMT

IMF: Saudis should consider 10% VAT

The IMF suggested that Saudi Arabia should consider an increase in the value added tax from 5% to 10% from the current 5%, stressing the importance for the country to enhance the fiscal position due to lower crude prices.

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