Downing Street has handpicked a group of City veterans to launch a probe into the Financial Reporting Council just days after a report on recently collapsed facilities management and construction services company Carillion highlighted several failures in the market.
The European Commission is dragging the UK along with Germany, France, Italy, Romania and Hungary before its highest court for breaching legal limits on levels of pollution and for failing to meet the caps set by Brussels on emissions of nitrogen dioxide.
Prime Minister Theresa May on Thursday dismissed a media report the government is planning for the UK to stay in the European customs union after 2021.
To speed planning permission for fracking projects in England, ministers have launched a fund to help local authorities deal with shale applications and a new 'planning brokerage service' to help both developers and local authorities with the application process.
UK energy users will be forced to pay an extra £1.5bn for their green energy over the next fifteen years due to a tweak of the government's policy on green energy subsidies, the National Audit Office has warned.
Growth in British wages slowed in March, official data showed on Tuesday, but employment expanded at the best quarterly rate for more than two years and the squeeze on real incomes eased as pay growth matched inflation.
London's housing industry was facing a "troubling picture" as new build starts and sales growth have fallen at their worst rate since 2012, according to findings from London Central Portfolio's April LCPAca Residential Index, EG's 2018 London Residential Market Analysis and the Office of National Statistics.
Tuesday's schedule contains some big company updates, including Vodafone, easyJet and LandSec, before a UK labour market report that will be scrutinised particularly closely after the Bank of England's recent backpedalling.
Retail numbers in UK shops have fallen by an "unprecedented" 4.8% over the past two months, according to a key industry survey.
UK consumer spending remained depressed at the start of the second quarter, as April saw households rein in spending for the 11th out of the past 12 months and high street shops being particularly hard hit.
Bank of England deputy governor Ben Broadbent on Friday denied that mixed messages were being given on interest rates after the central bank seemed to swing back to a more dovish stance.
The number of empty homes across the country has risen for the first time in a decade reaching £50bn worthy of vacant stock, new analysis has revealed.
Policymakers at the Bank of England opted to keep Bank Rate on hold on Thursday, sticking to their forecasts for a moderate pace of economic expansion over the medium-term, while pointing to current market pricing for another hike in Bank Rate around the turn of the year - although there were two dissenters.
Economists and analysts were divided as they tried to make sense of the Bank of England's decision to keep rates on hold while trimming its economic forecast.
Sluggish factory output and a continuing contraction in the construction industry added to doubts about the economy as the Bank of England prepared to release its latest decision on interest rates later on Thursday.
House prices dipped in April as sentiment in the London market dropped to a low not seen since the UK was in recession, the monthly RICS survey showed.
Hitachi has received assurances from the UK government that loans will be provided for the construction of two nuclear reactors in Wales according to Japanese media reports.
London city hall launched a new initiative, the Workforce Integration Network, to tackle the high unemployment levels of black youths in London.
The British government suffered four more Brexit defeats from the upper house of parliament overnight, including a voted against leaving the European Union's single market after the divorce date.
Only 12% of British workers consider salary to be the most important factor in their job, according to data from job site Indeed.