Eurozone inflation rate falls again
Craig TaylorThe eurozone inflation rate fell to 0.5% in May, figures show, adding to the pressure on the European Central Bank to take steps to ward off deflation. BBC News – Business
Business
Group pensions ‘in Queen’s Speech’
The government is expected to unveil plans to allow workers to contribute to Dutch-style collective pensions, which it says could boost income for members. BBC News – Business
House price growth at four-year high
House prices in England and Wales were 6.7% higher in April than a year earlier, the fastest pace of growth in four years, Land Registry figures show. BBC News – Business
Businesses hail brighter UK economy
The UK economy is in good health, suggest two major business lobby groups, the CBI and the British Chambers of Commerce. BBC News – Business
Apple agrees to $3bn Beats deal
Apple confirms it will buy headphone maker and music-streaming service provider Beats Electronics for $ 3bn. BBC News – Business
Lloyds Bank announces TSB flotation
Lloyds announces plans to float a 25% stake in its TSB business on the stock market, with small investors being offered free shares in the bank. BBC News – Business