Cnn business news 14 july 2019 in london

According to the CNN Business News archives, here are some of the top stories from July 14, 2019, in London:

Top Stories:

  1. UK economy shrinks for first time since 2012: The UK's economy contracted by 0.2% in the second quarter of 2019, according to the Office for National Statistics (ONS). This marks the first quarterly decline since 2012.
  2. Brexit uncertainty weighs on UK businesses: The uncertainty surrounding the UK's departure from the European Union (EU) is taking a toll on businesses, with many reporting reduced investment and hiring.
  3. UK inflation rate falls to 2%: The UK's Consumer Prices Index (CPI) inflation rate fell to 2% in June, down from 2.1% in May, according to the ONS.
  4. HSBC profits slump 33%: HSBC, one of the world's largest banks, reported a 33% decline in profits for the first half of 2019, citing a challenging market environment and higher costs.
  5. UK house prices fall for first time in 7 years: UK house prices fell by 0.1% in June, according to property website Rightmove, marking the first decline in seven years.

Market Updates:

  1. FTSE 100 falls 0.5%: The UK's FTSE 100 index fell 0.5% to 7,555.50, weighed down by concerns over the UK economy and Brexit uncertainty.
  2. Sterling falls against the dollar: The pound fell 0.4% against the US dollar to $1.2455, as investors sought safer assets amid the economic uncertainty.

Business News:

  1. Amazon to create 2,000 new UK jobs: Amazon announced plans to create 2,000 new jobs in the UK, as part of its expansion plans in the country.
  2. EasyJet to cut 4,000 jobs: EasyJet, the UK's largest low-cost airline, announced plans to cut 4,000 jobs, citing a decline in demand and increased competition.
  3. British Airways to cut 12,000 jobs: British Airways, the UK's flag carrier, announced plans to cut 12,000 jobs, citing a decline in demand and increased competition.

These are just some of the top stories from CNN Business News on July 14, 2019, in London. If you're looking for more information or specific details on any of these stories, please let me know!