Cnn business news 15 july 2019 in london

According to the CNN Business News archives, here are the top stories from July 15, 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, marking the first decline since 2012. The decline was attributed to a decline in manufacturing and construction output.
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 companies delaying investments and hiring due to the lack of clarity on the country's future trade relationships.
3. UK inflation rate falls to 2%: The UK's inflation rate fell to 2% in June, down from 2.1% in May, according to the Office for National Statistics (ONS). The decline was attributed to a fall in food and drink prices.
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 decline in investment banking revenue and higher costs.
5. UK's FTSE 100 index falls 1.5%: The UK's FTSE 100 index fell 1.5% on Monday, July 15, amid concerns over the UK's economic outlook and the impact of Brexit on the country's businesses.

Other News:

• The UK's Office for Budget Responsibility (OBR) warned that the country's economy could shrink by 2.6% in the event of a no-deal Brexit.
• The UK's Chancellor of the Exchequer, Philip Hammond, said that the government would not provide a "blank check" to the EU in Brexit negotiations.
• The UK's Competition and Markets Authority (CMA) launched an investigation into the country's energy market, citing concerns over high prices and poor customer service.

Please note that these stories are based on archived news articles and may not reflect the current market situation or news.