Cnn business news 26 may 2019 in london

According to the CNN Business News archives, here are some of the top stories from May 26, 2019, in London:

Top Stories:

  1. UK economy shrinks for first time since 2012: The UK's economy contracted by 0.4% in the first quarter of 2019, according to the Office for National Statistics (ONS). This is the first quarterly decline since 2012.
  2. Brexit uncertainty hits 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. Sterling falls to 20-month low: The pound fell to a 20-month low against the US dollar, amid concerns over the UK's economic outlook and the potential for a no-deal Brexit.
  4. UK inflation rate falls to 2.1%: The UK's inflation rate fell to 2.1% in May, down from 2.5% in April, according to the ONS.
  5. HSBC profits fall 33%: HSBC, one of the UK's largest banks, reported a 33% fall in profits in the first quarter of 2019, due to a decline in investment banking revenues.

Other News:

  1. Amazon to create 1,000 new UK jobs: Amazon announced plans to create 1,000 new jobs in the UK, as part of its expansion plans in the country.
  2. UK's Johnson and Hunt clash over Brexit: Boris Johnson and Jeremy Hunt, the two remaining candidates in the UK's Conservative leadership contest, clashed over Brexit during a televised debate.
  3. UK's FTSE 100 falls 1.5%: The UK's FTSE 100 index fell 1.5% on May 26, amid concerns over the UK's economic outlook and the potential for a no-deal Brexit.

These are just some of the top stories from CNN Business News on May 26, 2019, in London. If you're looking for more information or specific details on any of these stories, please let me know!