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Johnson faces barrage of criticism by former aide

Bloomberg British Prime Minister Boris Johnson, facing an onslaught of criticism from the man he until recently relied on as his most powerful adviser, denied he’d blocked an inquiry into leaks of sensitive information from within his government. In a blog post, former top aide Dominic Cummings cataloged a litany of alleged failings by Johnson and his senior team, from ...

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UK economic activity surges at fastest pace in seven years

Bloomberg UK economic activity accelerated at the fastest pace in seven years this month, providing more signs of a strong rebound as the government began allowing stores and restaurants to reopen. A survey of purchasing managers rise in April to its highest level since 2013, and retail sales in March grew the most in nine months. Both indicators beat economist’s ...

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US new-home sales rise more than forecast after winter setback

Bloomberg US new-home sales rebounded sharply in March to the highest since 2006, suggesting that the housing market is back on track after winter storms impeded demand in February. Purchases of new single-family homes increased 20.7% last month to a 1.02 million annualised pace after an upwardly revised 846,000 rate in the prior month, government data showed. The figure exceeded ...

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