Economic news and events


UK trade association warns of offshore energy industry ‘deterioration’

The leading trade association for the UK’s offshore energy industry has said the situation in the industry has ‘deteriorated further’ as it called on the...

Thu, 16/10/2025 - 11:37


UK household energy debt hits eight-year high before winter

Household energy debt in the UK has hit an eight-year high before winter, figures show.

Households are starting the winter owing £780 million to their energy...

Thu, 16/10/2025 - 11:33


Reeves takes aim at ‘blockers’ using judicial review to halt projects

The UK chancellor will take aim at those who attempt to halt major infrastructure projects in the courts, in the government’s latest bid to boost...

Thu, 16/10/2025 - 11:31


UK trade deficit widens in August amid shrink in exports to US

The UK’s trade deficit stretched slightly in August, according to numbers on Thursday, as exports declined at a slightly faster pace than imports.

Numbers from...

Thu, 16/10/2025 - 08:30


UK economy grows 0.1% on-month in August after July decline

The UK economy achieved minor growth in August, numbers on Wednesday showed, aided by a rise in production.

The Office for National Statistics said UK...

Thu, 16/10/2025 - 07:10


UK chancellor faces budget ‘groundhog day’ without bold action - IFS

UK Chancellor Rachel Reeves needs to be ‘bold’ when she delivers her budget or face ‘groundhog day’ with more cuts or tax rises next year,...

Thu, 16/10/2025 - 07:01


Electricity prices to jump 20% within five years, UK energy firm warns

Electricity prices are on track to jump by a fifth over the next four or five years, according to the UK’s biggest energy supplier.

Octopus Energy’s...

Thu, 16/10/2025 - 00:15


UK banker bonuses to be paid faster under shake-up of rules

Senior bankers will be able to cash in bonuses quicker this year due to new rules that regulators say will make the UK a more...

Wed, 15/10/2025 - 11:30


Irish trade surplus dips in August; surplus with US dives 23% on-month

Ireland’s trade surplus fell a notch in August amid a significantly lower surplus with the US, data published by the Central Statistics Office showed Wednesday.

The...

Wed, 15/10/2025 - 11:26


UK chancellor eyes tax hikes amid ‘severe and long-lasting’ Brexit hit

UK Chancellor Rachel Reeves acknowledged she was looking at potential tax rises and spending cuts to fill a black hole in her budget, which she...

Wed, 15/10/2025 - 07:59


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