Economic news and events


Labour pressure to ease welfare squeeze adds to Reeves’ headaches

Rachel Reeves is under pressure to find money to fund the winter fuel payment U-turn and ease child poverty amid mounting pressure from within Labour.

The...

Mon, 26/05/2025 - 10:25


Interest in Chinese EVs from UK car buyers soars

UK car buyers’ interest in cars built by Chinese manufacturers has soared, new figures show.

Auto Trader, the UK’s largest online automotive marketplace, said more than...

Mon, 26/05/2025 - 10:06


Renationalisation of Britain’s train services begins

The UK government’s renationalisation of rail services has started as trains operated by South Western Railway were taken into public control.

Transport Secretary Heidi Alexander, who...

Sun, 25/05/2025 - 10:36


US President Trump tells UK to drill oil, stop building wind turbines

US President Donald Trump on Friday urged Britain to drill for more oil rather than build wind turbines, just a fortnight after Washington signed a...

Fri, 23/05/2025 - 12:44


UPDATE: Household energy bills in Great Britain down by 7% from July

Household energy bills in Great Britain will fall by 7% from July, Ofgem has confirmed.

The typical bill will drop by £129 to £1,720 per year...

Fri, 23/05/2025 - 07:25


UK retail sales growth tops forecast in April on warm weather boost

UK retail sales rose at a faster pace than expected last month, aided by warm weather, numbers on Friday showed.

Retail sales volumes expanded 1.2%...

Fri, 23/05/2025 - 07:09


UK PM hails trade deals before meeting with national, regional leaders

Recent trade deals with the US, India and the EU will ‘improve livelihoods’ across the UK, Prime Minister Keir Starmer said.

Ahead of a meeting with...

Fri, 23/05/2025 - 06:54


UPDATE: Starmer signs deal with Mauritius to hand over Chagos Islands

UK Prime Minister Keir Starmer has signed an agreement to hand over sovereignty of the Chagos Islands to Mauritius in a deal that will cost...

Thu, 22/05/2025 - 15:50


Doctors, teachers in England to be awarded above-inflation 4% pay rise

Teachers and doctors will get above-inflation pay rises over the next year, ministers have announced after the latest review of public sector pay.

Both professions in...

Thu, 22/05/2025 - 14:09


UPDATE: Judge clears way for UK government to sign Chagos Islands deal

A judge has cleared the way for the UK government to sign its deal over the Chagos Islands after discharging a High Court injunction which...

Thu, 22/05/2025 - 13:59


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