Economic news and events


Call for UK regions to bid to become AI growth zones

Regions across the UK have been encouraged to put themselves forward to become new economic centres for AI development, as the government opened bidding for...

Mon, 10/02/2025 - 06:56


Starmer and Dutch PM agree ‘further co-operation’ on illegal migration

The UK prime minister and his Dutch counterpart have agreed ‘further co-operation’ on tackling illegal migration, as well as discussing support for Ukraine.

Keir Starmer met...

Fri, 07/02/2025 - 07:01


England landlords forced to improve energy efficiency of homes by 2030

Landlords will have to meet decent energy efficiency standards in homes they rent out by 2030, under plans put out for consultation by the government.

All...

Fri, 07/02/2025 - 06:53


UK footfall sees January turnaround after disappointing December

UK shopper football rose in January following a disappointing Christmas season, as buyers took advantage of extended New Year’s leave and retailers extended post-Christmas discounts....

Fri, 07/02/2025 - 05:45


UPDATE: BoE confident lid is on inflation despite ‘bumps’ on road

Bank of England Governor Andrew Bailey believes the central bank will be able to cut rates further, but policymakers will need to decide meeting-by-meeting ‘how...

Thu, 06/02/2025 - 14:42


Bank of England pledges gradual approach after quarter point rate cut

The Bank of England on Thursday lowered interest rates by 25 basis points as expected with two members pushing for a bigger cut.

The BoE’s...

Thu, 06/02/2025 - 12:23


Home repossessions in UK rise but mortgage arrears on ‘downward trend’

The number of homeowners in the UK having their property repossessed increased towards the end of 2024, but mortgage arrears now appear to be on...

Thu, 06/02/2025 - 10:56


UK to receive new cyber attack severity rating system

A new monitoring centre is to begin rating the severity of cyber events – including cyber attacks – in the UK as they happen, as...

Thu, 06/02/2025 - 10:33


UK construction economy slips into decline as new work falls

The UK construction sector slipped into decline at the start of the year, snapping a 10-month growth stretch as economic uncertainty weighed, a survey on...

Thu, 06/02/2025 - 09:38


UK firms raising prices ahead of trade tariff hikes, report finds

Nearly one in four UK businesses are hiking prices in response to the threat of tariff hikes as fears grow over a global trade war...

Thu, 06/02/2025 - 06:57


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